MOSCOW (Reuters) – Russia’s finance ministry on Friday said the maximum possible share of Chinese yuan in its National Wealth Fund (NWF) had been doubled to 60% as it restructures its rain[...]
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Business
UK house prices end 2022 on a weaker note after pandemic boom
By Muvija M LONDON (Reuters) -British annual house price growth marked a further “sharp” slowdown in December, mortgage lender Nationwide said, ending the year on a downbeat note as the im[...]
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Japan’s biggest banks to raise housing loan rates after BOJ’s policy tweak
TOKYO (Reuters) – Japan’s three biggest banks said on Friday they would raise interest rates for housing loans for next month, reflecting the Bank of Japan’s tweak in its ultra-loose[...]
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Russian services activity shrinks for third month running in Dec -PMI
MOSCOW (Reuters) – Activity in Russia’s services industry shrank for the third month running in December, a survey showed on Friday, as companies faced weak consumer demand at home, severe[...]
Read moreSouth Korea to raise electricity prices for Q1 2023 by nearly 10%
SEOUL (Reuters) -South Korea will raise electricity prices for the first quarter of 2023 by 13.1 won per kilowatt-hour, a 9.5% increase that is the highest in four decades, its energy minister said on[...]
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China’s factory activity likely cooled in Dec on COVID surge: Reuters Poll
BEIJING (Reuters) – China’s factory activity is expected to have extended declines in December, a Reuters poll showed on Friday, as the end of the country’s “zero-COVID”[...]
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Congressional report: U.S. FDA broke own protocols in approving Biogen Alzheimer’s drug
By Ahmed Aboulenein WASHINGTON (Reuters) – The U.S. Food and Drug Administration failed to adhere to its own guidance and internal practices during the approval process for Biogen’s Alzhei[...]
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South Korea Dec inflation steady at 5.0%, as expected
SEOUL (Reuters) – South Korea’s consumer prices in December rose 5.0% from a year earlier, official data showed on Friday, matching market expectations and the pace seen in November. The c[...]
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Oil drops on China uncertainty; U.S. demand limits decline
By Shariq Khan NEW YORK (Reuters) – Oil prices fell for a second straight session on Thursday on an uncertain demand outlook as more countries considered restrictions on Chinese travelers with C[...]
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