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Asian stocks mixed on Fed warning, China hopes

Cautious stocks, US yield curve deep in recession territory

https://tmsnrt.rs/2zpUAr4 Markets choppy after Fed rate warnings Most inverted U.S. yield curve since 1981 The dollar is selling again, but off the lows of the week SYDNEY, Nov 18 (Reuters) – Asian stocks were in a cautious mood on Friday after U.S. Federal Reserve officials fired more warning shots on interest rates amid rising coronavirus …

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Roche's Alzheimer's drug fails in long-awaited trial

Roche’s Alzheimer’s drug fails in long-awaited trial

Trials show small benefit, but without statistical validity Roche setback leaves Biogen and Eisai as leaders in the field It’s up to Roche’s CEO-designate to revive development fortunes Roche shares down 3.4%, its development partner Morphosys down 29% Nov 14 (Reuters) – Roche’s (ROG.S) Alzheimer’s drug candidate has not been shown to slow the progression …

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Asian stocks mixed on Fed warning, China hopes

Asian stocks mixed on Fed warning, China hopes

https://tmsnrt.rs/2zpUAr4 Fed’s Waller downplays CPI as a single number Beijing outlines ownership support and COVID steps Biden will meet Xi at the G20 SYDNEY, Nov 14 (Reuters) – Asian stock markets were mixed on Monday as a top U.S. central banker warned investors against getting carried away by single-digit inflation, while Chinese stocks gained in …

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Exclusive: US blocks more than 1,000 solar shipments due to Chinese slave labor issues

Exclusive: US blocks more than 1,000 solar shipments due to Chinese slave labor issues

November 11 (Reuters) – More than 1,000 shipments of solar power components worth hundreds of millions of dollars have piled up at U.S. ports since June under a new law banning imports from the China’s Xinjiang region due to slave labor concerns, according to federal customs officials and industry sources. The level of seizures, which …

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FTX seeks $9.4 billion in bailout funds from investors and rivals - source

FTX seeks $9.4 billion in bailout funds from investors and rivals – source

Nov 10 (Reuters) – FTX is scrambling to raise about $9.4 billion from investors and competitors, a source said on Thursday, as chief executive Sam Bankman-Fried urgently seeks to save the cryptocurrency exchange that has been rocked by a rush of customer withdrawals. Bankman-Fried discussed raising $1 billion each from Justin Sun, the founder of …

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