Finance

Japan PM contender Hayashi backs BOJ rate-hike strategy

Japan PM contender Hayashi backs BOJ rate-hike strategy

By Takaya Yamaguchi and Leika Kihara TOKYO (Reuters) -The Bank of Japan’s plan to gradually raise interest rates is broadly in line with the government’s thinking on economic policy, Y...

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Santos Starts Barossa Gas Project, Among Australia’s Dirtiest

Santos Starts Barossa Gas Project, Among Australia’s Dirtiest

(Bloomberg) — Santos Ltd. started production from one of Australia’s highest-emitting natural gas projects, which will help bolster shipments to buyers in Asia but also threaten climate...

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Why the bull market for stocks may now hinge on the 10-year Treasury yield

Why the bull market for stocks may now hinge on the 10-year Treasury yield

The sustainability of the bull-market rally may hinge on the benchmark 10-year Treasury yield. – Getty Images U.S. stocks ended the week at fresh record highs Friday, but the sustainabi...

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Gold Holds Just Below Record as Traders Wait for Rate-Path Clues

Gold Holds Just Below Record as Traders Wait for Rate-Path Clues

(Bloomberg) — Gold held a fifth weekly advance, boosted by the Federal Reserve’s first rate cut of the year, with investors looking to a key inflation print due Friday for more clues ab...

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Chinese Savers Have $23 Trillion and Few Options Beyond Stocks

Chinese Savers Have $23 Trillion and Few Options Beyond Stocks

(Bloomberg) — Chinese households are tiptoeing back into equities, driven in part by a stark reality: Almost nothing else looks worth buying. The CSI 300 Index has surged more than 25%...

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