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U.S. corn, wheat extend losses; soybeans edge higher
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U.S. corn, wheat extend losses; soybeans edge higher

Author of the article: MUMBAI — U.S. corn futures extended losses in early trade on Wednesday, hovering near a six-week low, as planting picked up pace in the United States and top buyer China allowed corn imports from Brazil. * Soybeans edged higher on lower planting and strong export demand, while wheat edged lower as…
Asian currencies largely subdued, Thai baht weakens 0.3%
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Asian currencies largely subdued, Thai baht weakens 0.3%

Author of the article: The following table shows rates for Asian currencies against the dollar at 0204 GMT. CURRENCIES VS U.S. DOLLAR Currency Latest bid Previous Pct day Move Japan yen 126.850 126.8 -0.04 Sing dlr 1.372 1.3712 -0.06 Taiwan dlr 29.590 29.622 +0.11 Korean won 1264.100 1266.2 +0.17 Baht 34.175 34.07 -0.31 Peso 52.320…
RBNZ raises cash rate by 50 bps to 2.0%
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RBNZ raises cash rate by 50 bps to 2.0%

This advertisement has not loaded yet, but your article continues below. Author of the article: Article content WELLINGTON — New Zealand’s central bank raised interest rates by 50 basis points to 2.00% on Wednesday, its fifth rate hike in a row as it seeks to get on top of inflation. All but one of 21…
European shares seen holding near current levels through 2022
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European shares seen holding near current levels through 2022

Author of the article: LONDON — Central bank policy tightening, fears of a recession and the economic impact of the war in Ukraine are all expected to keep a lid on any significant advance in European stocks for the remainder of 2022, a Reuters poll found. The poll of 21 fund managers, strategists and analysts,…
Asian stocks shrug off Wall St weakness but growth concerns remain
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Asian stocks shrug off Wall St weakness but growth concerns remain

Author of the article: Asia stocks opened mostly in positive territory on Wednesday even as global growth concerns and weak U.S. economic data weighed on Wall Street overnight. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.35%, Australian shares were up 0.33%, and Seoul and Taiwan both ticked upwards 0.61% and 0.2%. Hong Kong’s,…
China’s property market woes expected to worsen in 2022
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China’s property market woes expected to worsen in 2022

Author of the article: Reuters Liangping Gao and Ryan Woo BEIJING — China’s property market woes are likely to worsen this year with prices remaining flat and sales and investment falling further, while tighter and widespread COVID-19 curbs weigh on still fragile demand despite more policy easing. The property market, a pillar of the world’s…
Gold dips as dollar attempts recovery
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Gold dips as dollar attempts recovery

Author of the article: Gold edged lower on Tuesday, as the U.S. dollar rebounded slightly after a slide in the previous session, weighing on demand for greenback-priced bullion. Spot gold fell 0.2% to $1,850.40 per ounce, as of 0240 GMT, after rising to its highest since May 9 of $1,865.29 on Monday. U.S. gold futures…
Japan’s Nikkei slips below 27,000 level as U.S. futures skid
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Japan’s Nikkei slips below 27,000 level as U.S. futures skid

Author of the article: TOKYO — Japan’s Nikkei edged down on Tuesday, trading below the 27,000 psychological level reclaimed a day earlier, as U.S. futures skidded and investors struggled to find fresh catalysts after the earnings season came to an end. The Nikkei share average had slipped 0.4% to 26,888.18 by 0207 GMT after opening…
BOJ vows to patiently continue powerful monetary easing to back economy
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BOJ vows to patiently continue powerful monetary easing to back economy

This advertisement has not loaded yet, but your article continues below. Author of the article: Article content TOKYO — The Bank of Japan (BOJ) will patiently continue its powerful monetary easing to firmly underpin the economy to encourage the labor market to tighten to accompany wage hikes, a senior central bank official said on Tuesday.…