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Emerging economies face $220 billion in budget cuts amid debt crisis -Oxfam
LONDON (Reuters) - Some of the world's poorest countries face budget cuts topping $220 billion over the coming five years due to a debt crisis that has pushed dozens to the brink of default, according...
Syndicated Content Oct 08, 2023
Japan likely won’t intervene to reverse yen downtrend – ex-top FX diplomat
By Leika Kihara TOKYO (Reuters) - Japan likely won't seek to reverse the yen's downtrend with exchange-rate intervention as recent falls reflect economic fundamentals, former top currency diplomat Nao...
Syndicated Content Oct 08, 2023
Oil prices jump as Middle East violence roils markets
By Andrew Hayley BEIJING (Reuters) - Oil prices jumped more than $3 a barrel in early Asian trade on Monday, as dramatic military clashes between Israeli and Hamas forces over the weekend deepened pol...
Syndicated Content Oct 08, 2023
Australia’s EcoGraf considers battery anode material facility development in Vietnam
(Reuters) - Australia's EcoGraf said on Monday it would evaluate prospects of developing a battery anode material (BAM) facility in Vietnam in collaboration with local lithium-ion battery manufacturer...
Syndicated Content Oct 08, 2023
U.S. stocks slip, oil surges on Middle East violence
By Wayne Cole SYDNEY (Reuters) - U.S. stock futures slipped in Asia on Monday as the military conflict in the Middle East boosted oil and Treasuries, while the sizzling September U.S. jobs report rais...
Syndicated Content Oct 08, 2023
Billionaire Schaeffler family mulls Vitesco buyout -Bloomberg News
(Reuters) - Germany's billionaire Schaeffler family is considering a buyout of Vitesco Technologies Group to boost their presence in the electric vehicle supply chain, Bloomberg News reported on Sunda...
Syndicated Content Oct 08, 2023
Japan issues tsunami advisory for Izu, Ogasawara Islands area
TOKYO (Reuters) - Japan issued a tsunami advisory for the Izu, Ogasawara island areas in the eastern part of the country on Monday. The tsunami is believed to have already arrived in the island areas,...
Syndicated Content Oct 08, 2023
Embattled Metro Bank secures capital, Colombian billionaire Gilinski to take control
By Iain Withers and Anousha Sakoui LONDON (Reuters) -Embattled British bank Metro announced a 325 million pound ($396.5 million) capital raise and 600 million pound debt refinancing on Sunday, after a...
Syndicated Content Oct 08, 2023
Bristol-Myers Squibb to acquire Mirati in a $4.8 billion deal
(Reuters) - Bristol-Myers Squibb is set to acquire cancer drugmaker Mirati Therapeutics for $58 per share in cash, representing $4.8 billion equity value. Bristol-Myers Squibb will finance the transac...
Syndicated Content Oct 08, 2023
Marketmind: Watch safe-havens, oil
By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian markets on Monday will have their first opportunity to react to Friday's ...
Syndicated Content Oct 08, 2023
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