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Indonesia grabs upper hand over India in Asia high-yield battle

Bloomberg In the battle between Asia’s two highest-yielding major bond markets, Indonesia once again appears poised to gain the upper hand over India. Global money managers are increasingly shunning Indian securities as Narendra Modi’s government hands out billions of dollars in tax cuts and subsidies to boost the prime minister’s appeal ahead of elections, blowing through the nation’s deficit target ...

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CEOs seek Trump help to sell N-plants abroad

Bloomberg US nuclear energy developers met with President Donald Trump and asked for help winning contracts to build power plants in the Middle East and elsewhere overseas. “There is competition around the globe, and we want to be part of it,” said Chris Crane, the chief executive officer of Exelon Corp., the largest US operator of nuclear plants, following the ...

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US inflation contained as rates held steady

Bloomberg A key measure of US inflation was little changed in January while the broader gauge slowed on lower energy costs, underscoring the Federal Reserve’s recent decision to be patient on raising interest rates. Excluding food and energy, the so-called core consumer price index rose 0.2 percent from the prior month and 2.2% from a year earlier, according to a ...

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