Asia / Pacific

EMERGING MARKETS-Philippine stocks fall as vaccine, economic recovery hopes ebb

in.reuters.com | The Philippine financial system, considered one of Asia's fastest-growing earlier than the pandemic, continues to be anticipated to rebound strongly over the following two years and up to date …

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EXCLUSIVE-China comfortable with yuan rises for now as economy recovers, sources say

in.reuters.com | “Yuan appreciation is supported by China's financial fundamentals,” stated Yu Yongding, an influential authorities economist who beforehand suggested …

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Australian shares rise on US stimulus hopes, post fifth straight weekly gain |

in.reuters.com | … * Gold, healthcare shares restrict good points on ASX. * Aussie shares up 0.5% for the week. * NZ benchmark down for fourth straight session (Updates to shut). Dec 4 (Reuters) – Australian shares ended at a greater than one-week excessive on Friday, pushed by good points in …

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ANALYSIS-Is a post-COVID currency war coming? | Reuters

Monetary markets’ euphoric response to the latest COVID-19 vaccine breakthroughs and U.S. election outcomes is pushing some currencies up so quick that rumblings have begun a few potential new FX warfare.

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GLOBAL MARKETS-Asian shares vault to record high as US stimulus seen within reach

in.reuters.com | … * Ex-Japan Asia shares rises above Nov peak. * U.S. inventory futures up, rebounding after Pfizer report hit. * Euro, rising market currencies at …

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Trump administration adds China’s SMIC and CNOOC to Defense blacklist | Alexandra Alper

uk.reuters.com | WASHINGTON (Reuters) – The Trump administration on Thursday added China’s high chipmaker, SMIC, and oil large CNOOC to a blacklist of alleged Chinese language navy corporations, a transfer more likely to escalate tensions with Beijing earlier than President-elect Joe Biden …

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UPDATE 1-US in talks with Huawei CFO Meng on resolving criminal charges – source |

in.reuters.com | (Adjustments supply, provides particulars from the journal report, background). Dec 3 (Reuters) – The U.S. Justice Division is discussing a cope with Huawei’s finance chief, Meng Wanzhou, that might enable her to return to China from Canada, in change for …

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Philippine jobless rate eases as economy reopens from lockdown

in.reuters.com | The Southeast Asian nation, which was one of many area's quickest rising economies earlier than the pandemic, continues to be struggling to comprise COVID-19 …

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Dollar plumbs two-year lows; Aussie and Kiwi stabilise | Reuters

The greenback index hit its lowest in additional than two years on Thursday, whereas the euro held above $1.21, as indicators of progress in direction of U.S. fiscal stimulus and optimism about COVID-19 vaccines stored buyers upbeat even because the fairness rally paused.

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Breakingviews – Daimler could be Elon Musk's Time Warner | Christopher Thompson

Electrical-car maker Tesla is value an eye-popping $540 billion regardless of a puny 0.8% international market share. It is a chance for boss Elon Musk to make use of the corporate’s hyped-up inventory to merge with an old-line enterprise, simply as AOL did with media titan Time Warner 20 years in the past…

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