By Sujata Rao LONDON (Reuters) – The dollar slipped on Thursday off one-month highs reached after the Federal Reserve set the stage for interest rate hikes next year and a pick-up in global market sentiment encouraged traders to...
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Taiwan says ‘risk’ to its Trans-Pacific trade pact bid if China joins first
By Ben Blanchard and Yimou Lee TAIPEI (Reuters) -There is a “risk” to Taiwan’s application to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) if China joins first, Taiwan’s...
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Volkswagen building new EV battery system factory in China
BEIJING (Reuters) -Volkswagen AG said on Thursday it is building a new electric vehicle (EV) battery system factory in eastern China’s Hefei city which will start production in 2023. The German automaker is building a factory for...
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French business activity weaker than expected in September – flash PMI
PARIS (Reuters) – The rate of growth in French business slowed further in September and missed market forecasts, a monthly survey showed on Thursday, as concerns over supplies of key goods weighed on the euro zone’s...
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German economic recovery loses momentum in Sept – flash PMIs
BERLIN (Reuters) – Germany’s economic recovery from the COVID-19 pandemic lost momentum in September as activity in both the manufacturing and services sectors slowed amid supply bottlenecks and waning catch-up effects, a...
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Short bets on Asian currencies creep up on Fed taper outlook: Reuters poll
By Rushil Dutta (Reuters) – Bearish bets on most Asian currencies rose marginally in the run-up to a U.S. Federal Reserve meeting where it hinted at possible rate hikes next year, while bullish bets on the yuan reversed, according...
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