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Wall Street revives Russian bond trading after US go-ahead

Wall Street revives Russian bond trading after US go-ahead

Several major Wall Street banks have begun offering to facilitate trades in Russian debt in recent days, according to bank documents seen by Reuters, giving investors another chance to dispose of assets widely seen in the West as toxic. Most U.S. and European banks had pulled back from the market …

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Japan’s GDP expands in Q2 after Covid curbs lifted

Japan's GDP expands in Q2 after Covid curbs lifted

Japan’s economy expanded in the three months to June, official data showed Monday, after the government lifted Covid-19 curbs on businesses. The world’s third-largest economy grew 0.5% quarter-on-quarter due to stronger consumption and capital investment. While the country never imposed strict stay-at-home orders during the pandemic, the government in March …

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US lawmakers arrive in Taiwan as China tensions simmer

US lawmakers arrive in Taiwan as China tensions simmer

A delegation of U.S. lawmakers arrived in Taiwan on Sunday for a two-day trip during which they will meet President Tsai Ing-wen, the second high-level group to visit while there are military tensions between the self-ruled island and China. Beijing, which claims Taiwan as its own territory, has conducted military …

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Vietnam considers $58.7 billion high-speed railway

Vietnam considers $58.7 billion high-speed railway

Vietnam is considering building a high-speed railway that runs along the country’s length with a possible price tag of up to $58.7 billion, the government said on Sunday. The Southeast Asian country’s transport ministry will next month submit a proposal to build the 1,545 km (960 miles) railway to the …

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