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‘The bond vigilante is coming back,’ UBS strategist says

The bond vigilantes are coming back as investors continue to sell amid the prospect of higher for longer interest rates and a growing fiscal deficit, according to Kevin Zhao, head of global sovereign and currency at UBS Asset Management. The yield on the benchmark 10-year U.S. Treasury note rose above …

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Foxconn says it will cooperate with Chinese authorities on probes

Hon Hai Group’s headquarters, in Taipei, Taiwan, 15 July 2021. Ceng Shou Yi | Nurphoto | Getty Images Apple supplier Foxconn, officially known as Hon Hai, said it will cooperate with Chinese authorities on investigations, following a report that officials are conducting tax audit inspections and reviewing land use of …

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India is a ‘slow trundling elephant’ but a viable alternative to China: David Roche

India could become the world’s second largest economy by 2075. And international businesses and investors alike are keeping their eyes on the country. Beyondmylens@Harsh | Moment | Getty Images Veteran investor David Roche said India “is a slow trundling elephant” that still has many hurdles, but is now a viable …

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What to expect from John Lee

An aerial view of a residential district in Hong Kong. Chunyip Wong | E+ | Getty Images Hong Kong’s Chief Executive John Lee is set to address some major economic and social issues that the city faces in his second annual policy speech on Wednesday. Residents of the financial hub …

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I’m a mom living in Japan, home to the world’s healthiest kids—4 things Japanese parents do differently

In 1896, pioneering doctor and pharmacist Sagen Ishizuka coined a Japanese philosophy called “shokuiku.” It is derived from two words that mean “eat” and “grow.”  Shokuiku encourages parents and schools to teach kids where their food comes from and how it affects our mind and body. This concept has been …

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Chinese IPO listings overseas getting complicated, says NYSE’s Ge

Traders work during the IPO for Chinese ride-hailing company Didi Global Inc on the New York Stock Exchange (NYSE) floor in New York City, U.S., June 30, 2021. Brendan McDermid | Reuters There is strong appetite among Chinese companies to list on U.S. stock exchanges, but these IPOs have become …

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Prosecutors in SBF trial compare defense argument to ‘Dumb and Dumber’

Former FTX Chief Executive Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, walks outside the Manhattan federal court in New York City, U.S. March 30, 2023.  Amanda Perobelli | Reuters Prosecutors in the criminal trial against FTX founder Sam Bankman-Fried compared one of the …

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Up to 600 Americans are trapped in Gaza

Hundreds of American citizens are trapped in the besieged Gaza Strip under constant Israeli bombardment and have received no help in finding ways to escape, according to interviews with individuals on the ground.  The State Department says as many as 600 Americans are in the enclave that since Oct. 7 …

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Alibaba, Tencent among investors in Zhipu, China’s OpenAI rival

An undated conceptual illustration of China’s technology aspirations. Yaorusheng | Moment | Getty Images Chinese technology giants including Alibaba and Tencent are among backers of Zhipu, the company said on Friday, an artificial intelligence start-up the country is hoping can be an answer to American firm OpenAI. Zhipu has raised …

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UK PM Rishi Sunak suffers two historic by-election defeats as Labour opposition surges

Labour party candidate Sarah Edwards, centre, after polls closed in the Tamworth by-election on October 20, 2023 in Tamworth, England. Christopher Furlong | Getty Images News | Getty Images LONDON — U.K. Prime Minister Rishi Sunak’s Conservative Party suffered two historic by-election defeats on Thursday, with the main opposition Labour …

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