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Taiwan, democracy, development are China’s ‘red lines’, Xi tells Biden By Reuters

Taiwan, democracy, development are China’s ‘red lines’, Xi tells Biden By Reuters

BEIJING (Reuters) – China’s President Xi Jinping told his U.S. counterpart Joe Biden that the issues of Taiwan, democracy, human rights and rights to development are “red lines” for China and not to be challenged,…

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TikTok parent ByteDance’s valuation hits $300 billion amid US ban uncertainty, WSJ reports By Reuters

TikTok parent ByteDance’s valuation hits $300 billion amid US ban uncertainty, WSJ reports By Reuters

(Reuters) – TikTok’s Chinese parent company ByteDance is valuing itself at about $300 billion after a recent buyback offer, the Wall Street Journal reported on Saturday, even as the tech giant’s popular TikTok app faces…

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Will the Fed factor in Trump’s fiscal policy plans at its December meeting? By Investing.com

Will the Fed factor in Trump’s fiscal policy plans at its December meeting? By Investing.com

Investing.com – At a press conference following the Federal Reserve’s decision to slash interest rates by 25 basis points last week, Chair Jerome Powell noted that the potential economic policies of the incoming Trump administration would…

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Dollar notches weekly gain as traders reassess rate cut expectations By Reuters

Dollar notches weekly gain as traders reassess rate cut expectations By Reuters

By Chibuike Oguh and Amanda Cooper NEW YORK/LONDON (Reuters) -The U.S. dollar was set for its biggest weekly gain in over a month on Friday, as markets reassessed expectations of future interest rate cuts and…

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Europe’s STOXX 600 opens lower as tech, healthcare shares drag By Reuters

Europe’s STOXX 600 opens lower as tech, healthcare shares drag By Reuters

(Reuters) – Europe’s opened lower on Friday, dragged by technology and healthcare stocks, keeping the index on track for its fourth successive weekly drop. The pan-European STOXX 600 benchmark index slipped 0.9%, as of 0811…

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Powell says no need for Fed to rush rate cuts given strong economy By Reuters

Powell says no need for Fed to rush rate cuts given strong economy By Reuters

By Ann Saphir and Howard Schneider DALLAS (Reuters) – Ongoing economic growth, a solid job market, and inflation that remains above the 2% target means the U.S. central bank does not need to rush to…

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Climate talks urged to find $1 trillion a year for poorer countries By Reuters

Climate talks urged to find $1 trillion a year for poorer countries By Reuters

By Kate Abnett, Olesya Astakhova, Virginia Furness and Simon Jessop BAKU (Reuters) – Pay now to help poorer countries cope with climate change or pay more later, negotiators were warned on Thursday as experts said…

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Brazil’s Finance Minister signals uncertainty over fiscal package announcement this week By Reuters

Brazil’s Finance Minister signals uncertainty over fiscal package announcement this week By Reuters

BRASILIA (Reuters) – Brazil’s Finance Minister Fernando Haddad said on Wednesday he is uncertain whether there is enough time to announce a spending containment package this week, adding that it will be released once President…

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European shares open marginally lower on tech drag By Reuters

European shares open marginally lower on tech drag By Reuters

(Reuters) – European shares opened slightly lower on Wednesday, mainly dragged by technology stocks, while investors focussed on a key U.S. inflation print due later in the day that could alter market expectations on the…

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US banks saw weaker loan demand in the third quarter, Fed survey shows By Reuters

US banks saw weaker loan demand in the third quarter, Fed survey shows By Reuters

(Reuters) -U.S. banks saw weaker demand for a key category of business loans during the third quarter, while the demand picture for consumer credit card and auto loans also softened, according to a Federal Reserve…

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