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China’s booming grey markets add woes to luxury brands

By Casey HallSHANGHAI (Reuters) - China's second-hand and grey markets for luxury goods are booming, as price hikes from luxury brands in a weak...

Analysis-Latin America braces for US election impact on trade, tariffs

By Rodrigo CamposLatin America is anxiously counting the days to Nov. 5, when U.S. voters will choose between relative continuity under Vice President Kamala...

Putin hosts a summit in a bid to show the West it can’t keep Russia off the global stage

In the coming days, Russian President Vladimir Putin will be shaking hands with multiple world leaders, including China’s Xi Jinping, India’s Narendra Modi, Turkey’s...

China’s Steel Demand Has Shrunk to Less Than Half Global Total

(Bloomberg) -- China will account for less than half of global steel consumption in 2024 for the first time in six years, according to...

Oil prices steady after 7% weekly drop

By Colleen HoweBEIJING (Reuters) - Oil prices steadied in early trading on Monday, following a more than 7% drop last week on worries about...

Oil prices steady after 7% weekly drop

By Colleen HoweBEIJING (Reuters) - Oil prices steadied in early trading on Monday, following a more than 7% drop last week on worries about...

China cuts benchmark loan prime rates by 25 bps

SINGAPORE/SHANGHAI (Reuters) - China cut benchmark lending rates as anticipated at the monthly fixing on Monday, following reductions to other policy rates last month...

Asian Stocks to Rise After Wall Street Win Streak: Markets Wrap

(Bloomberg) -- Most Asian stocks are poised to rise in early trading Monday after Wall Street finished last week on fresh highs.Most Read from...

US, Canadian navies sail through Taiwan Strait week after war games

TAIPEI (Reuters) -A U.S. and a Canadian warship sailed through the sensitive Taiwan Strait together on Sunday less than a week after China conducted...

China Traders Bet PBOC Will Keep Yuan in Hand Even If Trump Wins

(Bloomberg) -- China’s domestic yuan traders appear to be more confident than their offshore counterparts that the currency’s turbulence will be contained around the...

How the Communist Party quietly took over SVB’s China operation, according to a former CEO

Everyone knows about Silicon Valley Bank's (SVB) infamous collapse, but few know the man who helped build the bank’s foundation: Ken Wilcox.Wilcox made his...

Trump’s Favorite Word Is a Big Talking Point for European CEOs

(Bloomberg) -- European company executives might be even more preoccupied than their US counterparts about Donald Trump’s promise to impose tariffs on all imports...

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