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Stocks and bond yields fall as US data clouds Fed rate outlook

Stocks and bond yields fall as US data clouds Fed rate outlook

Wall Street extends losses as recession worries mount Crude oil at lowest since January Bank of Canada signals slowing pace of rate hikes China eases COVID rules but imports and exports slump http://tmsnrt.rs/2yaDPgn NEW YORK/MILAN, Dec 7 (Reuters) – Global stocks fell further and Treasury yields fell on Wednesday as U.S. worker productivity data beat …

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Reaction to China's easing of COVID restrictions in major policy shift

Reaction to China’s easing of COVID restrictions in major policy shift

Dec 7 (Reuters) – China on Wednesday announced the most sweeping changes to its strict zero COVID policy since the pandemic began three years ago, easing rules that had curbed the spread of the virus but had hobbled the world’s second-largest economy worldwide and sparked protests. The easing of rules, which include allowing infected people …

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European markets slide, China eases pandemic measures

European markets slide, China eases pandemic measures

LONDON, Dec 5 (Reuters) – European stock indices were mostly down on Monday, finding little support from the easing of domestic pandemic restrictions in China, after market sentiment was dampened by data on the employment in the United States on Friday which raised fears of persistent inflation. Asian stocks had been boosted early on Monday …

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Foxconn's massive iPhone factory in China rocked by new worker unrest

Foxconn’s massive iPhone factory in China rocked by new worker unrest

Online footage shows hundreds of workers protesting Surveillance cameras and windows smashed by men with sticks Workers complain of late payments and insufficient food SHANGHAI/TAIPEI, Nov 23 (Reuters) – Hundreds of workers joined protests at Foxconn’s (2317.TW) flagship iPhone factory in China, with some men smashing surveillance cameras and windows, pictures showed images uploaded to …

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Wall Street slips as concerns grow over tougher COVID restrictions in China

Wall Street slips as concerns grow over tougher COVID restrictions in China

Dow down 0.13%, S&P 500 down 0.39%, Nasdaq down 1.09% Disney jumps on Iger’s return as CEO Grindr falls after exploding in its early days Tesla down on vehicle recall, China COVID concerns Nov 21 (Reuters) – Wall Street’s main indexes ended roughly lower on Monday on fears that China could resume tougher measures to …

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