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August 14, 2023
China stats bureau sees no deflation risks, plays down property woes
BEIJING (Reuters) – There is no deflation in China and there will be no deflation in the future, a spokesman…
China’s property investment slides for 17th month in July
BEIJING (Reuters) -China’s property investment extended its fall for the 17th consecutive month in July, and home sales slumped, official…
Philippine central bank to hold rates at 6.25%, cut in Q1 2024: Reuters poll
By Veronica Dudei Maia Khongwir BENGALURU (Reuters) – The Philippine central bank will leave its key interest rate unchanged at…
China central bank unexpectedly cuts rates to support sputtering economy
SHANGHAI/SINGAPORE (Reuters) – China’s central bank unexpectedly cut key policy rates for the second time in three months on Tuesday,…
Shares of China’s Country Garden rise more than 7% in early trade
HONG KONG (Reuters) – Shares of Country Garden rose more than 7% on Tuesday, recovering some ground after the stock…
Aussie lender NAB’s Q3 margins decline; shares up on cash earnings beat
By Archishma Iyer (Reuters) -National Australia Bank said on Tuesday third-quarter margins declined due to increased home lending competition and…
Treasury Wine sees improved outlook for luxury wine as profit falls
By Nausheen Thusoo (Reuters) – Australia’s Treasury Wine Estates said on Tuesday it was well positioned to deliver growth in…
Biden administration tells US Supreme Court to review social media laws
By Andrew Chung (Reuters) – President Joe Biden’s administration urged the U.S. Supreme Court to take up a dispute over…
Dollar hits highest in more than a month on China economy concerns
By Hannah Lang WASHINGTON (Reuters) – The U.S. dollar hit more than a one-month high on Monday as investors sought…
Hollywood studios offer new concessions to striking screenwriters – Bloomberg News
(Reuters) -Hollywood studios have made a new offer to striking screenwriters that includes concessions on issues such as the use…