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Analysis: Russia's G7 oil price ceiling moves from revenue squeeze to market anchor

Analysis: Russia’s G7 oil price ceiling moves from revenue squeeze to market anchor

WASHINGTON, Dec 6 (Reuters) – When U.S. officials first floated the idea of ​​capping Russian oil export prices in response to a planned European embargo in March, they pledged to cut revenue of the Russian war machine, while avoiding a devastating spike in oil prices. But keeping Russian oil on the market and global prices …

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Asian equities bet on a possible opening of China;  oil gain

Asian equities bet on a possible opening of China; oil gain

https://tmsnrt.rs/2zpUAr4 Chinese stocks climb, dollar slides More Chinese cities ease coronavirus controls Russian oil cap goes into effect, impact uncertain SYDNEY, Dec 5 (Reuters) – Asian stocks extended their rally on Monday as investors hoped moves to lift pandemic restrictions in China would eventually improve the outlook for global growth and demand for commodities, pushing …

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Investors hope Beijing lifts COVID curbs faster as protests stifle markets

Investors hope Beijing lifts COVID curbs faster as protests stifle markets

Dozens of campus protesters parade civil disobedience No sign of new protests in Beijing and Shanghai on Monday Chinese bonds and equities suffered strong outflows in 2023 LONDON, Nov 28 (Reuters) – Rare protests spreading across China against Beijing’s zero COVID-19 policy may have sparked a fresh wave of political uncertainty, but could also hasten …

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Foxconn's massive iPhone factory in China rocked by new worker unrest

Foxconn’s massive iPhone factory in China rocked by new worker unrest

Online footage shows hundreds of workers protesting Surveillance cameras and windows smashed by men with sticks Workers complain of late payments and insufficient food SHANGHAI/TAIPEI, Nov 23 (Reuters) – Hundreds of workers joined protests at Foxconn’s (2317.TW) flagship iPhone factory in China, with some men smashing surveillance cameras and windows, pictures showed images uploaded to …

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Asia shares gain despite rise in Chinese COVID cases

Asia shares gain despite rise in Chinese COVID cases

SYDNEY, Nov 23 (Reuters) – Asian stock markets were mostly in positive territory on Wednesday despite rising COVID-19 cases in mainland China, leaving investors uncertain about how much new outbreaks could slow the reopening of the world’s second largest economy. MSCI’s broadest index of Asia-Pacific stocks outside Japan (.MIAPJ0000PUS) rose 0.3%, after US stocks ended …

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Rise in Indian corporate lending signals new round of investment

Rise in Indian corporate lending signals new round of investment

MUMBAI, Nov 21 (Reuters) – Indian lenders are expanding lending to local businesses at the fastest pace in more than eight years, a sign of a new round of private investment beginning in the world’s fifth-largest economy even as growing major developed economies and China is slowing down. This international slowdown will limit the strength …

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