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Asia shares creep higher, wary on Fed and BOJ outlooks

Asia shares creep higher, wary on Fed and BOJ outlooks

By Wayne Cole SYDNEY (Reuters) – Asian shares edged up on Monday as a U.S. holiday made for slow trading ahead of minutes of the..

Aussie supermarkets set to capitalise on high inflation, but softer demand ahead

Aussie supermarkets set to capitalise on high inflation, but softer demand ahead

By Harshita Swaminathan (Reuters) – Australian supermarkets will reap bigger profits in fiscal 2023 half-year due to decades-hig..

Dollar buoyant as robust U.S. data keep Fed hawks in control

Dollar buoyant as robust U.S. data keep Fed hawks in control

By Rae Wee SINGAPORE (Reuters) – The dollar was on the front foot on Monday, supported by a strong run of economic data out of t..

Shares fall with oil prices amid concerns about U.S. Fed rate hikes

Shares fall with oil prices amid concerns about U.S. Fed rate hikes

By Sinéad Carew NEW YORK (Reuters) – Stock markets around the globe fell on Friday and oil prices settled lower after U.S. econo..

Hawkish ECB comments push up rate-hike expectations

Hawkish ECB comments push up rate-hike expectations

By Leigh Thomas and Francesco Canepa PARIS/FRANKFURT (Reuters) – European Central Bank interest rates still have some way to ris..

Exclusive-Microsoft’s Bing plans AI ads in early pitch to advertisers

Exclusive-Microsoft’s Bing plans AI ads in early pitch to advertisers

By Sheila Dang (Reuters) – Microsoft has started discussing with ad agencies how it plans to make money from its revamped Bing s..

Exclusive-Crypto giant Binance moved $400 million from U.S. partner to firm managed by CEO Zhao

Exclusive-Crypto giant Binance moved $400 million from U.S. partner to firm managed by CEO Zhao

By Angus Berwick and Tom Wilson (Reuters) – Global cryptocurrency exchange Binance had secret access to a bank account belonging..

G20 watchdog homes in on decentralised finance after FTX crash

G20 watchdog homes in on decentralised finance after FTX crash

By Huw Jones LONDON (Reuters) – The G20’s Financial Stability Board (FSB) said on Thursday it would take steps to tackle &..

Mercedes-Benz to buy back up to 4 billion euros in shares by 2025

Mercedes-Benz to buy back up to 4 billion euros in shares by 2025

BERLIN (Reuters) -Mercedes Benz said on Thursday it plans to buy back up to 4 billion euros ($4.28 billion) of its shares over two yea..

Gucci banks on private ‘salons’ for the ultra-rich to revive sales

Gucci banks on private ‘salons’ for the ultra-rich to revive sales

By Mimosa Spencer PARIS (Reuters) – Gucci is banking on new ultra-high-end “salons” offering merchandise priced at u..