France will meet its mid-April 10 million vaccination target: minister

FILE PHOTO: Agnes Pannier-Runacher, French deputy Minister for Industry, wearing a protective face mask, attends the questions to the government session at the National Assembly in Paris amid the coronavirus disease (COVID-19) outbreak in France, January 26, 2021. REUTERS/Gonzalo FuentesPARIS (Reuters) – The French government will meet its target to have around 10 million people vaccinated against the COVID-19 virus […]

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S.Korea shares slip as U.S. bond yields offset vaccine optimism

* KOSPI falls, foreigners net sellers * Korean won strengthens against U.S. dollar * South Korea benchmark bond yield rises * For the midday report, please click SEOUL, March 31 (Reuters) – Round-up of South Korean financial markets: ** South Korean shares ended lower on Wednesday, as worries over rising U.S. Treasury yields outweighed upbeat Chinese PMI data and hopes […]

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Singapore bourse proposes allowing SPAC listings but with restrictions

FILE PHOTO: A man wearing a protective face mask walks past the Singapore Exchange (SGX) which stays open during “circuit breaker” measures to curb coronavirus COVID-19) in central business district area in Singapore, April 7, 2020. REUTERS/Edgar Su/File PhotoSINGAPORE (Reuters) – Singapore Exchange Ltd is proposing introducing regulations this year to allow the listing of Special Purpose Acquisition Companies (SPACs) […]

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FTSE 100 flat as losses in healthcare offset gains in miners; Deliveroo slumps in debut

FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. REUTERS/Toby Melville/File Photo/File Photo(Reuters) – London’s FTSE 100 was unchanged on Wednesday, as weakness in healthcare and banking stocks countered gains in mining shares, while food delivery company Deliveroo slumped 30% on its first day of trading. The blue-chip FTSE 100 […]

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UPDATE 2-Hitachi to buy U.S. software developer GlobalLogic for $9.6 bln

(Recasts with company announcement) TOKYO, March 31 (Reuters) – Hitachi Ltd said on Wednesday it will buy U.S. software company GlobalLogic Inc for $9.6 billion, as the Japanese industrial conglomerate aims to expand from electronics hardware to digital services. The acquisition is part of Hitachi’s ongoing business portfolio overhaul, which includes the $7 billion acquisition of ABB Ltd’s power grid […]

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JGBs fall amid speculation BOJ to reduce bond purchases

TOKYO, March 31 (Reuters) – Japanese government bond yields rose on Wednesday on speculation that the Bank of Japan (BOJ) will reduce bond purchases for its quantitative easing policy. Later on Wednesday, the BOJ is expected to announce the amount of bonds it will buy in April. The central bank earlier this month decided to slightly widen its trading range […]

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Sensex, Nifty fall weighed by financials

FILE PHOTO: People walk past the Bombay Stock Exchange (BSE) building in Mumbai, India, November 4, 2020. REUTERS/Francis Mascarenhas/File photoBENGALURU (Reuters) – Indian shares fell on Wednesday, after gaining more than 2% in the previous session, pressured by financial stocks, as rising U.S. Treasury yields renewed concerns of foreign fund outflows. The blue-chip NSE Nifty 50 index fell 0.8% to […]

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'Optimistic' Fed policymakers see U.S. economy about to boom

NEW YORK (Reuters) – Federal Reserve policymakers are optimistic about the U.S. economic outlook as more Americans are vaccinated and government aid gets to households and businesses, and they are not going to stand in its way.FILE PHOTO: A security guard walks in front of an image of the Federal Reserve following the two-day Federal Open Market Committee (FOMC) policy […]

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