By David Randall NEW YORK (Reuters) -World stocks rallied on Monday to their highest levels since mid-December after China reopened its borders while benchmark Treasury yields drifted lower as investo[...]
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Australia
Dollar hits 7-month low vs euro on expectations of slower Fed hikes
By John McCrank and Amanda Cooper NEW YORK (Reuters) -The U.S. dollar on Monday fell to its weakest level in seven months against the euro as traders bet recent economic data would prompt the Federal[...]
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Private equity acquires a taste for drug development
By David Carnevali (Reuters) – Private equity firms that deemed drug development too risky for their liking in the past are increasingly investing in the sector, raising dedicated funds and comi[...]
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Carmaker Stellantis seals batteries material deal with Element 25
MILAN (Reuters) – Carmaker Stellantis has signed a deal with Australian miner Element 25 for the supply of manganese sulphite for batteries for its electric vehicles (EVs), the two companies sai[...]
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Tesla offers discount in Singapore on EVs in inventory
SINGAPORE (Reuters) – Tesla has begun offering discounts to electric vehicle buyers in Singapore who agree to purchase existing inventory of the Model 3 or Model Y, a company sales representativ[...]
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Marketmind: Soft landings and re-openings
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Asian markets are set to open the week with a spring in their step on Monday, buoyed by Wall Street[...]
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World stocks soar, investors pare rate bets after US jobs data
By Koh Gui Qing NEW YORK (Reuters) -Wall Street sparked a global rally in stocks on Friday after a crucial U.S. jobs report showed wage growth slowed in December, fuelling investor bets that inflation[...]
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Dollar tumbles after U.S. jobs report, service sector contraction
By Karen Brettell NEW YORK (Reuters) – The dollar fell on Friday after U.S. jobs data showed a strong, but not blockbuster employment picture in December, while a separate report showed that U.S[...]
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Stocks stall as firm Fed message reins in China rally
By Marc Jones and Koh Gui Qing NEW YORK (Reuters) – U.S. stocks sank on Thursday and brought to a halt a global rally in global stocks, as upbeat American jobs data after the Federal Reserve[...]
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