LONDON (Reuters) – New British finance minister Jeremy Hunt will announce tax and spending measures on Monday, two weeks earlier than previously scheduled, the finance ministry said as Hunt tries …
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A look at the day ahead in European and global markets from Ankur Banerjee It didn’t take long for Britain’s newest finance minister Jeremy Hunt (that’s four finance ministers in …
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By Jamie McGeever ORLANDO, Fla. (Reuters) – They’ll be proved right one day, just not yet. Hedge funds continue to bet that the U.S. Federal Reserve will end its aggressive …
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Exclusive-China’s state banks seen acquiring dollars in swaps market to stabilise yuan – sources
by ReutersSHANGHAI/BEIJING (Reuters) -China’s state banks stepped up their intervention to defend a weakening yuan on Monday, with banking sources telling Reuters these banks sold a high volume of U.S. dollars …
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KYIV (Reuters) – The capital of Kyiv was hit on Monday by kamikaze drones, Andriy Yermak, head of the Ukrainian president’s staff, wrote on the Telegram messaging app. “Russians think …
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By Humeyra Pamuk WASHINGTON (Reuters) – Egypt has missed out on an additional $75 million in American military aid after a senior Democratic U.S. senator blocked the funding over concerns …
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SINGAPORE (Reuters) – Singapore’s September non-oil domestic exports (NODX) grew 3.1% year-on-year, official data showed on Monday, slower than the previous month and missing forecasts due to declines in shipments …
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SHANGHAI (Reuters) – China’s central bank still has many policy tools to guide yuan expectations and the currency is unlikely to have persistent sharp depreciation, a former People’s Bank of …
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SHANGHAI (Reuters) -China’s central bank rolled over maturing medium-term policy loans while keeping the interest rate unchanged for a second month on Monday, reinforcing expectations that conditions will continue to …
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Zeldin Pledges To Declare Statewide Crime Emergency, Suspend Cashless Bail Laws Trevor Schakohl on October 16, 2022 Republican New York gubernatorial candidate Lee Zeldin aims to declare a crime …
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By Hyonhee Shin SEOUL (Reuters) – South Korea’s troops kicked off their annual Hoguk defence drills on Monday, designed to boost their ability to respond to North Korea’s nuclear and …
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By Dan Whitcomb (Reuters) – New York City police on Sunday asked the public to help identify a suspect who shoved a subway rider in front of an oncoming train …
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By Jeff Mason WILMINGTON, Del. (Reuters) -U.S. President Joe Biden will take on a potential 2024 presidential rival, Florida’s Governor Ron DeSantis, in a November campaign event for the Democratic …
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By Sethuraman N R and Munsif Vengattil BENGALURU (Reuters) – Funding commitments for digital push remain intact despite a challenging macro-economic environment, the chief executive of India’s No. 1 information …
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MEXICO CITY (Reuters) -Unidentified gunmen opened fire in a bar in the central Mexican city of Irapuato on Saturday evening, shooting dead six women and six men, local authorities said, …
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Analysis – A $1 trillion headache: China’s local fiscal shortfall poses broader growth risks
by ReutersBy Ellen Zhang and Ryan Woo BEIJING (Reuters) – By any account, $1 trillion seems huge. That’s the scale of budget shortfalls facing Chinese provinces, reducing their fiscal firepower to …
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By Rae Wee and Summer Zhen SINGAPORE (Reuters) – Indonesia’s currency is tumbling and foreign money in its bond markets is heading for the exits, stoking fears that Southeast Asia’s …
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LONDON (Reuters) – Britain’s housing market lost momentum this month after Prime Minister Liz Truss’s economic plans upset financial markets and triggered a repricing of the mortgage market, data from …
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(Reuters) – China’s 20th Communist Party Congress began on Sunday, with Xi Jinping poised to clinch his third five-year stint in charge – a mandate that would secure him as …
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By William Schomberg LONDON (Reuters) – More large British companies view borrowing as expensive than at any time in the past decade, due partly to financial market turmoil caused by …
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By Stefaniia Bern and Max Hunder KYIV (Reuters) – Liubov Palii was sitting at her computer when the lights went off in her one-bedroom apartment after Russian strikes pummelled Ukraine’s …
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By Pavel Polityuk KYIV (Reuters) -Russia has opened a criminal investigation after gunmen shot dead 11 people at a military training ground near the Ukrainian border, authorities said on Sunday, …
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By Nick Carey (Reuters) – The European Union needs to provide more regulatory incentives for its carmakers to scale up fully electric vehicle (EV) production or risk losing market share …
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By Leika Kihara WASHINGTON (Reuters) – Japan and other countries facing the fallout from a soaring U.S. dollar found little comfort from last week’s meetings of global finance officials, with …
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(Reuters) – Activist investor Starboard Value LP has a nearly 5% stake in Splunk Inc and plans to push the software maker to take steps that would boost its share …