By Naomi Rovnick and Koh Gui Qing NEW YORK/LONDON (Reuters) -U.S. shares struck new highs for the year on Friday and helped lift world stocks to a 13-month peak, as rising bets that the Federal Reserv[...]
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Australia
Dollar gains before Fed meeting, inflation data
By Karen Brettell NEW YORK (Reuters) – The dollar bounced off two-week lows on Friday as investors awaited inflation data and the Federal Reserve’s interest rate decision next week for any[...]
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Aussie Big Four banks hike home loan rates to match central bank move
(Reuters) – All of Australia’s “Big Four” banks on Friday passed on the Reserve Bank of Australia’s (RBA) latest rate hike to their customers in full, raising their respe[...]
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Australia recession risk heightens after RBA warns of bumpy path to low inflation
By Stella Qiu SYDNEY (Reuters) – The risk of Australia’s economy slipping into recession has risen sharply, after the central bank surprised markets this week by raising rates and warned i[...]
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Commonwealth Bank of Australia puts odds of Australian recession in 2023 at 50%
SYDNEY (Reuters) – Commonwealth Bank of Australia, the country’s biggest lender, on Friday put the odds of a recession in Australia this year at 50%, as the impact from the hefty monetary[...]
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Marketmind: China inflation could spoil the weekend party
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. A big dollar fall, historically low volatility, lower bond yields, and Wall Street on the march with t[...]
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Shares rise, Treasury yields fall as US jobless claims surge
By Marc Jones and Koh Gui Qing NEW YORK/LONDON (Reuters) – World stocks rose on Thursday and Treasury yields edged lower as investors leaned toward bets that the U.S. Federal Reserve is likely t[...]
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Dollar dips as jobless claims increase
By Karen Brettell NEW YORK (Reuters) – The dollar fell on Thursday after data showed that U.S. jobless claims rose more than expected in the latest week, though the market was generally viewed a[...]
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Jobs at stake as California port terminal upgrades to green technology
By Lisa Baertlein LOS ANGELES (Reuters) – Unions hope a $30 million grant to electrify tractors in a Long Beach, California, port terminal’s final push to become the world’s first ze[...]
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