By Cynthia Kim and Jihoon Lee SEOUL (Reuters) – South Korea’s housing prices fell at the sharpest rate in at least 19 years in October, adding to expectations the nation’s central ba[...]
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Asia
WTO warns of ‘real’ recession risk in some major economies
By Leika Kihara NUSA DUA, Indonesia (Reuters) – The head of the World Trade Organization (WTO) warned on Wednesday that several major economies face a real risk of sliding into recession as the[...]
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China’s home prices see biggest fall in 7 years, recovery bumpy
BEIJING (Reuters) -China’s new home prices fell at their fastest pace in over seven years in October, weighed down by COVID-19 curbs and industry-wide problems, reflecting a deepening contractio[...]
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India’s Tata to open 20 ‘beauty tech’ outlets, in talks with foreign brands
By Aditya Kalra NEW DELHI (Reuters) – India’s Tata Group is planning to open at least 20 “beauty tech” stores where it will use virtual makeup kiosks and digital skin tests to[...]
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Apple prepares to source chips from Arizona plant – Bloomberg News
(Reuters) – Apple Inc is preparing to begin sourcing chips for its devices from a plant under construction in Arizona in the United States, Bloomberg News reported on Tuesday. The company may al[...]
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U.S. FBI director says TikTok poses national security concerns
By David Shepardson WASHINGTON (Reuters) – The U.S. operations of Chinese-owned TikTok raise national security concerns, FBI Director Chris Wray said on Tuesday, flagging the risk that the Chine[...]
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Global stocks rise but Polish deaths raise market concerns
By Herbert Lash NEW YORK (Reuters) – Stocks rose and the dollar fell on Tuesday after data provided new signs U.S. inflation was peaking, but markets were rattled by media reports that said Russ[...]
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Marketmind: The fog of war
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Investors clearly want to take stocks and risk assets higher to try and make up for a dismal year, and[...]
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Banking giants and New York Fed start 12-week digital dollar pilot
By Lananh Nguyen NEW YORK (Reuters) – Global banking giants are starting a 12-week digital dollar pilot with the Federal Reserve Bank of New York, the participants announced on Tuesday. Citigrou[...]
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