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Dollar set for big annual gain as traders brace for high US rates By Reuters

Dollar set for big annual gain as traders brace for high US rates By Reuters

By Naomi Rovnick and Ankur Banerjee LONDON, SINGAPORE (Reuters) -The U.S. dollar headed towards an almost 7% annual gain on Friday and Japan’s yen for a fourth consecutive year of losses as traders anticipated robust…

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US stocks tread water in thin trade, benchmark US yield ekes out new high By Reuters

US stocks tread water in thin trade, benchmark US yield ekes out new high By Reuters

By Stephen Culp and Alden Bentley NEW YORK (Reuters) -Wall Street indexes were mixed on Thursday and U.S. benchmark Treasury yields were hardly changed on the day after scaling the highest levels since May in…

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China revises up 2023 GDP to $17.73 trln, rules out impact on 2024 figure By Reuters

China revises up 2023 GDP to $17.73 trln, rules out impact on 2024 figure By Reuters

BEIJING (Reuters) – China revised upwards its 2023 gross domestic product (GDP) by 2.7% to 129.4 trillion yuan ($17.73 trillion), a top statistics official said on Thursday, while releasing the fifth national economic census. Policy…

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Russia’s inflation reaches 9.5% this year, weekly data shows By Reuters

Russia’s inflation reaches 9.5% this year, weekly data shows By Reuters

MOSCOW (Reuters) – Russia’s inflation has reached 9.5% this year, according to new weekly data showing that the consumer price index rose by 0.33% in the week leading up to Dec. 23, the statistical agency…

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Japan’s budget to hit record, but with reduced new bond issuance, draft shows By Reuters

Japan’s budget to hit record, but with reduced new bond issuance, draft shows By Reuters

By Takaya Yamaguchi TOKYO (Reuters) -Japan’s government is set to compile a record $735 billion budget for the fiscal year from April due to larger social security and debt-servicing costs, adding to the industrial world’s…

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Colombia minimum wage to increase 9.54% to $323 per month in 2025 By Reuters

Colombia minimum wage to increase 9.54% to $323 per month in 2025 By Reuters

BOGOTA (Reuters) -Colombia’s minimum wage will increase by 9.54% in 2025, Colombia’s President Gustavo Petro said on Tuesday, announcing the hike by decree after a deal was not reached between the government, business associations and…

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Thai government plans slightly higher spending in 2025-2026 fiscal year By Reuters

Thai government plans slightly higher spending in 2025-2026 fiscal year By Reuters

BANGKOK (Reuters) – Thailand is planning a small rise in spending of 3.78 trillion baht ($110.7 billion) for the 2026 fiscal year and a slightly lower deficit of 860 billion that year, the government said…

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Fed announces major changes to bank stress tests in light of legal rulings By Reuters

Fed announces major changes to bank stress tests in light of legal rulings By Reuters

By Pete Schroeder WASHINGTON (Reuters) -The U.S. Federal Reserve said on Monday it was considering major changes to its annual bank “stress tests” in light of recent legal developments, including allowing lenders to provide comment…

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Chinese media hail consumption boost even as caution spurs rentals, not buying By Reuters

Chinese media hail consumption boost even as caution spurs rentals, not buying By Reuters

BEIJING (Reuters) – China’s domestic demand is gathering pace as cautious consumers increasingly choose to rent items from cameras to handbags rather than buying them, the official People’s Daily said, though government data tell a…

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Singapore Post fires CEO over handling of whistleblower report By Reuters

Singapore Post fires CEO over handling of whistleblower report By Reuters

(Reuters) -Singapore Post said on Sunday it had dismissed its chief executive and two other senior managers after an internal investigation found they had mishandled whistleblower allegations about misconduct by company employees. The alleged misconduct…

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