By Herbert Lash NEW YORK (Reuters) -Global stock markets rallied and the dollar strengthened on Thursday after a slew of data showed a strong U.S. economy that is decelerating with slowing inflation,[...]
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Australia
Dollar higher as strong U.S. data backs a hawkish Fed
By Saqib Iqbal Ahmed NEW YORK (Reuters) – The dollar edged higher against the euro on Thursday after data showed the U.S. economy maintained a strong pace of growth in the fourth quarter, backin[...]
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Mongolia calls on Rio Tinto to keep budget for giant copper mine in check
By Clara Denina LONDON (Reuters) – Mongolia has asked Rio Tinto, its partner in the huge Oyu Tolgoi copper and gold mine in the Gobi desert, not to further increase its estimated $7.06 billion b[...]
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Stocks slide as corporate results spur recession fears
By Herbert Lash NEW YORK (Reuters) -Global equity markets skidded on Wednesday as poor corporate results fueled recession fears, as did the ongoing inversion of short- and long-dated Treasury yields[...]
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Natural disasters caused $313 billion economic loss in 2022 – Aon
(Reuters) – Natural disasters, many driven by climate change, caused global economic losses of $313 billion in 2022, insurance broker Aon estimated on Wednesday, of which less than half was insu[...]
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Dollar eases as traders look to central banks for cues
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar slipped against the euro on Wednesday, but its losses were capped as traders were hesitant to make any big bets ahead of next week’s central b[...]
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Stocks, dollar mostly flat on soft data, corporate outlooks
By Herbert Lash and Alun John NEW YORK/LONDON (Reuters) -U.S. stock indexes closed mixed and the dollar slid a bit on Tuesday after companies warned of a tough year ahead along with some profit beats,[...]
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Australian Dec business conditions moderate, cost pressures ease – survey
SYDNEY (Reuters) – Australian businesses conditions moderated for a third straight month in December, while price pressures began to ease, pointing to a likely peak in inflation, according to a[...]
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Dollar edges lower vs euro on ECB rate hike bets
By Saqib Iqbal Ahmed and Samuel Indyk NEW YORK (Reuters) – The dollar slipped against the euro on Monday, at one point hitting a fresh 9-month low, as the common currency found support from Euro[...]
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