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Macroeconomics
Nov 08, 2024
Fed's decision, TSMC sales, bitcoin - what's moving markets
Wall Street is seen edged higher Friday, continuing the post-election rally, helped by the Federal Reserve's decision to cut interest rates. Bitcoin trades just...
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Nov 08, 2024
Fed meeting summary: Wall Street reacts to a quarter-point rate cut
The Federal Reserve on Thursday reduced its benchmark interest rate by 25 basis points, as widely anticipated, moving it to a new range of 4.50% to 4.75%. This...
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Nov 08, 2024
US, UK and Sweden pile on rate cuts
By Alun John and Dhara Ranasinghe LONDON (Reuters) - The United States, Britain and Sweden all cut interest rates this week, even as Donald Trump's U.S. election win introduced a...
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Nov 08, 2024
Fed's Powell flags careful, patient approach after rate cut
By Howard Schneider and Ann Saphir WASHINGTON (Reuters) -The Federal Reserve cut interest rates by a quarter of a percentage point on Thursday as its policymakers began taking...
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Nov 08, 2024
Thailand to pursue new policies to boost and protect digital economy
BANGKOK (Reuters) - Thailand is pursuing new digital policies to handle emerging security threats including the impacts of U.S.-China rivalry on the economy and technology, its...
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Nov 08, 2024
Analysis-After Trump, German political crisis engulfs industry
By John O'Donnell, Tom Sims and Christoph Steitz FRANKFURT/BERLIN (Reuters) - A political crisis at home threatens further pain for Germany's car, banking and energy industries,...
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Nov 08, 2024
Japan's political kingmaker says Trump policies may weaken yen
TOKYO (Reuters) - U.S. President-elect Donald Trump's economic and policies could further weaken the yen's value against the U.S. dollar, the head of an opposition party that...
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Nov 08, 2024
Hong Kong central bank cuts interest rate after Fed move, banks follow
HONG KONG (Reuters) -The Hong Kong Monetary Authority (HKMA) on Friday cut by 25 basis points its base rate charged via the overnight discount window, to 5.0%, tracking a move by...
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Nov 08, 2024
Australian airports hit by outage at immigration counters
SYDNEY (Reuters) - A technical outage crippled all of Australia's major airports on Friday, leading to long queues at international terminals after the disruption of automated...
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Nov 07, 2024
South Korea to respond if market volatility heightens excessively, finance minister says
SEOUL (Reuters) - South Korea's finance minister said on Friday that authorities will respond in a timely manner if volatility heightens excessively in financial markets....
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