By Koh Gui Qing NEW YORK (Reuters) -U.S. stocks fell on Monday and the Dow Jones Industrial Average snapped back from a record high, as worries about accelerating inflation dragged on shares and hobbled the dollar, which struggled at a...
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U.S. opens safety probe into 1.1 million Honda Accord vehicles
By David Shepardson WASHINGTON (Reuters) -The U.S. National Highway Traffic Safety Administration (NHTSA) said on Monday it was opening a formal safety probe into more than 1.1 million Honda Motor Co Ltd Accord vehicles over sudden loss...
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Malaysia sues Deutsche Bank, JP Morgan, Coutts over 1MDB
By Rozanna Latiff and Joseph Sipalan KUALA LUMPUR (Reuters) -Malaysia’s now-defunct 1MDB state fund is suing units of Deutsche Bank, J.P. Morgan and Coutts & Co to recover billions in alleged losses from a corruption scandal at...
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Jack Ma makes rare visit to Alibaba headquarters in Hangzhou
BEIJING (Reuters) – Alibaba founder Jack Ma, largely out of public view amid a regulatory clampdown on the group, made a rare visit to its Hangzhou campus on Monday during the e-commerce giant’s annual “Ali Day”...
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Cathay Pacific raises $650 million in first U.S. dollar bond in 25 years
By Scott Murdoch HONG KONG (Reuters) – Hong Kong’s Cathay Pacific has raised $650 million in its first U.S. dollar bond in 25 years, a term sheet seen by Reuters showed on Monday. The deal consisted of 5.25-year senior...
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Malaysia sues Deutsche Bank, JP Morgan, Coutts over 1MDB
(Removes extraneous word “seeks” in headline) KUALA LUMPUR (Reuters) – Malaysia 1MDB fund is suing units of Deutsche Bank and J.P. Morgan, and Coutts & Co Ltd to recover billions in alleged losses from a corruption...
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