Archive for the January 10, 2018
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Palm oil on the European vegetable oils market was stronger on Monday, tracking gains in Malaysian palm oil futures on positioning ahead of Wednesday's MPOB supply/demand and stocks report. Asking prices for palm oil were
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Germany's powerful metalworkers' union launched mass strikes Monday over pay and working hours that could impact a key industry and the shape of labour nationwide. IG Metall are not just asking for a pay rise
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Sweden ran a much bigger than expected budget surplus in 2017, the Debt Office said on Tuesday, raising the prospect that its already meagre government bond issuance could be cut further. Falling issuance and a
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Sweden ran a much bigger than expected budget surplus in 2017, the Debt Office said on Tuesday, raising the prospect that its already meagre government bond issuance could be cut further. Falling issuance and a
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Taiwan's exports climbed to a record amount in December, boosting confidence solid global technology demand will keep the island economy's growth momentum steady this year. Taiwan's factories are an integral part of the global supply-chain
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Japan's real wages, which are adjusted for inflation, posted their first gain in 11 months in November, helped by a rise in year-end bonuses, but economists warn that wages are unlikely to keep up with
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Denmark's Novo Nordisk, the world's leading insulin manufacturer, announced Monday an offer to buy the Belgian biotech firm Ablynx for 2.6 billion euros ($3.1 billion). Novo Nordisk said it made an initial offer in December
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Canadian housing starts fell in December, as expected, as a sharp decline in multiple unit urban starts outweighed a rise in single-detached starts, data from the Canada Mortgage and Housing Corporation showed on Tuesday. December's
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Approvals to build new homes in Australia surged to 15-month highs in November as more apartment towers got the go-ahead, an unexpected return to strength that should drive activity and hiring across the economy. The
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The yen jumped on Tuesday after the Bank of Japan trimmed its buying of long-dated Japanese government bonds in market operations, helping to stoke speculation about a future exit from its massive stimulus policy. The
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