Bitcoin prices plunged after one of the digital currency’s largest exchanges said it was hacked and 119,756 bitcoins were stolen, reviving memories of the money lost after Mt. Gox, the then-biggest …
Bank of Japan blames Brexit as it unleashes more monetary stimulus
The Bank of Japan has announced a modest expansion of its monetary easing programme, blaming Britain’s decision to leave the European Union as the biggest uncertainty facing world markets. Source: …
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Oil prices remain near April lows on ongoing oversupply
Oil prices on Friday remained around April lows as slowing economic growth threatened to worsen ongoing oversupply of crude and refined products. Source: Oil prices remain near April lows on …
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UK explores multi-billion pound free trade deal with China
Chancellor Philip Hammond insists EU is not in "punishment mode" over Brexit vote and tells the BBC he wants talks on developing a free trade relationship with China. Chinese state media reported …
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Japan Sees Trade Surplus in June as Imports Drop 19 Percent
Japan reports it posted a better-than-expected trade surplus in June, as imports fell nearly 19 percent, outpacing a more modest decline in exports. Source: Japan Sees Trade Surplus in June as …
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EU vows to toughen up trade defences against cheap Chinese imports
The European commission promised “faster and firmer” action against foreign producers flooding world markets with subsidised goods, dashing China’s hopes of gaining “market economy status” under …
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Yen slides as solid Chinese data bolsters risk sentiment
The yen fell broadly and hit a three-week low versus the dollar after China's second-quarter gross domestic product and June activity data pointed to stabilization in China's economy and bolstered …
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Demand for U.S. arms exports set to keep growing, official says
"International demand for U.S. weapons systems is expected to continue growing in coming years, a senior U.S. Air Force official said on Sunday, citing strong interest in unmanned systems, munitions …
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Child labor doubles in Iraq as violence, displacement hit incomes
"More than half a million Iraqi children are estimated to be at work rather than at school as violence and displacement hurt the income of millions of families, according to the United Nations …
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Brazil could sell Sao Paulo and Rio airports, president tells paper
"Brazil's government will consider selling airports in Sao Paulo and Rio to help to reduce a large fiscal deficit next year, interim President Michel Temer told the Folha de S.Paulo newspaper on …
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