TOKYO (Reuters) – Japan’s factory activity contracted for a fifth straight month in October, a survey showed on Wednesday, as subdued demand and inflationary pressures squeezed businesses. The final au …
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SHANGHAI (Reuters) – Overnight borrowing costs for some Chinese financial institutions jumped to as high as 50% on Tuesday, as a month-end scramble for cash squeezed liquidity and stressed money …
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By Manya Saini and Niket Nishant (Reuters) – U.S. mid-sized banks will likely need to shell out more to retain deposits in the next few months, a move that could …
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ROCKLAND COUNTY , NY – Rockland County authorities have revealed a concerning situation where 31 migrants, who had arrived from Ecuador and Guatemala, were discovered residing in tightly packed and …
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TOKYO (Reuters) – Japan’s factory activity shrank for a third straight month in August, a survey showed on Friday, as manufacturers were squeezed by cost pressures from raw material inflation …
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By Tom Westbrook and Dhara Ranasinghe SINGAPORE/LONDON (Reuters) – Investors looking for clues about the state of China’s economy beyond official data are seeing red warnings flash across a range …
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By Arshreet Singh (Reuters) – Major North American copper miners are likely to report a fall in second-quarter profits, as global growth concerns dented realized prices for the red metal …
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BEIJING (Reuters) – Several small and mid-sized banks in China have lowered their deposit interest rates, a move that could help ease costs as loan growth faces more pressure amid …
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By Isla Binnie and David French NEW YORK/HOUSTON (Reuters) – Corporations and investors have been pouring money into renewable energy projects, seeing an opportunity to grasp the Holy Grail of …
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By Clara Denina and Helen Reid JOHANNESBURG (Reuters) – High costs and the prospect of shrinking earnings have made big miners nervous about expansion, even as shareholders demand investment in …
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By Richa Naidu LONDON (Reuters) – Unilever has raised prices faster than its biggest rivals P&G and Nestle since the middle of 2021, in a replay of its strategy during …
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By Patturaja Murugaboopathy and Gaurav Dogra (Reuters) – U.S. growth funds are experiencing massive outflows this year due to rising interest rates, with the Federal Reserve’s resolve to keep hiking …
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By Manoj Kumar AGRA, India – In his small shoe factory in the Indian city of Agra, Rajesh Kumar, his two brothers and three workers have been sitting idle for …
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By Andy Bruce LONDON – House price growth in Britain hit a new eight-month high in February as the housing market showed little sign of losing momentum amid a growing …
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By Edmund Blair and Laila Bassam BEIRUT – Lebanese school teacher Sara Wissam and her husband were comfortably off before a run on the local currency decimated the value of …
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By David Lawder WASHINGTON – Western sanctions are squeezing Belarus’ economy and limiting its financing options, International Monetary Fund staff said on Monday, recommending that Minsk cut fiscal expenditures to …
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By Asif Shahzad ISLAMABAD – When Pakistan’s annual inflation rate hit 11.5% in November, the statistics office put a number on a phenomenon that was already painfully clear to the …