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Major Australian pension fund trimming US dollar exposure on weakening outlook
Australia’s second-biggest pension fund says it is reducing its exposure to the US dollar through currency hedging as falling interest rates...
As US orders fade, Chinese salespeople face tough grind in new markets
Some salespeople said orders from the new markets were often smaller in volume and less lucrative than US sales, resulting in lower commissions and...
Indonesia’s rupiah hits record low on central bank independence worries
Indonesia’s rupiah hit a record low against the dollar on Tuesday as investors fretted about the country’s central bank independence after...
