By Sruthi Shankar (Reuters) – European shares slipped on Wednesday as concerns about whether the United States can avoid a debt default, as well as a slew of downbeat corporate updates weighed o[...]
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May 17, 2023
ECB looks for new top supervisor to succeed Enria
FRANKFURT (Reuters) – The European Central Bank said on Wednesday it is looking for a new top bank supervisor to succeed Andrea Enria when his term runs out at the end of the year. Candidates to[...]
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Japan emerges from recession on post-COVID consumer rebound
By Tetsushi Kajimoto and Leika Kihara TOKYO (Reuters) – Japan’s economy emerged from recession and grew faster than expected in the first quarter as a post-COVID consumption rebound offset[...]
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China’s home prices rise at slower pace as demand ebbs
BEIJING (Reuters) – China’s new home prices rose for the fourth straight month in April but at a slower pace, heightening fears that pent-up demand after the country’s economic reope[...]
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Marketmind: Are we there yet? Market holds breath for debt ceiling deal
A look at the day ahead in European and global markets from Ankur Banerjee Nervousness in the market over the looming U.S. debt ceiling deadline prevailed through the Asian hours and will remain the m[...]
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Australia wage growth hits decade-high, quarterly gains miss forecasts
SYDNEY (Reuters) -Australian wages grew at the fastest annual pace in a decade last quarter, although quarterly gains missed forecasts, in a result that offers some temporary solace for policymakers w[...]
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Singapore’s April exports fall 9.8% y/y, steeper than forecast
SINGAPORE (Reuters) -Singapore’s non-oil domestic exports fell 9.8% in April from the same month a year earlier, data on Wednesday showed, weighed down by declines in both electronic and non-ele[...]
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Biden, McCarthy hopeful on debt ceiling deal, US president cuts Asia trip short
By Nandita Bose and David Morgan WASHINGTON (Reuters) -Democratic President Joe Biden and top congressional Republican Kevin McCarthy edged closer to a deal to avoid a looming U.S. debt default Tuesda[...]
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Wall Street closes lower after Home Depot outlook, US retail sales
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stock indexes closed lower on Tuesday after a disappointing forecast from Home Depot and U.S. retail sales data for April pointed to softer consume[...]
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