By Liangping Gao, Ellen Zhang and Kevin Yao BEIJING (Reuters) – China is entering an era of much slower economic growth, raising a daunting prospect: it may never get rich. Whether the world[...]
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Asia
Australia central bank hit pause as policy clearly restrictive, risking growth
SYDNEY, July 18 (Reuters) – Australia’s central bank decided to keep interest rates steady this month as policy was clearly restrictive and there was a risk a squeeze on household finances[...]
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Marketmind: Global market outlook bright but China’s clouds darken
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Another day, another whoosh higher on Wall Street, but the double whammy[...]
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US stocks rise on earnings outlook, global shares dip on China data
By Herbert Lash NEW YORK (Reuters) -U.S. stocks rose on Monday on expectations corporate earnings will exceed forecasts, but global shares and the dollar traded little changed after data showed the Ch[...]
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Dollar decline slows as investors wait on Fed
By Karen Brettell NEW YORK (Reuters) – The dollar dipped against a basket of currencies on Monday after last week suffering its largest weekly decline this year as Treasury yields tumbled, but h[...]
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Russian inflation expectations jump to 11.1% with rate decision imminent
MOSCOW (Reuters) – Inflationary expectations for the year ahead among Russian households climbed to 11.1% in July from 10.2% in June, the central bank said on Monday, just days before it is wide[...]
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Turkey’s cenbank to deliver another substantial rate hike to 20%: Reuters Poll
By Ali Kucukgocmen ISTANBUL (Reuters) – Turkey’s central bank is expected to raise its policy rate by 500 basis points to 20% this week, a Reuters poll showed on Monday, making good on its[...]
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India needs to grow at 7.6% a year for 25 years to be a developed nation -cenbank bulletin
MUMBAI (Reuters) – India will need to grow at a rate of 7.6% annually for the next 25 years to become a developed nation, according to a research paper published by the central bank in its month[...]
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India’s fight against inflation far from over – RBI bulletin
By Swati Bhat and Siddhi Nayak MUMBAI (Reuters) – Food price spikes in India, typical at the onset of the monsoon, drove up headline inflation in June, corroborating the monetary policy committe[...]
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