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ECB to reassure EU leaders on bank stability, call for EU deposit insurance
By Jan Strupczewski BRUSSELS (Reuters) - The European Central Bank is likely to reassure European Union leaders on Friday that euro zone banks are safe after market turbulence caused by Swiss and U.S....
Syndicated Content Mar 23, 2023
Huawei makes breakthrough in design tools for 14nm chips – media
SHENZHEN, China - Huawei Technologies Co Ltd has made breakthroughs in electronic design automation (EDA) tools for chips employing 14 nanometres-plus technology, Caijing financial news magazine repor...
Syndicated Content Mar 23, 2023
U.S. due diligence firm Mintz Group’s Beijing office raided, five staff detained -source
By Michael Martina WASHINGTON (Reuters) - U.S. corporate due diligence firm Mintz Group's Beijing office was raided by authorities and five Chinese staff were detained, a source with the company told ...
Syndicated Content Mar 23, 2023
Asian shares falter on banking concerns, bonds bet on last rate hikes
By Stella Qiu SYDNEY (Reuters) - Asian shares were lower on Friday as lingering banking stability concerns gripped Wall Street, while bonds bet the recent slew of rate hikes by central banks will be a...
Syndicated Content Mar 23, 2023
India current account deficit likely narrowed to 2.7% of GDP in Q4: Reuters poll
By Madhumita Gokhale BENGALURU (Reuters) - India's current account deficit is likely to have improved in the final quarter of 2022 from a nine-year high in July-September as the goods trade gap modera...
Syndicated Content Mar 23, 2023
Hong Kong on watch for any ‘spillover’ from US regional banks
HONG KONG (Reuters) - Hong Kong needs to watch carefully for any further "spillover" from U.S. regional banks, although the city has very little exposure to the situation in European and U.S. financia...
Syndicated Content Mar 23, 2023
Dollar steady after Fed’s rate pause hints, yen rises
By Ankur Banerjee SINGAPORE (Reuters) - The dollar was steady on Friday near seven-week lows as nervousness over the banking system kept investors skittish and traders absorbed the Federal Reserve's h...
Syndicated Content Mar 23, 2023
Los Angeles schools to reopen after three-day workers’ strike
By Jorge Garcia LOS ANGELES (Reuters) - School will be back in session on Friday for 420,000 Los Angeles students after a three-day strike by education workers disrupted classes and social services in...
Syndicated Content Mar 23, 2023
U.S. court upholds block on Biden’s vaccine order for federal workers
(Reuters) - A federal appeals court in New Orleans on Thursday upheld a judge's ruling blocking enforcement of President Joe Biden's 2021 executive order requiring all federal employees take a COVID-1...
Syndicated Content Mar 23, 2023
Oil falls as US holds off refilling strategic reserve
By Yuka Obayashi TOKYO (Reuters) - Oil prices fell on Friday, extending the previous day's losses, on worries about potential oversupply after U.S. Energy Secretary Jennifer Granholm said refilling th...
Syndicated Content Mar 23, 2023
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