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Australian cancer specialist Richard Scolyer dies at 59 after pioneering treatment

WELLINGTON, June 8 (Reuters) - Richard Scolyer, the Australian cancer specialist who became a test case for an experimental treatment after being diagnosed with an aggressive brain tumour, has died aged 59, prompting tributes to a researcher whose work helped transform melanoma care. He died ...
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‘Scary Movie’ tops box office, slaying ‘Masters of the Universe’ and adding to low-budget streak

NEW YORK (AP) - The summer box office is booming - but not because of the usual suspects. After three weeks of indie horror dominance at the box office, the slasher spoof "Scary Movie" topped ticket sales with $55 million over the weekend, according ...
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Morning Bid: Blistering AI rally turns ugly

A look at the day ahead in European and global markets from Rae Wee An ugly selloff in technology stocks swept across Asia on Monday as investors slammed the brakes on the red-hot AI rally, with a more than 8% fall in South Korea's KOSPI ...
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Goldman Sachs pushes Fed rate-cut call to 2027 on strong US jobs data

June 8 (Reuters) - Goldman Sachs expects the U.S. Federal Reserve to keep rates unchanged through 2026 and delay rate cuts until 2027, it said on Friday, citing stronger economic activity and job growth after a robust payrolls report. The brokerage now expects rate cuts ...
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China exports set for strong May on front-loaded orders, chip demand: Reuters poll

BEIJING, June 8 (Reuters) - China's export growth likely strengthened in May, underpinned by a backlog of overseas orders brought forward to pre-empt energy price pressures tied to the Gulf war, alongside sustained global demand for semiconductors and AI-related components. Exports from the world's second-largest ...
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Oil prices rise more than $2 on Israel strikes on Lebanon

By Colleen Howe BEIJING, June 8 (Reuters) - Oil prices were up more than $2 a barrel on Monday after Israel on Sunday launched renewed strikes on Lebanon despite a truce between the two countries, eroding hopes for an end to the wider war and ...
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China says ‘illegal’ outbound investment crackdown won’t lead to forced liquidation

June 8 (Reuters) - China's crackdown on "illegal" cross-border investment won't lead to mainlanders' offshore accounts being closed and assets liquidated forcibly, the securities regulator said, amid investor concerns over the fate of $54 billion worth of assets. Some savers from mainland China are travelling ...
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Asia markets brace for selling after tech rout hits Wall Street

SINGAPORE, June 8 (Reuters) - Asian markets were poised to fall on Monday after Wall Street's nine-week winning streak ended in heavy tech selling, while Israeli strikes on Beirut sent oil and the dollar higher. Futures and Friday's U.S. exchange-traded fund ...
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5 people hurt in stabbings at New York’s Penn Station with a suspect in custody, authorities say

NEW YORK (AP) - Five people were injured after a series of stabbings at New York's Penn Station on Sunday evening and a suspect is in custody, authorities said. Paramedics responded around 7 p.m. and found one victim with a serious injury, two with ...
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Psychiatrist Robert Coles, Pulitzer Prize-winning author who championed needs of children, dies

Harvard University professor Robert Coles, the psychiatrist and Pulitzer Prize-winning author who championed the cause of children grappling with poverty and segregation, has died at 97, his son said Sunday. The son, also named Robert Coles, told The Associated Press that his father died Thursday ...
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Tech stocks dive as Fed bets rattle AI rally

SINGAPORE, June 8 (Reuters) - Asian markets extended last week's bruising selloff with high-flying semiconductor stocks taking the heaviest beating and South Korea's KOSPI sinking more than 4.5%. U.S. markets fell sharply on Friday when strong jobs data lifted the odds of a rate hike ...
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Dollar climbs to two-month peak as Fed hike bets ramp up

By Rae Wee SINGAPORE, June 8 (Reuters) - The dollar was perched near a two-month high on Monday after a blowout U.S. jobs report sent traders ramping up bets on a Federal Reserve rate hike this year, while the yen teetered further into the intervention ...
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