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S Korean truckers vote to end two-week strike

Bloomberg South Korean truck drivers voted to end a two-week strike that has disrupted supply chains of key export industries. A majority of union members who voted agreed to return to work, according to an emailed statement. That came after the government ordered striking truckers in the steel and petrochemical industries back to work. The truckers’ strike has added to ...

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China embargo on Taiwan fish deepens in wake of Pelosi trip

Bloomberg China has dramatically scaled back purchases of Taiwanese fish this year, as Beijing seeks to punish the island’s democratically elected government for expanding ties with the US and its allies. China imported $56 million worth of fish and crustaceans in the six months from May to October, compared with $138 million during the same period a year earlier, according ...

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Canada bank regulator raises capital buffer as risks mount

Bloomberg Canada’s banking regulator increased a key capital requirement for large banks — and raised the potential range of the measure — giving it more power to protect the country’s financial system from elevated risks. The Office of the Superintendent of Financial Institutions (OSFI) said that it’s lifting the domestic stability buffer to 3% by February 1, up from its ...

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