(Reuters) – China’s major state-owned banks were heavy sellers of dollars on Wednesday, three people with direct knowledge of their activity said, steadying the yuan as it came under pressure …
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(Reuters) -Universal Music Group (UMG) will cease licensing its content to TikTok and TikTok Music services, as the music label said on Tuesday that its agreement with the social media …
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Taiwan angered at ‘unilateral’ China change to Taiwan Strait flight path
by Reutersby ReutersBy Ben Blanchard TAIPEI (Reuters) -Taiwan’s government expressed anger after China “unilaterally” changed a flight path close to the sensitive median line in the Taiwan Strait, saying it appeared to …
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By David Milliken LONDON (Reuters) -British house prices rose this month more than economists had expected, adding to signs that the squeeze from high interest rates is beginning to ease, …
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By Anton Bridge TOKYO (Reuters) – Japan Airlines’ incoming president Mitsuko Tottori joins a sparse cohort of female executives leading Japanese firms. While the number of all-male boards of directors …
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Japan Inc opens door to more women directors, but managers remain rare
by Reutersby ReutersBy Anton Bridge TOKYO (Reuters) – Mitsuko Tottori’s appointment as Japan Airlines’ next president makes her something of a rarity in Japan – a female head of a well known …
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Explorer may have found wreckage of Amelia Earhart’s plane in Pacific
by Reutersby ReutersBy Ashraf Fahim (Reuters) – A former U.S. Air Force intelligence officer says he believes he has found the wreckage of Amelia Earhart’s plane, which disappeared nine decades ago, on …
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By Jana Choukeir and Nadine Awadalla DUBAI (Reuters) -Yemen’s Iran-aligned Houthi group said on Wednesday it would keep up attacks on U.S. and British warships in the Red Sea in …
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US Representative Cori Bush says Justice Dept probing her security spending
by Reutersby ReutersWASHINGTON (Reuters) – Democratic U.S. Representative Cori Bush said on Tuesday the Justice Department is probing her campaign’s spending on security, adding that she is fully cooperating with the investigation. …
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At Japan Airlines, bankruptcy helped lay groundwork for first female boss
by Reutersby ReutersBy Maki Shiraki and Anton Bridge TOKYO (Reuters) – The seeds of former flight attendant Mitsuko Tottori’s rise to the top of Japan Airlines (JAL) were planted in the aftermath …
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NAIROBI (Reuters) – Germany’s Bayer will contract a third party to distribute its pharmaceutical products in four African markets including Kenya, it said, adding that the impact on jobs will …
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US needs to work with greater intensity in the Pacific – NZ foreign minister
by Reutersby Reuters(This Jan. 30 story has been refiled to remove an extraneous word in paragraph 1) By Lucy Craymer WELLINGTON (Reuters) – New Zealand will start talks on Wednesday with Australia …
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Analysis-Megacap stocks keep lifting US market, but worries over their dominance grow
by Reutersby ReutersBy Lewis Krauskopf NEW YORK (Reuters) – Earnings reports this week from five of the so-called Magnificent Seven stocks are putting a renewed focus on risks from the group’s outsize …
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Analysis-US bitcoin ETFs raise questions over broader financial system risks
by Reutersby ReutersBy Elizabeth Howcroft and Hannah Lang LONDON/WASHINGTON (Reuters) – The launch of U.S. exchange-traded funds (ETFs) tracking bitcoin deepens ties between the volatile world of cryptocurrencies and the traditional financial …
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Analysis-Euro area governments smash bond sale records in hefty funding year
by Reutersby ReutersBy Yoruk Bahceli and Harry Robertson AMSTERDAM (Reuters) – Euro zone governments sold a record amount of bonds directly to investors in January, seeing the highest demand ever, as hopes …
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Amer Sports’ China reliance weighs on 2024’s first big IPO -sources
by Reutersby ReutersBy Echo Wang NEW YORK (Reuters) – Amer Sports’ growing reliance on China for its revenue is weighing on the appetite of those considering buying into the sporting equipment maker’s …
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Singapore regulator begins in-depth review on Grab’s acquisition of Trans-cab
by Reutersby Reuters(Reuters) – The Competition and Consumer Commission of Singapore (CCCS) on Wednesday said it has commenced an in-depth review of the proposed acquisition of Trans-cab, Singapore’s third-largest taxi operator, by …
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A look at the day ahead in European and global markets from Rae Wee Signs of a hawkish tilt by the Bank of Japan prodded a bit of life out …
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Evergrande’s bond holders could wait years for little payout – ratings agency
by Reutersby ReutersBy Scott Murdoch SYDNEY (Reuters) – China Evergrande’s offshore dollar bondholders stand to receive a potentially tiny payout in a complicated process that could take years to play out after …
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BEIJING (Reuters) – Two of China’s major cities, Suzhou and Shanghai, followed Guangzhou in easing home-buying restrictions, in an effort to boost property sales as persistent weakness in confidence delays …
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Exclusive-US disabled Chinese hacking network targeting critical infrastructure, sources say
by Reutersby ReutersBy Christopher Bing and Karen Freifeld (Reuters) -The U.S. government in recent months launched an operation to fight a pervasive Chinese hacking operation that successfully compromised thousands of internet-connected devices, …
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BOJ made hawkish tilt in January, debated stimulus exit scenarios – summary
by Reutersby ReutersBy Leika Kihara TOKYO (Reuters) -Bank of Japan policymakers discussed in January the likelihood of a near-term exit from negative interest rates and possible scenarios for phasing out the bank’s …
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By Aftab Ahmed, Saurabh Sharma and Jatindra Dash BAHBOLIYA MAHADA, India, (Reuters) – Jakir Khan, an Indian farm worker, says he has cut down on food as his income has …
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IMF sees scope for Asia to cut rates, urges clarity in China’s property fixes
by Reutersby ReutersBy Leika Kihara TOKYO (Reuters) – Asian central banks may see scope to loosen monetary policy later this year as inflation moderates, the International Monetary Fund said on Wednesday and …
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Byron Allen submits $30 billion offer for Paramount Global, including debt
by Reutersby Reuters(Reuters) – Media entrepreneur Byron Allen has submitted a $30 billion offer for Paramount Global, including debt and equity, Allen Media Group said in an emailed statement to Reuters on …