Trouble in China’s shopping paradise as Hainan duty-free spending tumbles
BEIJING (Reuters) -Duty-free spending slumped 29.3% last year in China’s island province of Hainan, where global luxury players ..
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Morning Bid: As stocks waver, dollar remains the surest bet
While stock markets shrugged off the dim start to 2025, the higher-for-longer U.S. rates theme has left the dollar’s dominance i..
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World food price index eases in Dec, pushed lower by sugar
ROME (Reuters) – The United Nations’ world food price index dipped in December against November levels, led lower by a dro..
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China will sharply increase funding from treasury bonds to spur growth in 2025
BEIJING (Reuters) – China will sharply increase funding from ultra-long treasury bonds in 2025 to spur business investment a..
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Asian stocks rise, dollar at two-year high as US rates, Trump in focus
SINGAPORE (Reuters) – Asian stocks rose on Friday, aiming to shrug off a lacklustre start to 2025, while the dollar was perc..
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Dollar headed for best week since November on US rates, economic outlook
SINGAPORE (Reuters) – The dollar was on track for its best weekly performance in over a month on Friday, underpinned by expe..
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Stocks end strong year with a whimper as yields apply pressure
NEW YORK (Reuters) -Global stocks declined on Tuesday as elevated U.S. Treasury yields again contributed to a lackluster close in an o..
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BMW, Yamaha Motor back US rare earths startup Phoenix Tailings
(Reuters) – BMW and Yamaha Motor have invested in U.S.-based rare earths processing startup Phoenix Tailings, the latest mov..
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Macron acknowledges error on early elections in New Year’s speech
PARIS (Reuters) -French President Emmanuel Macron said on Tuesday he recognised that his decision to call early parliamentary election..
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Swiss central bank faces call to hold bitcoin in reserves
ZURICH (Reuters) – A proposal to oblige the Swiss National Bank (SNB) to hold bitcoin was set in motion in an initiative pub..
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