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Citigroup acknowledges trader error in sudden fall of European shares

NEW YORK (Reuters) – Citigroup Inc (NYSE:C) acknowledged late on Monday that one of its traders made an error in the sudden fall of European shares early in the day. “This morning.

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U.S. trade chief Tai says all tools on table to beat inflation, tariffs not top of list

By Andrea Shalal WASHINGTON (Reuters) – All tools are on the table to address rising inflation, including reductions of tariffs on Chinese imports, U.S. Trade Representative Katherine Tai said on.

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S.Korea inflation hits 13-yr high, fans rate hike expectations

By Jihoon Lee and Choonsik Yoo SEOUL (Reuters) -South Korea’s consumer inflation quickened far more than forecast and hit a more than 13-year high in April, boosting expectations in the.

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Japan’s low-cost soul food noodles may become casualty of Ukraine war

By Elaine Lies and Akiko Okamoto TOKYO (Reuters) – Ryu Ishihara will soon be raising prices on his inexpensive bowls of soba noodles for the first time in nearly a.

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Australian consumers spooked by rate risk, inflation -survey

SYDNEY (Reuters) – Australian consumer sentiment took a nose dive last week as a shockingly high reading in inflation fuelled concerns about the cost of living and possible rise in.

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Marketmind: Peak hawkishness

A look at the day ahead from Danilo Masoni. A sharply lower close on Wall Street on Friday will set the tone across Europe this morning, as a busy week.

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Japan consumer confidence edges up in April, first rise in six months

By Kantaro Komiya and Kaori Kaneko TOKYO (Reuters) – Japan’s consumer confidence index nudged up in April to mark its first increase in six months after the end of COVID-19.

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BOJ says fuel, food-driven gains to keep propping up Japan inflation

TOKYO (Reuters) – Japan’s consumer inflation will continue to face upward pressure later this year from rising electricity bills and food prices, as the recent surge in commodity prices hits.

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Gold dips as bond yields rise before Fed meeting

By Bharat Gautam (Reuters) – Gold prices fell on Monday as elevated U.S. Treasury yields pressured demand for zero-yield bullion, ahead of a widely expected big interest rate hike by.

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Odds shift for global banks’ Asia wealth bets in China’s slower-growth reality

By Selena Li and Anshuman Daga HONG KONG/SINGAPORE (Reuters) -Wealth managers at the big global banks are tempering their expectations for Asia, their fastest growing market, after China’s regulatory crackdown.

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