Reuters

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US banks face scrutiny as Fed rate decision looms

A scramble by troubled U.S. lender First Republic Bank (FRC.N) to secure a capital infusion kept worries about the broader banking sector alive on Wednesday as authorities considered steps …

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TikTok CEO: App has never shared US data with Chinese government

TikTok CEO Shou Zi Chew will tell lawmakers the Chinese-owned short video app with more than 150 million American users has never, an…

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Australia's Latitude at all-time low on more evidence of large-scale data theft

Shares of Latitude Group Holdings (LFS.AX) slumped to their all-time low on Wednesday after the fintech firm unearthed further evidence of large-scale information theft affecting former an…

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Asia shares hope for best as Fed decides on rates

Asian shares staged a cautious bounce on Wednesday with hopes a global banking crisis would be averted vying with uncertainty over the outlook for U.S. interest rates as the Federal Reserve holds a high-stakes meeting on policy.

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Nvidia tweaks flagship H100 chip for export to China as H800

Nvidia Corp (NVDA.O), the U.S. semiconductor designer that dominates the market for artificial intelligence (AI) chips, said it has modified its flagship product into a version that is leg…

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Mexico makes lots of electric cars, but few Mexicans drive them

With Tesla Inc's plan to open a $5 billion Gigafactory in Mexico, the country should soon become a hub of electric vehicle (EV) production, but the zero emissions cars remain too expensive for most Mexicans and they are impractical to drive in much of the cou…

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Morning Bid: Hoping Powell sheds light in fog of uncertainty

A look at the day ahead in Asian markets from Jamie McGeever.

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Analysis: Market turmoil is doing central bankers' jobs for them

Tighter financing conditions in markets sparked by banking sector turmoil may have done much of central banks' jobs for them, boosting the case for an end to interest rate hikes soon.

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Microsoft wins dismissal of gamers' suit over $69 billion Activision deal

Microsoft Corp (MSFT.O) on Monday won dismissal of a private consumer antitrust lawsuit over its $69 billion proposed purchase of "Call of Duty" maker Activision Blizzard Inc (MSFT.O) on Monday won dismissal of a private consumer antitrust lawsuit over its $69 billion proposed purchase of "Call of Duty" maker Activision Blizzard Inc '; }else{ content = '(MSFT.O) on Monday won dismissal of a private consumer antitrust lawsuit over its $69 billion proposed purchase of "Call of Duty" maker Activision Blizzard Inc '; }document.write(content);

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Putin meets 'dear friend' Xi in Kremlin as Ukraine war grinds on

Vladimir Putin and his "dear friend" Chinese leader Xi Jinping planned more talks on Tuesday after a Kremlin dinner where the isolated Russian president curried favour with his most powerful ally in the face of Western opposition to the war in Ukraine.