By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Wall Street slumped on Monday, battered by the old ‘good news is bad news’ adage following[...]
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December 5, 2022
Shares, bond prices fall as U.S. data sparks rate hike concerns
By Herbert Lash and Elizabeth Howcroft NEW YORK/LONDON (Reuters) -Global stocks and Treasury prices fell on Monday as new evidence of a strong U.S. economy raised fears that interest rates will stay h[...]
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Tax credits for EU electric vehicles to dominate U.S. trade talks
By Andrea Shalal and David Lawder COLLEGE PARK, Md. (Reuters) -The European Union’s top trade official on Monday called for urgent steps before the end of the year to modify a U.S. climate law t[...]
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Dollar gains broadly as upbeat U.S. data muddles Fed rate hike views
By John McCrank NEW YORK (Reuters) – The dollar gained against the yen, the euro and the pound on Monday after data showed that U.S. services industry activity unexpectedly picked up in November[...]
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Explainer-What’s the latest on Biden’s U.S. student loan forgiveness?
(Reuters) – U.S. President Joe Biden’s plan to forgive federal student loans, first announced in August, has been blocked by two legal challenges, clouding the financial future for million[...]
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Oil falls nearly 3% after data raises Fed interest rate worries
By Stephanie Kelly NEW YORK (Reuters) – Oil prices fell nearly 3% on Monday, following U.S. stock markets lower, after U.S. service sector data raised worries that the Federal Reserve could cont[...]
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Factbox-How governments are trying to ease inflation pain
(Reuters) – Pandemic-related disruptions to global supply chains and the knock-on effects of Russia’s war in Ukraine have driven up prices of energy, commodities and necessities. Here[...]
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Ontario education workers accept labour contract with province
By Anna Mehler Paperny TORONTO (Reuters) -Education workers in Ontario, Canada’s most populous province, have voted to accept a labour deal with the provincial government, union representatives[...]
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European shares slip on recession fears, China optimism limits losses
By Amruta Khandekar and Bansari Mayur Kamdar (Reuters) -European shares slipped on Monday after data showing a decline in euro zone business activity fanned recession fears, while hopes of easing of s[...]
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