Global Markets Cautious over IsraelHamas Escalation Fears

LONDON, Oct 16 Reuters European stock indexes fell on Monday but oil prices pulled back on recent gains, as cautious markets watched for signs of escalation which could determine the financial fallout from the IsraelHamas war. Israel39;s Prime Minister Benjamin Netanyahu vowed on Sunday to demolish Hamas as his troops prepared to move into the Gaza Strip […]
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Oil Prices Ease, Investors Assess Risks of IsraelHamas War

Oil prices surged nearly 6 on Friday Israel vows to demolish Hamas, prepares move on Gaza US Secretary of State Blinken heads to Israel on Monday TOKYO, Oct 16 Reuters Oil prices slipped on Monday after surging last week, with investors waiting to see if the IsraelHamas conflict draws in other countries a development that […]
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IMF Warning on China Puts Japanization Risk in Spotlight

China 39;ignoring everything they learned39; exJapan govt official Some Japan policymakers concerned over risk of 39;Japanization39; China39;s property woes flagged by IMF as among key global risks IMF points to differences between China, Japan39;s experience IMF calls for 39;right39; policies to avoid Japanstyle downturn MARRAKECH, Morocco, Oct 13 Reuters  Hiroshi Watanabe, Japan39;s former top currency […]
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S.Korea to Fine Two Hong Kong Banks for Naked ShortSelling

SEOUL, Oct 15 Reuters South Korea39;s stock market watchdog said on Sunday it found two Hong Kongbased investment banks had engaged in naked shortselling, which would likely result in record fines. The two unnamed investment banks made naked shortselling transactions of a total 40 billion won 29.58 million and 16 billion won, respectively, the Financial […]
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China Ramps Up Liquidity Support to Banking System

SHANGHAI, Oct 16 Reuters China39;s central bank ramped up liquidity support to the banking system as it rolled over mediumterm policy loans on Monday, but kept the interest rate unchanged amid concerns about the risk of more sharp yuan declines. The People39;s Bank of China PBOC is walking a tightrope between keeping liquidity ample to […]
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Indias September Wholesale Price Index Falls 0.26 yy

NEW DELHI, Oct 16 Reuters India39;s wholesale price index in September fell 0.26 from a year earlier, according to government data released on Monday. Economists polled by Reuters had estimated the wholesale price index for September would rise 0.5. It fell 0.52 in August. In September, fuel and power prices fell 3.35 from a year earlier, […]
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PNC Financial Reports Drop in Profit, Begins Job Cuts

Oct 13 Reuters PNC Financial Services Group said on Friday it is cutting about 4 of its workforce and reported a drop in thirdquarter profit, as a surge in funding costs offset higher interest from its assets. The bank also forecast its net interest income NII the difference between what banks earn on loans and pay […]
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