(Adds response from regulator in paragraph 7 and 8; clarifies curbs as verbal guidance in paragraph 3 and 10) SHANGHAI/BEIJING, March 12 (Reuters) – Regulators have tightened the screws on foreign exchange transactions in one of China’s main export hubs by restricting conversions of exporters’ dollar earnings, people familiar with the matter said, as authorities seek to rein in a […]
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FILE PHOTO: A doctor, wearing a protective face mask, prepares a dose of the Oxford-AstraZeneca COVID-19 vaccine in his consulting room at the doctor’s office in Gouzeaucourt as part of the coronavirus disease (COVID-19) vaccination campaign in France, February 24, 2021. REUTERS/Pascal RossignolGENEVA (Reuters) – A World Health Organization expert advisory committee is currently looking at AstraZeneca’s COVID-19 vaccine after […]
Read more(Reuters) – 1/ TIME TO PUSH BACK? After a stunning selloff in U.S. Treasuries took benchmark 10-year yields above 1.6%, the highest in a year, the March 16-17 Federal Reserve meeting will be watched closely for hints policymakers are concerned about yields, asset bubbles and inflation. A repricing of market interest rate expectations to anticipate a Fed hike as early […]
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Treasury yields climbed after Biden signed the $1.9 trillion coronavirus relief package into law on Thursday afternoon. On Friday, February's producer price index is due out at 8:30 a.m. ET. The 10-year U.S. Treasury yield hit 1.6% once again on Friday morning, after President Joe Biden signed his stimulus package into law and announced he would direct states to make […]
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A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, February 26, 2016. REUTERS/Shailesh Andrade/FilesBENGALURU (Reuters) – Gains in the financial sector pushed Indian shares to near one-month highs on Friday, with IDBI Bank surging more than 17% after the country’s central bank removed the state-run lender from its corrective action list. The blue-chip […]
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WASHINGTON (Reuters) – President Joe Biden said on Thursday he would direct U.S. states to make all adults eligible for the coronavirus vaccine by May 1 and urged Americans in a televised address to stay vigilant against the virus, hours after he signed a $1.9 trillion stimulus bill into law. In a forceful but somber speech from the White House […]
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FILE PHOTO: A syringe with a dose of the vaccine against the coronavirus disease (COVID-19) is displayed at the Tokyo Metropolitan Cancer and Infectious Diseases Center Komagome Hospital in Tokyo, Japan March 5, 2021. Yoshikazu Tsuno/Pool via REUTERSTOKYO (Reuters) – Daiichi Sankyo Co said on Friday it had begun the production of AstraZeneca Plc’s COVID-19 vaccine in Japan. The drugmaker […]
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FILE PHOTO: Medical workers wait to receive the first dose of the Pfizer BioNTech vaccine Covid-19 at the National Medical Center vaccination center in Seoul, South Korea February 27, 2021. Song Kyung-Seok/Pool via REUTERSSEOUL (Reuters) – South Korea will extend social distancing rules with a ban on private gatherings of more than four people in a bid to stamp out […]
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NEW YORK (Reuters) – Members of the Sackler family who own Purdue Pharma LP have offered roughly $4.3 billion to resolve sprawling opioid litigation, up from $3 billion initially proposed in settlement discussions underway in the OxyContin maker’s bankruptcy proceedings, four people familiar with the matter said.FILE PHOTO: A pharmacist holds a bottle OxyContin made by Purdue Pharma at a […]
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