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South Korea inflation cools to three-month low, but risks remain

South Korea inflation cools to three-month low, but risks remain

SEOUL, Aug 4 (Reuters) - South Korea's consumer inflation softened to a three-month low in July, coming in below market expectations on a fall in oil prices, though policymakers remained wary of upward price pressures.
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Asia stocks move higher on Wall Street lead, oil steady

Asia stocks move higher on Wall Street lead, oil steady

By Gregor Stuart Hunter SINGAPORE, Aug 4 (Reuters) - Asian markets made cautious gains at the start of trading as investors followed a global rally, with oil prices holding near the lowest levels in weeks as the U.S.-Iran conflict remained at a stalemate.
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India central bank to stay on hold even as peers pivot to rate hikes

India central bank to stay on hold even as peers pivot to rate hikes

By Jaspreet Kalra MUMBAI, Aug 3 (Reuters) - India's central bank is expected to keep interest rates unchanged this week, diverging from many of its global peers as inflation remains modest despite higher global oil prices while steps to support the rupee drive strong inflows.
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Oil slumps on hopes of Iran deal, yen spikes suddenly after intervention

Oil slumps on hopes of Iran deal, yen spikes suddenly after intervention

By Ankur Banerjee SINGAPORE, Aug 3 (Reuters) - Oil prices skidded and stocks wobbled on Monday as hopes of peace in the Middle East grew, while the yen jumped suddenly after the U.S. and Japan confirmed joint intervention to prop up the frail currency.
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Falling oil prices help calm Wall Street's inflation worries, while chip stocks get back to sinking

Falling oil prices help calm Wall Street's inflation worries, while chip stocks get back to sinking

Oil prices are easing and helping to calm Wall Street’s worries that inflation could potentially get even worse
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Exclusive-Fed's Williams expects inflation to ease, says Fed will act if it doesn't

Exclusive-Fed's Williams expects inflation to ease, says Fed will act if it doesn't

By Michael S.
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Oil slides on Iran peace deal hopes and yen firms after intervention

Oil slides on Iran peace deal hopes and yen firms after intervention

By Nell Mackenzie and Ankur Banerjee LONDON/SINGAPORE, Aug 3 (Reuters) - Oil prices fell sharply while European stock markets jumped on Monday as hopes of a peace deal in the Middle East grew, while the yen firmed to a three-month high after the U.S. and Japan confirmed joint intervention to support
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Yen clings to intervention gains as traders stay alert to more

Yen clings to intervention gains as traders stay alert to more

By Rae Wee SINGAPORE, Aug 4 (Reuters) - The yen held on to most of its intervention-driven gains on Tuesday, after last week's joint action by Tokyo and Washington to shore up the currency kept speculators wary of rebuilding bearish positions.
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World stocks are mixed as yen jumps against the dollar, while oil prices slip

World stocks are mixed as yen jumps against the dollar, while oil prices slip

World shares are mixed after the U.S. and Japan confirmed they jointly moved to prop up the value of the Japanese yen against the U.S. dollar
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Oil falls, stocks gain amid Iran peace hopes; yen firms after intervention

Oil falls, stocks gain amid Iran peace hopes; yen firms after intervention

By Caroline Valetkevitch and Nell Mackenzie NEW YORK/LONDON, Aug 3 (Reuters) - Oil prices dropped and major stock indexes gained on Monday on signs that U.S.-Iran tensions were easing again, while the yen strengthened against the euro and dollar after the U.S. and Japan confirmed joint intervention
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U.S. Treasury Yields Decline Amid Middle East Diplomatic Efforts

U.S. Treasury Yields Decline Amid Middle East Diplomatic Efforts

U.S. Treasury Yields Decline Amid Middle East Diplomatic Efforts
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South Korea July exports beat forecasts on robust demand for AI investments

South Korea July exports beat forecasts on robust demand for AI investments

SEOUL, Aug 1 (Reuters) - South Korea's exports grew more strongly than expected in July on global chip and computer demand for AI investments.