By Alden Bentley (Reuters) – A look at the day ahead in Asian markets. The court-ordered liquidation of debt-laden China Evergrande was expected and hardly rattled Asian investors aside from …
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Leading Offshore Wind Developer Pulls Plug On Two Projects Nick Pope on October 31, 2023 A major offshore wind developer announced that it is cancelling two major developments on Tuesday …
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By Shivansh Tiwary and Raechel Thankam Job (Reuters) – Businesses ranging from airlines to auto parts makers are starting to feel the heat from the month-long strike by hourly workers …
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By Xie Yu and Clare Jim HONG KONG (Reuters) – As developer China Evergrande Group lurched from one crisis to another over the past two years, Beijing avoided directly intervening …
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By Yoruk Bahceli (Reuters) – A big selloff that pushed U.S. borrowing costs to 15-year highs left euro zone bonds relatively unscathed in August, reflecting investor bets the bloc’s economic …
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By Paritosh Bansal (Reuters) – Fund managers are worried the Biden administration’s move to restrict some outbound U.S. investment to China will further fuel anti-Beijing sentiment in Washington and prompt …
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(Reuters) – Australian banks are well-positioned to deal with the pressures emanating from the recent bank runs in the United States, but their margins could be squeezed by the fierce …
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(Reuters) – Ratings agency S&P on Thursday said the fallout from Silicon Valley Bank’s collapse may not lead to any rating actions on Asia-Pacific banks as they are well placed …
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LONDON (Reuters) -Britain’s finance ministry and the Bank of England are working to minimize the disruption that could arise from a collapse of the UK arm of Silicon Valley Bank, …
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ZURICH (Reuters) -Credit Suisse shares hit a new all-time low in early trading on Friday as the European banking sector suffered the fallout from a sharp sell-off in U.S. financial …
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‘It Smelled So Bad’: Store Owner Describes Fallout From Toxic Train Derailment Harold Hutchison on February 17, 2023 The owner of a store in East Palestine, Ohio, described pungent odors …
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By Suban Abdulla LONDON (Reuters) – British property market activity stalled in October and house price growth slowed to its lowest quarterly level since February 2020 due to a disastrous …
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By Georgina Lee HONG KONG (Reuters) – A leading cryptocurrency retail service provider in Hong Kong said it has ceased trading as the broader fallout from the collapse of FTX, …
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(Reuters) – Portland Thorns fired two key executives on Wednesday after a report said abuse was rampant in the top-flight U.S. National Women’s Soccer League (NWSL). The Thorns said they …
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FRANKFURT – Euro zone countries are spending more than they will get back to cushion the economic hit from the Ukraine war via fuel subsidies and other support measures, the …
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By Gopal Sharma and Manoj Kumar KATHMANDU/NEW DELHI – Bhutan is considering several steps to contain adverse impacts on the economy following a fall in foreign exchange reserves, its economic …
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MSNBC Contributor Slams Democrats As ‘Too Weak’ To Handle SCOTUS Fallout Harold Hutchison on June 28, 2022 A MSNBC contributor told “ReidOut” host Joy Reid Monday night that Democrats were …
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DOHA – A senior airline industry official criticised a decision by Airbus to revoke a plane order from Qatar Airways, saying the move would encourage airlines to take their own …
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PRAIA – Cape Verde will spend around $85 million on emergency subsidies and fiscal measures this year to mitigate the rise in food and fuel prices brought by the war …
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By M. Sriram and Aditya Kalra MUMBAI – Sequoia Capital’s India partners, caught out early this year by governance scandals at startup companies in its portfolio, assured investors at an …
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By Hannah Lang WASHINGTON – The cryptocurrency industry is scrambling to respond to U.S. lawmakers’ concerns about stablecoins following the collapse of TerraUSD, which wiped billions off the cryptocurrency market. …
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By Leika Kihara TOKYO -The International Monetary Fund (IMF) cut Japan’s economic growth forecast on Thursday and urged policymakers to consider preparing a contingency plan in case the Ukraine crisis …
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FRANKFURT – Euro zone inflation is “very high” but the European Central Bank needs time to assess the net impact of higher energy prices on workers’ wage demands and costs …
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By Silke Koltrowitz GENEVA – Swiss watchmakers are gathering in Geneva this week for their first big industry event in three years, tackling the impact of sanctions on rich Russians …
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TOKYO – The Bank of Japan maintained its massive stimulus on Friday and warned of “very high uncertainty” over the economic fallout from the Ukraine crisis, signalling its resolve to …