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Shenzhen-HK stock link lets foreigners access China's booming tech firms

By Saikat Chatterjee HONG KONG (Reuters) – A long-awaited link between China’s booming Shenzhen stock market and neighboring Honk Kong goes live on Monday, allowing foreign investors first-time access to some of the fastest growing technology companies in the world’s … Continue reading

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South Africa's rand slightly firmer ahead of S&P review

JOHANNESBURG (Reuters) – South Africa’s rand firmed slightly in early trade on Friday, with investors cautious ahead of S&P Global Ratings review on the country’s debt and a U.S. jobs report that could set the market’s tone in a few … Continue reading

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Asian markets slip following weak overnight close on Wall Street and FTSE

Asian stock market indices were trading lower on Friday (2 December), with the Shanghai Composite down 0.78% at 3,247.66 as of 4.47am GMT, following weak overnight close on both Wall Street and FTSE. Investors are said to be awaiting the … Continue reading

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Asia flat following a weaker Wall Street as Treasury yields hit 16-month high

By Nichola Saminather SINGAPORE (Reuters) – Asian shares were flat in early trade on Friday following mostly sluggish sessions on Wall Street and Europe, as 10-year U.S. Treasury yields surged to near 18-month highs and crude futures soared to 16-month … Continue reading

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Asian shares flat following a weaker Wall Street as Treasury yields hit 16-month high

By Nichola Saminather SINGAPORE (Reuters) – Asian shares were flat in early trade on Friday following mostly sluggish sessions on Wall Street and Europe, as 10-year U.S. Treasury yields surged to near 18-month highs and crude futures soared to 16-month … Continue reading

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Asia flat following a weaker Wall Street as Treasury yields hit 16-mth high

By Nichola Saminather SINGAPORE (Reuters) – Asian shares were flat in early trade on Friday following mostly sluggish sessions on Wall Street and Europe, as 10-year U.S. Treasury yields surged to near 18-month highs and crude futures soared to 16-month … Continue reading

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Pimco to pay $20 million to settle SEC probe: WSJ

(Reuters) – Pacific Investment Management Co (Pimco) and a top U.S. regulator have settled claims the bond manager mismarked securities in a fund formerly managed by investor Bill Gross, the Wall Street Journal reported, citing sources. Pimco agreed to pay … Continue reading

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Community banks due a break early in Trump term: Hensarling

WASHINGTON (Reuters) – Community banks will face less red tape and be able to lend to more small businesses once Congress erases financial rules conceived after the economic downturn of 2008, a leading Republican lawmaker said on Thursday. The plan … Continue reading

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TSX retreats from near 18-month high as bond yields rise

By Fergal Smith TORONTO (Reuters) – Canada’s main stock index fell on Thursday, pulling back from an earlier near 18-month high as a jump in bond yields pressured defensive stocks, offsetting further gains for energy shares as oil rallied. Some … Continue reading

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Wall Street steps into Skechers after CEO buys shares

By Noel Randewich SAN FRANCISCO (Reuters) – Skechers USA’s stock <SKX.N> was on track for its best day in over two years on Thursday after the shoe seller’s chief executive bought $11 million worth of the beleaguered shares and a … Continue reading

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