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Tokyo inflation likely to miss BOJ target for first time in five months: Reuters poll

By Kantaro Komiya TOKYO (Reuters) – Consumer inflation in Tokyo for October likely undershot the central bank’s price target for the first time in five months, a Reuters poll showed on Friday. The core consumer price index (CPI) in Tokyo, a leading indicator of nationwide price trends, was expected to have risen 1.7% from a …

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Bangladesh crimes tribunal issues arrest warrant for exiled former prime minister

DHAKA (Reuters) -Bangladesh’s International Crimes Tribunal on Thursday issued an arrest warrant for former Prime Minister Sheikh Hasina, currently in India, citing her alleged involvement in mass killings during violent protests that erupted earlier this year.  The protests, which began as a student-led movement against public sector job quotas, escalated into some of the deadliest …

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China shares gain on latest policy steps, dollar buoyed by Fed view

By Kevin Buckland TOKYO (Reuters) -China stocks rose on Friday as the central bank officially launched a swap facility aimed at boosting the equity market, although shares elsewhere in Asia were mixed in the wake of data confirming a slowdown in the world’s second-largest economy. The dollar hovered close to an 11-week high versus major …

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Japan top FX diplomat says recent yen moves ‘one-sided’ in fresh warning

By Makiko Yamazaki and Rocky Swift TOKYO (Reuters) -Japan’s top currency diplomat, Atsushi Mimura, said on Friday that recent currency moves are “somewhat one-sided and rapid,” in a fresh warning against speculative trading as the yen fell past the key 150 line against the dollar. “We as Japanese authorities are closely watching foreign exchange moves, …

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China’s Q3 GDP growth skids to slowest since early 2023

(Reuters) -China’s economy grew at the slowest pace since early 2023 in the third quarter, and though consumption and industrial output figures for last month beat forecasts a tumbling property sector remains a big challenge for Beijing as it tries to boost growth. Data released on Friday showed the world’s second-largest economy grew 4.6% year-on-year …

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IMF’s Georgieva says China can no longer rely on exports for growth

By David Lawder WASHINGTON (Reuters) – International Monetary Fund Managing Director Kristalina Georgieva told Reuters on Thursday that China is too large to continue relying on exports to drive its economy and faces dangerously slower growth unless it shifts toward a consumer-driven economic model. Georgieva told Reuters in an interview that China’s growth could fall …

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Virginia congressional candidates debate incumbent’s AI – with a few glitches

By Greg Bensinger (Reuters) – An online debate held on Thursday against a sitting congressman’s artificial intelligence likeness – marking a gray area in the use of the technology during elections – featured few fireworks, few viewers and a few glitches. The debate, pitting two independent challengers against incumbent Don Beyer, a Democrat, was streamed …

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