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Overly optimistic markets might be caught out by rate hikes, ECB’s Knot says
AMSTERDAM (Reuters) - Inflation expectations in financial markets seem overly optimistic, increasing the risk of renewed stress if monetary policy needs to be tightened for longer to tame inflation, D...
Syndicated Content Jun 07, 2023
Taiwan May exports drop again as China weighs; outlook stays dim
TAIPEI (Reuters) - Taiwan's exports fell for a ninth consecutive month in May, although meeting expectations, in a symptom of anaemic demand for the island's tech products from China and global market...
Syndicated Content Jun 07, 2023
UK set to have highest inflation among big economies in 2023-OECD
LONDON (Reuters) - Britain will have the highest inflation of any leading economy in 2023, according to forecasts from the Organisation for Economic Co-operation and Development which show Prime Minis...
Syndicated Content Jun 07, 2023
Pakistani budget caught between IMF expectations and election
By Ariba Shahid KARACHI, Pakistan (Reuters) - Pakistan's government will hope to find a balance between reforms to satisfy the International Monetary Fund and measures to win over voters in an imminen...
Syndicated Content Jun 07, 2023
France braces for power demand surge driven by EVs, alternative fuels
PARIS (Reuters) - Electric vehicles and other technology to cut emissions is likely to drive a surge in French power demand by 2035, meaning France will need to maintain its existing nuclear capacity,...
Syndicated Content Jun 07, 2023
Japan regulator exploring ways to bolster leveraged buyout financing
By Makiko Yamazaki and Ritsuko Shimizu TOKYO (Reuters) - Japan's financial regulator is exploring ways to bolster financing for leveraged buyouts (LBOs) and is in discussions with big banks and other ...
Syndicated Content Jun 07, 2023
China property liquidation risk heightened by delisting threat, says S&P
HONG KONG (Reuters) - Some of China's distressed property developers face the risk of being delisted, which would reduce their options for restructuring and make them more vulnerable to liquidation, S...
Syndicated Content Jun 07, 2023
UK to remove Chinese-made surveillance equipment from sensitive government sites
LONDON (Reuters) - Britain has committed to the removal of Chinese-made surveillance equipment from sensitive government sites as part of its latest plans to address national security concerns related...
Syndicated Content Jun 07, 2023
Eneco to build 50 MW battery storage plant in Belgium using Tesla batteries
AMSTERDAM (Reuters) - Dutch energy company Eneco said on Wednesday it would build a 50 megawatt (MW) battery energy storage project in Belgium using Tesla battery packs, its largest such project to da...
Syndicated Content Jun 07, 2023
Turkish lira down 7% in biggest selloff since 2021 crisis
By Huseyin Hayatsever and Nevzat Devranoglu ANKARA (Reuters) - Turkey's lira plunged 7% to a record low on Wednesday in its biggest daily selloff since a historic 2021 crash, as the newly-elected gove...
Syndicated Content Jun 07, 2023
Peoria, IL, USA
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