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Australia

South32 sees shipping delays tying up cash in inventory

BY Reuters  • January 23, 2023January 23, 2023
MELBOURNE (Reuters) – Australian diversified miner South32 Ltd on Monday reported production of key commodities that largely met expectations but noted that shipping snarls had led to an invento[...]
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Asia Australia Business Economy Latin America

Dollar ends up vs yen, as super easy BOJ policy seems here for a while

BY Reuters  • January 20, 2023January 20, 2023
By Alden Bentley and Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Profit taking dampened a dollar surge against the yen on Friday, but the buck ended higher and still logged the biggest weekly[...]
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Asia Australia Business Canada Economy Europe UK Updated US

Stocks rally with Netflix; dollar jumps vs yen after BOJ governor remarks

BY Reuters  • January 20, 2023January 20, 2023
By Caroline Valetkevitch NEW YORK (Reuters) – Global equity indexes rose sharply on Friday, with Wall Street rallying after a jump in Netflix and Alphabet shares, while the U.S. dollar had its b[...]
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Asia Australia Business Economy Europe Top News Updated US

Australia seeks views on Sika’s proposed MBCC asset sales

BY Reuters  • January 20, 2023January 20, 2023
(Reuters) – Australia’s competition regulator said on Friday it was seeking market views on the proposed sale of MBCC Group’s assets in the country by Swiss chemicals maker Sika AG.[...]
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Asia Australia Business Europe

Stocks fall, yields up; economic slowdown worries mount

BY Reuters  • January 19, 2023January 19, 2023
By Caroline Valetkevitch NEW YORK (Reuters) – World stocks fell on Thursday and U.S. benchmark 10-year Treasury yields bounced up off of four-month lows, as worries mounted that an aggressive st[...]
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Asia Australia Business Economy Europe Updated US

U.S. dollar slumps as data continues to show slowdown; yen rises

BY Reuters  • January 19, 2023January 19, 2023
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar slid on Thursday in choppy trading, as a slew of data continued to show that the U.S. economy was slowing down in the wake of multiple[...]
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Asia Australia Business Canada Economy Europe UK Updated US

Australian state says coal miners must keep up to 10% for local needs

BY Reuters  • January 19, 2023January 19, 2023
By Melanie Burton and Sonali Paul MELBOURNE (Reuters) – Australia’s most populous state is set to require coal miners to reserve up to 10% of production for the domestic market, as part of[...]
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Asia Australia Business Economy Europe Politics Updated US

Aussie falters on soft jobs data, kiwi calm after Ardern resignation

BY Reuters  • January 19, 2023January 19, 2023
By Stella Qiu SYDNEY (Reuters) – The Australian dollar reversed a recent rally on Thursday, as rising fears of a U.S. recession and soft local jobs data knocked the risk-sensitive currency, whil[...]
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Asia Australia Business Economy US

Treasury yields fall after U.S. data, stocks decline

BY Reuters  • January 18, 2023January 18, 2023
By Caroline Valetkevitch NEW YORK (Reuters) – U.S. 10-year Treasury yields fell to a four-month low on Wednesday as data showed U.S. retail sales declined more than expected in December, while t[...]
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Asia Australia Business Economy Europe Updated US
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