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China June factory activity shows signs of stabilization

By Pete Sweeney SHANGHAI (Reuters) – China’s factory activity showed signs of stabilizing in June, with two private surveys suggesting the economy may be regaining some momentum even as many

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Greece proposals broadly accepted by creditors: economy minister

London (AFP) – Economy Minister Giorgos Stathakis said Monday that Greece’s international creditors had accepted the framework of new reforms proposed by Athens to try to reach a deal to

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Pause in South Africa policy tightening temporary: central bank

PRETORIA (Reuters) – The current pause in South Africa’s monetary policy tightening cycle is likely to be temporary, while the speed and extent of future adjustments will remain sensitive to

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GBP/USD Rally to Accelerate on Tighten Race Between BoE & FOMC

Fundamental Forecast for British Pound:Bullish GBP/USD Risks Shakeout Following the Breakout GBP/USD RSI Flirts with Overbought Territory- Retail FX Remains Short For Real-Time SSI Updates and Potential Trade Setups on

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Putin says Russia weathering sanctions, lectures West

By Denis Dyomkin and Timothy Heritage ST PETERSBURG, Russia (Reuters) – President Vladimir Putin boasted on Friday that Russia had found the “inner strength” to prevent sanctions causing a deep

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Carl Icahn rejects Donald Trump’s Treasury Secretary offer

Billionaire Carl Icahn has a message for Donald Trump: “No thanks.” Trump, who kicked off his 2016 presidential bid this week, thinks the U.S. economy need fixing. He says he’s

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Stocks rise sharply; Harley climbs on buyback plan

U.S. stock markets rose sharply in afternoon trading Thursday, putting them on pace to close higher for the third straight

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Fed wants to see ‘further improvement’ in economy

Get ready, America: an interest rate hike is on the horizon. The Federal Reserve decided not to raise interest rates

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Fed sees stronger economy but leaves key rate at record low

WASHINGTON (AP) — The U.S. economy has strengthened since a slump early this year, the Federal Reserve said Wednesday, but

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Argentina’s Scioli wants president’s right-hand man on ticket

By Sarah Marsh and Walter Bianchi BUENOS AIRES (Reuters) – Daniel Scioli, the front-running candidate for the ruling party in

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Fed likely to signal coming rate hike if economy strengthens

WASHINGTON (AP) — With evidence that the U.S. economy is rebounding from a winter slump, the Federal Reserve will likely

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China trying a policy twist to cut borrowing costs

By Kevin Yao and Nathaniel Taplin BEIJING (Reuters) – China is looking for new ways to lower stubbornly high long-term

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China trying a policy twist to cut borrowing costs

By Kevin Yao and Nathaniel Taplin BEIJING (Reuters) – China is looking for new ways to lower stubbornly high long-term

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Russia cuts interest rate further in bid to stir economy

Moscow (AFP) – Russia’s Central Bank on Monday cut its key interest by one point to 11.5 percent as it

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RBI to pause in the next policy: Emkay

Emkay’s report on economy IIP and CPI ReviewPositive surprise in IIP contrast dismal corporate performance; CPI in lineUnexpected surge

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China’s May bank loans, money supply quicken as central bank eases policy

BEIJING (Reuters) – China’s banks made 900.8 billion yuan ($ 145.15 billion) worth of new loans in May, in line

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South Korea cuts interest rate to record low 1.5 percent

South Korea’s central bank slashed on Thursday its benchmark interest rate by a quarter basis point to another all-time low

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Slovak PM taps controversial ex-banker as economy minister

Bratislava (AFP) – Slovakia’s leftist Prime Minister Robert Fico on Wednesday tapped controversial former high-flying banker Vazil Hudak as economy

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New Zealand cuts rates 0.25 points to 3.25 percent

New Zealand’s central bank cut interest rates for the first time in more than four years on Thursday, trimming the

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