China urges swift implementation of expansive financial policies

BEIJING/SHANGHAI (Reuters) -China’s central bank and financial regulators have held meetings with key financial institutions, urging them to swiftly implement expansive policies to support the economy and the capital markets. The People’s Bank of China (PBOC) said in a statement on its website on Friday that it urged financial institutions to boost credit support for …

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Who is Prabowo Subianto, incoming president of Indonesia?

By Ananda Teresia and Idrees Ali JAKARTA (Reuters) – The first time Prabowo Subianto lost a presidential bid, he claimed there had been “massive” fraud. The second time, the former special forces commander initially said he did not accept the election results, but later joined the winner’s cabinet. Prabowo dominated this years’ presidential election, his …

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Ukraine’s Zelenskiy says North Korean officers deployed alongside Russians

BRUSSELS (Reuters) – Ukraine’s president accused North Korea on Thursday of deploying officers alongside Russia and preparing to send thousands of troops to help Moscow’s war effort, although NATO’s chief said there was no evidence of Pyongyang’s presence at this stage. Western countries have long accused North Korea of sending weapons to Russia, and in …

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China’s Q3 GDP grows 4.6% y/y, slightly above economists’ estimate

BEIJING (Reuters) – China’s economy expanded 4.6% in the third quarter from a year earlier, official data showed on Friday, slightly beating analysts’ expectations, maintaining pressure on policymakers as they consider more stimulus measures. Economists polled by Reuters had expected third-quarter gross domestic product to have grown 4.5% from a year earlier, slowing from 4.7% …

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