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Asia Makes a Stand as Dollar Threatens to Upend Currency Markets

(Bloomberg) Asian officials went on the offense against the resurgent dollar, with some choosing to stand together but all united in their desire for currency stability.Most Read from BloombergDubai Grinds to Standstill as Flooding Hits CityElon Wants His Money BackSingapore Loses ‘World’s Best Airport’ Crown to QatarRecord Rainfall in Dubai? Blame Climate Change, Not Cloud SeedingRed Lobster Considers Bankruptcy to Deal With Leases and Labor CostsThe latest salvo came from Japan’s currency c

Charting the Global Economy: US Jobs Surge; Taiwan Earthquake Impact

(Bloomberg) The US labor market defied projections again with the biggest jump in payrolls in nearly a year, increasing the likelihood that the Federal Reserve will delay interest-rate cuts.Most Read from BloombergSaudis Scale Back Ambition for $1.5 Trillion Desert Project NeomTurkey Joins NATO Allies in Suspending Europe Arms TreatyNY Area Rattled by 4.8 Magnitude Quake, Followed by AftershockIran Tells US to Step Aside as It Readies Response to IsraelZimbabwe Announces New Currency Called t

Indonesia Holds Rate to Preserve Rupiah Amid Lingering Risks

(Bloomberg) Indonesia’s central bank left its benchmark interest rate unchanged for a fourth straight month and reiterated that it would be on an extended pause to support a still vulnerable currency.Most Read from BloombergYour 401(k) Will Be Gone Within a DecadeLargest Covid Vaccine Study Yet Finds Links to Health ConditionsPlay VideoUS Tells Allies Russia May Launch Anti-Satellite Nuclear Weapon Into Space This YearEuropean Stocks Retreat as Earnings Disappoint: Markets WrapBank Indonesia’

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