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World markets turn lower ahead of comments by Fed chair

Jul 17, 2018

World stock markets are mostly lower as investors looked ahead to Federal Reserve Chairman Jerome Powell's testimony to Congress for clues on U.S. interest rates.

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Kim slams local North Koreans for unfinished power plant

Jul 17, 2018

NKorean leader blasts local officials over unfinished hydroelectric plant as he struggles to boost the economy

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Asian stocks fall, weighed by tensions over US trade tariffs

Jul 17, 2018

Asian markets are lower as mounting tensions over U.S. tariffs overshadowed data suggesting global growth was still on track

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Financial forum: Virtual currencies need close monitoring

Jul 16, 2018

An international forum on financial regulation say virtual currencies such as Bitcoin do not now pose a threat to global stability but cautions that "vigilant monitoring" is needed in light of a rapidly changing market

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Asian shares mostly higher; Japan's Nikkei up on weak yen

Jul 13, 2018

Asian shares mostly higher, led by advance in Japan as yen dips against dollar

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Trade war fears a clear concern of European bank officials

Jul 12, 2018

Top officials at the European Central Bank expressed confidence at their last policy meeting that the eurozone economy remains "broadly on track"

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South Korea's central bank cuts outlook on trade battle

Jul 12, 2018

South Korea's central bank has cut its forecast on the South Korean economy, citing mounting uncertainties from the U.S.-China trade battle

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Moon vows to increase trade with Singapore, Southeast Asia

Jul 12, 2018

South Korea's president has pledged to increase trade with Singapore as part of a strategy to raise its economic influence in the region

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ECB taking action to reduce bad loans at eurozone banks

Jul 11, 2018

The European Central Bank says it's taking further steps to reduce the amount of bad loans carried by banks _ a factor that hindered economic recovery and complicated debate on strengthening the setup of the euro

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World markets tumble as US, China intensify their trade war

Jul 11, 2018

Global stocks are sharply lower after Beijing hit back at U.S. plans for tariffs on $200 billion more Chinese exports

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