By Stella Qiu and Praveen Menon CAMPBELLTOWN, Australia (Reuters) – Belinda has applied for more than 100 rental homes in the past year and been rejected every time. The 39-year-old …
Reuters
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Rich Chinese step up hunt for foreign investment bets to mitigate risks at home
by Reutersby ReutersBy Xie Yu and Summer Zhen HONG KONG (Reuters) – Wealthy Chinese individuals are paring holdings of local securities and are increasingly looking at assets in the United States and …
- Business News
China’s COVID surge hits Beijing trading floors, Shanghai finance hub
by Reutersby ReutersSHANGHAI (Reuters) – COVID-19 is sweeping through trading floors in Beijing and spreading fast in the financial hub of Shanghai, with illness and absence thinning already light trade and forcing …
- US and World News
Exclusive-Russian-annexed Crimea showers Syria with wheat, Ukraine cries foul
by Reutersby ReutersBy Jonathan Saul, Maha El Dahan and Maya Gebeily LONDON/DUBAI/BEIRUT (Reuters) – Using a low-profile fleet of ships under U.S. sanctions, Syria has this year sharply increased wheat imports from …
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By John O’Donnell and Christoph Steitz FRANKFURT (Reuters) -After setting aside almost half a trillion dollars to date tackling its energy crisis, Germany is also poised to take on the …
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BEIJING (Reuters) – New-home sales in 16 Chinese cities rose at a slower pace last week, held back by falling transactions in the biggest cities and by surging COVID-19 cases, …
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Australia’s sovereign wealth fund buys gold, commodities as shadow of 1970s looms
by Reutersby ReutersBy Lewis Jackson SYDNEY (Reuters) – Australia’s A$200 billion ($134.28 billion) sovereign wealth fund is increasing exposure to gold, commodities, private equity and infrastructure as it warns the future will …
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By Rae Wee SINGAPORE (Reuters) – Private equity holdings are being sold at a record clip in an opaque secondary market, investors say, as asset managers cash out to cover …
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BOJ may unwind ultra-easy policy in 2023, nearly half of economists say: Reuters poll
by Reutersby ReutersBy Kantaro Komiya TOKYO (Reuters) – The Bank of Japan (BOJ) could unwind its ultra-loose monetary policy between March and October next year, according to almost half the economists in …
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KUALA LUMPUR (Reuters) – Malaysia’s exports rose by 15.6% in November, above expectations, government data showed on Monday. November’s exports had been expected to grow 13.2%, according to eight economists …
- Business News
Chinese business confidence falls to lowest in almost a decade on COVID
by Reutersby ReutersBEIJING (Reuters) -China’s business confidence fell to its lowest since January 2013, a survey by World Economics showed on Monday, reflecting the impact of surging COVID-19 cases on economic activity …
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By Choonsik Yoo SEOUL (Reuters) – South Korea on Monday flagged a deeper economic slowdown than expected at least through the first half of next year, and extended sales tax …
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Taiwan’s export orders seen contracting at faster pace in Nov- Reuters poll
by Reutersby ReutersTAIPEI (Reuters) – Taiwan’s export orders likely contracted again in November, a Reuters poll showed on Monday, as global demand for the island’s technology-related goods cools and at a faster …
- Business News
Investors ramp up pressure on Big Oil firms to set 2030 climate targets
by Reutersby ReutersBy Ron Bousso and Sabrina Valle LONDON (Reuters) -A group of investors has tabled resolutions urging four of the world’s top oil and gas companies to set broad climate targets …
- US and World News
Peru’s president to replace prime minister in Cabinet shakeup
by Reutersby ReutersBy Marco Aquino LIMA (Reuters) -Peruvian President Dina Boluarte, who is leading a transitional government following the ouster of her predecessor, will replace the prime minister as part of a …
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Foxconn fine for unauthorised China investment likely to be imposed soon – source
by Reutersby ReutersTAIPEI (Reuters) – Foxconn, the world’s largest contract electronics maker, is likely to be fined soon by Taiwan’s government for an unauthorised investment in a Chinese chip maker, a person …
- US and World News
‘I don’t trust it:’ Vaccine hesitancy lingers even as China COVID cases surge
by Reutersby ReutersBy David Kirton SHENZHEN, China (Reuters) – Headhunter Candice knows the COVID-19 infections engulfing Beijing and much of China will soon hit her home of Shenzhen city, but she would …
- US and World News
UK court to rule if deportation flights to Rwanda can restart
by Reutersby ReutersBy Andrew MacAskill and Michael Holden LONDON (Reuters) – Judges at London’s High Court will rule on Monday whether the British government’s plan to send asylum seekers to Rwanda is …
- Business News
Star Entertainment dives on NSW govt’s proposal to reform casino tax rates
by Reutersby Reuters(Reuters) – Shares in Australia’s Star Entertainment Group tumbled nearly 12% on Monday, after the New South Wales (NSW) government proposed to raise taxes on casino poker machine operators in …
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MELBOURNE (Reuters) -Newcrest Mining Ltd Chief Executive Sandeep Biswas will retire from his role after eight years at the helm of Australia’s largest gold producer, the company said on Monday. …
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LONDON (Reuters) -The British government is “resolute” it will not budge on nurses’ pay, senior minister Oliver Dowden said on Sunday, ahead of a planned second nationwide walkout by the …
- US and World News
Three dozen injured when flight to Hawaii hits severe turbulence, reports say
by Reutersby Reuters(Reuters) – Some three dozen people were injured, 11 of them seriously, on Sunday when a Hawaiian Airlines flight to Honolulu was hit by severe turbulence, local media reported. Emergency …
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By Mitch Phillips LUSAIL, Qatar (Reuters) -Argentina won their third World Cup in an extraordinary final on Sunday as they beat France 4-2 on penalties after Lionel Messi scored twice …
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BOJ must eye rate hike, shift to more flexible policy, says ex-deputy governor
by Reutersby ReutersBy Leika Kihara TOKYO (Reuters) – The Bank of Japan (BOJ) must make its monetary policy framework more flexible and stand ready to raise its long-term interest rate target next …
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BEIJING (Reuters) -China’s aluminium imports in November fell 35.7% from a year earlier as a result of mounting domestic supply, also as the COVID-hit economy continued to temper demand for …