By Chris Prentice and Marc Jones NEW YORK/LONDON (Reuters) – Global equities rose on Thursday on news that a large group of banks were infusing cash into U.S. lender First Republic Bank and as a[...]
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Australia
Dollar slips after ECB rate decision, Fed hike seen
By Herbert Lash and Alun John NEW YORK/LONDON (Reuters) -The dollar fell and the euro rose on Thursday after the European Central Bank raised interest rates as planned despite market chaos in recent d[...]
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Rio Tinto appoints directors with mining, renewable energy experience
(Reuters) – Rio Tinto has appointed two non-executive directors, the miner said on Thursday, in response to its chairman’s call for more members with experience in mining and renewable ene[...]
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S&P says SVB fallout won’t lead to rating actions on APAC banks
(Reuters) – Ratings agency S&P on Thursday said the fallout from Silicon Valley Bank’s collapse may not lead to any rating actions on Asia-Pacific banks as they are well placed to abso[...]
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Australia employment rebounds in Feb, jobless drops back to near 50-yr lows
By Stella Qiu SYDNEY (Reuters) – Australia employment rebounded strongly in February after two months of declines, while the jobless rate fell back to near 50-year lows, suggesting the country[...]
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Dollar gains in safe-haven buying as Credit Suisse sparks wider banking fears
By Herbert Lash and Joice Alves NEW YORK/LONDON (Reuters) -The dollar rose on Wednesday on safe-haven buying after Credit Suisse’s stock tumbled following the disclosure of “weaknesses[...]
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Global sell-off resumes after Credit Suisse renews worries; gold rallies
By Chris Prentice and Dhara Ranasinghe NEW YORK/LONDON (Reuters) – Renewed unease gripped world markets on Wednesday as news that Credit Suisse’s largest investor said it could not provide[...]
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Australia’s biggest pension funds not doing enough on climate, activist investor says
SYDNEY (Reuters) – Australia’s five largest pension funds were not doing enough to push fossil fuel companies toward decarbonisation, activist investor group Market Forces said on Wednesda[...]
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Global equities gain, as rising bond yields pressure gold
By Chris Prentice and Amanda Cooper NEW YORK/LONDON (Reuters) -Global shares stemmed a five-session rout on Tuesday as bank shares rebounded and closely-watched U.S. inflation data was in line with ex[...]
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