By Hannah Lang and Iain Withers WASHINGTON/LONDON (Reuters) – The dollar pared losses on Friday after a fresh readout of inflation data and was on track for a third straight weekly gain, as mark[...]
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Australia
Australia retail sales flat in April as consumers cut back on food, dining out
By Stella Qiu SYDNEY (Reuters) -Australian retail sales were flat in April as consumers, who face high living costs and rising interest rates, cut back spending on food and dining out, bolstering the[...]
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Marketmind: Happy Friday, it’s AI boom time
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Asian stocks could be poised to end a volatile and dramatic week on a strong note on Friday, especiall[...]
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Nvidia fuels Wall Street gains; gold falls to two-month low
By Chris Prentice and Marc Jones NEW YORK/LONDON (Reuters) -Progress on U.S. debt ceiling talks bolstered global equities and sent gold prices to a two-month low on Thursday, as forecast-smashing reve[...]
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Euro lower as Germany enters recession, dollar scales 2-month peak
By Samuel Indyk LONDON (Reuters) – The euro fell on Thursday as Europe’s largest economy Germany was confirmed to be in a recession, while the dollar hit a two-month peak, benefitting from[...]
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Australia’s Treasury Wine warns of demand hit from inflation
By Navya Mittal and Echha Jain (Reuters) -Australia’s Treasury Wine Estates warned on Thursday that inflation was squeezing demand for its commercial-grade wine and driving up packaging costs, s[...]
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PwC to remove staff involved in Australia tax leak scandal from govt work
By Lewis Jackson and Renju Jose SYDNEY (Reuters) -PricewaterhouseCoopers (PwC) has agreed to remove staff with links to the leak and use of confidential Australian tax plans from government work, a se[...]
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Marketmind: U.S. default risk clouds Korea, Indonesia rate decisions
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. The central banks of South Korea and Indonesia announce interest rate decisions on Thursday, against a[...]
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Dollar gains on resilient U.S. economy, flight to safety
By Herbert Lash NEW YORK (Reuters) -The dollar hit a fresh two-month high against a basket of peers on Wednesday, bolstered by recent signs of a resilient U.S. economy, while unease over U.S. debt cei[...]
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