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A man walks past the new logo of the Bombay Stock Exchange (BSE) building in Mumbai, India, July 12, 2023. REUTERS/Francis Mascarenhas Acquire Licensing Rights BENGALURU, Nov 22 (Reuters) – India’s stock market will hit new highs in the next six months and rise over 10% from here by end-2024, driven by a sustained expansion … Read more
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A trader works on the floor of the New York Stock Exchange shortly before the closing bell as the market takes a significant dip in New York, U.S., February 25, 2020. REUTERS/Lucas Jackson/File Photo Acquire Licensing Rights A look at the day ahead in U.S. and global markets from Mike Dolan The mercurial world of … Read more
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WASHINGTON, Nov 21 (Reuters) – U.S. Federal Reserve officials agreed at their last policy meeting that they would proceed “carefully” and only raise interest rates if progress in controlling inflation faltered, the minutes of the Oct. 31-Nov. 1 gathering showed on Tuesday. “All participants agreed that the Committee was in a position to proceed carefully,” … Read more
Argentina domestic markets re-open after Monday bank holiday International bonds, US-listed stocks surged in post election rally U.S.-premarket indications point to more equities gains LONDON, Nov 21 (Reuters) – Investors were buckling up on Tuesday as Argentina’s local markets prepared to reopen after the weekend’s presidential election win of radical libertarian outsider Javier Milei. Argentina’s … Read more
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SHANGHAI/SINGAPORE, Nov 17 (Reuters) – Global companies are making a beeline for China’s debt markets, issuing record amounts of yuan-denominated bonds and borrowing heavily from mainland banks, capitalising on rock-bottom yuan interest rates as funding costs elsewhere jump. Companies and banks are raising record amounts of cash through yuan bonds issued in mainland China and … Read more
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Federal Reserve Vice Chair Philip Jefferson speaks at a conference of the National Association for Business Economics in Dallas, Texas, U.S., October 9, 2023. REUTERS/Ann Saphir/File Photo Acquire Licensing Rights NEW YORK, Nov 16 (Reuters) – The three newest Federal Reserve governors, including Vice Chair Philip Jefferson, have told a U.S. senator it’s unclear how … Read more
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Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 26, 2023. REUTERS/Brendan McDermid Acquire Licensing Rights Futures: Dow and S&P flat, Nasdaq down 0.13% Nov 16 (Reuters) – U.S. stock index futures were subdued on Thursday as optimism around a pause in interest rate hikes waned, … Read more
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A trader works on the floor of the New York Stock Exchange shortly before the closing bell as the market takes a significant dip in New York, U.S., February 25, 2020. REUTERS/Lucas Jackson/File Photo Acquire Licensing Rights A look at the day ahead in U.S. and global markets from Mike Dolan If investors were wondering … Read more
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TOKYO/BEIJING, Nov 14 (Reuters) – If Japanese Prime Minister Fumio Kishida meets Chinese President Xi Jinping for the first time in a year later this week, he will likely raise the case of a detained company executive that has dealt an outsized blow to their close economic ties. The employee of drugmaker Astellas Pharma (4503.T), … Read more
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ANKARA, Nov 10 (Reuters) – Turkish President Tayyip Erdogan waded into a brewing judicial crisis on Friday, calling for a new constitution to resolve an unprecedented clash between two of the country’s top courts, as opponents marched in Ankara. The comments stoked a debate over the rule of law that erupted on Wednesday when the … Read more