By David Brunnstrom, Michael Martina and Trevor Hunnicutt WASHINGTON (Reuters) – The administration of President Joe Biden has drawn Republican fire for its cautious response to nationwide protests in China …
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SHANGHAI (Reuters) – China is expected to keep benchmark lending rates unchanged for the third straight month on Monday, a Reuters survey showed, as policymakers remain reluctant to drive the …
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(Reuters) – Countries should avoid spending scarce foreign exchange reserves intervening to support currencies that are weakening as a result of economic fundamentals such as interest rate differentials, the International …
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SHANGHAI (Reuters) – China’s yuan is facing renewed downward pressure, dragged lower by a surging U.S. dollar, a hawkish Federal Reserve and widening monetary policy divergence between the world’s two …
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RONNA MCDANIEL: Biden’s Wretched Speech Against Republican Voters Reveals His One True Weakness Ronna McDaniel on September 7, 2022 In Joe Biden’s America, everything is more expensive, streets are less …
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WASHINGTON – U.S. construction spending tumbled in June as outlays on single-family homebuilding declined sharply amid rising mortgage rates. The Commerce Department said on Monday that construction spending dropped 1.1% …
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By Selena Li HONG KONG – Manulife Financial’s Asia unit is on track to account for half of the Canadian insurer’s core earnings by 2025 despite economic slowdowns and impact …
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By Kevin Buckland and Alun John TOKYO – A jump in the price of oil and a yawning gap between yields at home and those of U.S. bonds have left …
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By Davide Barbuscia NEW YORK – Investors are preparing for more downside in U.S. credit markets, as bets that the Federal Reserve will become more aggressive than previously expected threaten …
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LONDON – Global crude steel production gained 3.7% last year to 1.95 billion tonnes, World Steel Association data showed on Tuesday, despite weaker output in top producer China as an …