Stocks edge lower, oil jumps on supply concerns over Mideast, Libya

Stocks edge lower, oil jumps on supply concerns over Mideast, Libya

Item 1 of 3 Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July 3, 2024. REUTERS/Brendan McDermid/File Photo [1/3]Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July 3, 2024. REUTERS/Brendan McDermid/File Photo Purchase Licensing Rights, opens new …

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Japan PM pledges to ‘restore trust’ as fundraising scandal rocks government

Japan PM pledges to ‘restore trust’ as fundraising scandal rocks government

Fumio Kishida, Japan’s prime minister, speaks during a news conference at the prime minister’s official residence in Tokyo, Japan, November 2, 2023. Kiyoshi Ota/Pool via REUTERS/File Photo Acquire Licensing Rights TOKYO, Dec 11 (Reuters) – Embattled Japanese premier Fumio Kishida pledged on Monday to take steps to restore trust in his government amid reports he …

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Stocks retreat after rally with jobs data eyed, yields climb

Stocks retreat after rally with jobs data eyed, yields climb

[1/3]Traders gather at the post that trades Alaska Airlines stock on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 4, 2023. REUTERS/Brendan McDermid/File Photo Acquire Licensing Rights Major US averages fall Dollar rises Gold retreats after hitting record high Oil settles down more than 1% NEW YORK, Dec …

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Asia factory activity weakens, uncertainty on China clouds outlook

Asia factory activity weakens, uncertainty on China clouds outlook

An employee works on a production line manufacturing steel structures at a factory in Huzhou, Zhejiang province, China May 17, 2020. Picture taken May 17, 2020. China Daily via REUTERS/File Photo Acquire Licensing Rights China’s private PMI unexpectedly expands in November Manufacturing activity slumps in Japan, steadies in S. Korea Soft global demand clouds outlook …

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Treasury yields fall on data, rate cut expectations; dollar gains

Treasury yields fall on data, rate cut expectations; dollar gains

NEW YORK/LONDON, Nov 29 (Reuters) – Treasury yields fell on Wednesday while the dollar gained and MSCI’s global stock index barely rose as U.S. Federal Reserve officials provided mixed messages on monetary policy while third-quarter data provided encouraging signs for the economy. In U.S. equities, the S&P 500 edged lower and Nasdaq dipped while the …

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Tesla on two wheels? India’s Ola Electric feels the strains of success

Tesla on two wheels? India’s Ola Electric feels the strains of success

India’s No. 1 e-scooter maker faces challenges ahead of IPO Some service centres have big backlogs, long repair times Ola’s CEO says it’s aggressively expanding service network THANE/HYDERABAD/NEW DELHI/MUMBAI, Nov 28 (Reuters) – Bhavish Aggarwal, India’s answer to Elon Musk, is racing to roll out millions of electric scooters and speed his nation to a …

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China, Japan, South Korea seek summit in latest bid to ease relations

China, Japan, South Korea seek summit in latest bid to ease relations

[1/9]Chinese Foreign Minister Wang Yi, South Korean Foreign Minister Park Jin and Japanese Foreign Minister Yoko Kamikawa pose for a photo prior to the 10th trilateral foreign ministers’ meeting in Busan, South Korea, Sunday, Nov. 26, 2023. Ahn Young-joon/Pool via REUTERS Acquire Licensing Rights SEOUL, Nov 26 (Reuters) – China, Japan and South Korea agreed …

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Asian shares dragged lower by China, Treasury yields climb

Asian shares dragged lower by China, Treasury yields climb

Photographers take photos near a large screen showing stock prices at the Tokyo Stock Exchange (TSE) after market opens in Tokyo, Japan October 2, 2020. REUTERS/Kim Kyung-Hoon/File Photo Acquire Licensing Rights SYDNEY, Nov 24 (Reuters) – Asian shares were dragged lower by losses in China on Friday and in the absence of guidance from Wall …

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Sony facing $7.9 bln mass lawsuit over PlayStation Store prices

Sony facing .9 bln mass lawsuit over PlayStation Store prices

The Sony logo is displayed outside the company’s headquarters in Tokyo, Japan February 16, 2023. REUTERS/Issei Kato/File Photo Acquire Licensing Rights LONDON, Nov 21 (Reuters) – Sony (6758.T) must face a mass lawsuit worth up to 6.3 billion pounds ($7.9 billion) over claims the PlayStation maker abused its dominant position leading to unfair prices for …

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