Tag: United States
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U.S. grocery slowdown deepens as shoppers buy fewer items, raising pressure on food companies
New data show the U.S. grocery slowdown is deepening as shoppers buy fewer items, forcing grocers and brands to compete harder on price and value.
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Wall Street’s profit boom has Europe ripping up its banking rulebook
A major overhaul of Europe’s banking rules could provide a boost to the continent’s banking sector.
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Treasury yields rise as Wall Street awaits retail sales and unemployment data
The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — rose over 2 basis points to 4.573%.
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U.S. slaps 25% tariff on most Brazilian goods over ‘unfair trade practices’
A separate U.S. probe into forced-labor enforcement could see an additional 12.5% duty on Brazilian goods on top of the 25%, with the decision due next week.
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US approves nearly US$2 billion in weapons sales to Saudi Arabia
WASHINGTON: The US State Department said Wednesday (Jul 15) it has approved the sale of an estimated US$1.96 billion in weapons to bolster Saudi Arabia’s air defences, as the war ramps up in the Middle East.”This proposed sale will support the foreign policy and national security objectives of the United Stat
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US unveils new 25% tariff on certain imports from Brazil
WASHINGTON: The United States on Wednesday (Jul 15) announced a new tariff on various imports from Brazil, after a year-long investigation into the Latin American giant’s trade and other policies.The 25 per cent tariff is set to take effect Jul 22, a senior US official told reporters.But a range of pro
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CNA Explains: The US has deployed sea drones in combat for the first time. Here’s why it matters
An analyst says that the use of the sea drones by the US “lies less in the platform itself than in what it signals”.
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Ex-Fed advisor gets over three years in prison for lying about China ties
The case marks one of the most prominent U.S. prosecutions alleging Chinese intelligence targeting of U.S. institutions, as Trump intensifies its pursuit of foreign economic espionage.
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China and Xi are seen more favourably than the US and Trump in many nations, Pew study suggests
In only six countries do people still see the US more positively than China, according to the findings released by Pew Research Center.
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Bank of Korea raises rates to 2.75% in first hike in over three years
The 25 basis point hike by the Bank of Korea was in line with a survey of economists polled by Reuters.
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