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Stalled US debt talks, inflation woes hit stocks

BY Reuters  • May 24, 2023May 24, 2023
By Lawrence White and Koh Gui Qing LONDON/NEW YORK (Reuters) -World stocks dropped on Wednesday as U.S. debt ceiling talks dragged on without resolution, stoking a general malaise in markets that saw[...]
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Asia Australia Business Economy Europe Updated US

Australia refers PwC tax document leak scandal to police

BY Reuters  • May 24, 2023May 24, 2023
By Lewis Jackson SYDNEY (Reuters) -The Australian Treasury has referred a confidential document leak scandal involving professional services firm PricewaterhouseCoopers (PwC) to police, Secretary to t[...]
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Asia Australia Business Europe Politics Top News UK Updated

Marketmind: RBNZ to hike rates, U.S. default ticks closer

BY Reuters  • May 23, 2023May 23, 2023
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. An expected interest rate hike in New Zealand will be the main regional focus for Asian and Pacific ma[...]
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Asia Australia Business Economy US

Global shares drop, benchmark US yields ease amid debt ceiling deadlock

BY Reuters  • May 23, 2023May 23, 2023
By Chris Prentice and Alun John NEW YORK/LONDON (Reuters) -Global equities retreated and benchmark U.S. Treasury yields eased off two-month highs on Tuesday as talks over the U.S. debt ceiling continu[...]
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Asia Australia Business Economy Europe Updated US

Dollar higher as U.S. debt ceiling concerns keep traders nervous

BY Reuters  • May 23, 2023May 23, 2023
By Karen Brettell and Saqib Iqbal Ahmed NEW YORK (Reuters) – The U.S. dollar hit a two-month high against a basket of currencies on Tuesday as a lack of progress in talks over increasing the U.S[...]
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Asia Australia Business Canada Economy Europe UK Updated US

Allkem, set for merger, talks up Argentina’s ‘enormous’ lithium riches

BY Reuters  • May 23, 2023May 23, 2023
By Lucila Sigal BUENOS AIRES (Reuters) – Australian-based lithium miner Allkem Ltd, set for a $10.6 billion merger with U.S.-based Livent Corp, sees “enormous” opportunity in Argenti[...]
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Asia Australia Business Latin America Politics Updated US

Wall Street mixed, European stocks flat as US debt ceiling talks progress

BY Reuters  • May 22, 2023May 22, 2023
By Chris Prentice and Nell Mackenzie NEW YORK/LONDON (Reuters) -Wall Street shares were mixed and European stocks finished little-changed as talks in Washington resumed to avert a U.S. default, while[...]
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Asia Australia Business Economy Europe Top News Updated US

Dollar gains against yen as Fed policy, debt ceiling in focus

BY Reuters  • May 22, 2023May 22, 2023
By Karen Brettell NEW YORK (Reuters) – The dollar rose against the Japanese yen on Monday, holding just below a six-month high, as investors waited on fresh data to signal whether the U.S. Feder[...]
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Asia Australia Business Canada Economy Europe UK Updated US

Australia wins U.S. support for critical minerals industry

BY Reuters  • May 22, 2023May 22, 2023
MELBOURNE (Reuters) -Australia has won the backing of the United States for development of its critical minerals industry after the two countries reached an agreement to coordinate polices and investm[...]
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