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Stocks make a recovery attempt, trapped by the weakening of the global economy

China’s economy slowed sharply in the second quarter US yields, the dollar fell after the statements of Federal Reserve officials European markets are more stable, focusing on the political crisis in Italy LONDON (Reuters) – Global stocks tried to rally on Friday after four days of losses caused by mounting fears of an economic slowdown, …

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China’s GDP growth in the second quarter saw a drop to 1% due to the outbreak of the Corona virus, and 2022 growth at 4%

China’s GDP for the second quarter saw 1.0% growth year on year, versus 4.8% in the first quarter China 2022 growth at 4.0%, 2023 growth at 5.3% Inflation saw 2.3% in 2022 and 2023 C.bank saw LPR cut by 10 basis points in Q3 2022 BEIJING (Reuters) – China’s economic growth likely slowed sharply in …

China’s GDP growth in the second quarter saw a drop to 1% due to the outbreak of the Corona virus, and 2022 growth at 4% Read More »

G20 chairs Indonesia to push for peace with Ukraine, visits Russia

Indonesian President Joko Widodo listens as US Vice President Kamala Harris speaks during an event with leaders of the Association of Southeast Asian Nations (ASEAN) as part of the special US-ASEAN summit, in Washington, US, May 13, 2022. REUTERS/Elizabeth Frantz Register now to get free unlimited access to Reuters.com Register JAKARTA (Reuters) – Indonesia’s President …

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Desperate Chinese real estate developer ready to ‘swap wheat for home’

Screenshot of an ad from Central China Real Estate offering to allow buyers to use garlic crops for down payment on a property Register now to get free unlimited access to Reuters.com Register HONG KONG (Reuters) – A desperate developer in China’s battered property market is coming up with a new promotion to lure buyers …

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Asian stocks turned lower, without averting recession risks

People pass an electronic screen displaying Japan’s Nikkei stock price index inside a conference hall in Tokyo, Japan, June 14, 2022. REUTERS/Issei Kato Register now to get free unlimited access to Reuters.com Register Asian stock markets: S&P futures lose early gains, Nikkei falls more than 1% The Fed Chairman is expected to give a hawkish …

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US rolls back tariffs on China, possible halt to federal gas tax to curb inflation

US Treasury Secretary Janet Yellen testifies before a Senate Finance Committee hearing on President Biden’s 2023 budget, on Capitol Hill in Washington, US, June 7, 2022. REUTERS/Evelyn Hochstein Register now to get free unlimited access to Reuters.com Register The administration of President Joe Biden is reviewing the removal of some tariffs on China and a …

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China likely to keep benchmark lending rates unchanged amid global central bank tightening

A picture of the headquarters of the People’s Bank of China (PBOC), the central bank, in Beijing, China on September 28, 2018. REUTERS/Jason Lee Register now to get free unlimited access to Reuters.com Register SHANGHAI (Reuters) – Nearly 90 percent of traders and analysts polled by Reuters expected China to keep benchmark interest rates unchanged …

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New Hong Kong government retains chief financial officer in sign of continuity

HONG KONG (Reuters) – China on Sunday unveiled new senior officials in Hong Kong under new leader John Lee who vowed to take the global financial hub to new heights, while ignoring concerns about US sanctions. . In a sign of the continuity of the financial industry, which has monitored the appointment closely, Treasury Secretary …

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