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July 25, 2016 12:10 pm

G20 countries agreed to work to support global growth and better share the benefits of trade, in a meeting dominated by the impact of Brexit and fears of rising protectionism.

China's Premier Li Keqiang (C) speaks at a news conference at the 1+6 Roundtable on promoting growth in the Chinese and global economies at the Diaoyutai State Guesthouse in Beijing, China, July 22, 2016. China Daily/via REUTERS ATTENTION EDITORS - THIS PICTURE WAS PROVIDED BY A THIRD PARTY. EDITORIAL USE ONLY. CHINA OUT. NO COMMERCIAL OR EDITORIAL SALES IN CHINA.
July 24, 2016 4:47 pm

Duties on the materials, used in power transformers and electric motors, will range from around 37 to as high as 46.3 percent, the commerce ministry said on its website.

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July 22, 2016 8:24 pm

The preliminary reading compared with 52.4 in June and crucially took the PMI below the boom-or-bust 50 points barrier that signals contraction, Markit said.

A currency trader walks by the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. Dollar and South Korean Won at the foreign exchange dealing room in Seoul, South Korea, Wednesday, July 20, 2016. Asian stock markets were mixed Wednesday as investors reassessed the global economy following the International Monetary Bank's global growth cut. They remained keen on corporate earnings reports and also on the European Central Bank's policy meeting later in the week. (AP Photo/Lee Jin-man)
July 22, 2016 4:49 pm

The Bank of Korea said Friday that its estimates showed the impoverished economy likely contracted mainly because of a huge downturn in power generation and manufacturing.

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July 22, 2016 2:38 pm

"It might be a little bit early to draw firm conclusions but it certainly looks as though the second half of the year will be weaker than the first." said analyst Philip Shaw.

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July 22, 2016 8:51 am

The dollar stood little changed at 105.84 yen after coming off its peak of 107.49, its highest in six weeks, the previous day.

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July 22, 2016 2:55 am

We have no doubt that these mergers would reduce competition from what it is today, said Principal Deputy Associate Attorney General William Baer, who spearheaded the antitrust reviews.

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July 21, 2016 8:15 am

Saudi Aramco says the Fadhili project will increase the kingdom's natural gas production to 17 billion standard cubic feet per day by 2020.

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July 21, 2016 1:09 am

The settlement requires ABI to divest SABMiller's entire U.S. business - including SABMiller's ownership interest in MillerCoors,the worldwide Miller beer brand rights.

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July 20, 2016 3:34 pm

Last week the British central bank surprised markets by keeping interest rates on hold, rather than cutting them to a record low.

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July 20, 2016 10:45 am

The CSI300 index was unchanged at 3,247.90 points at the end of the morning session, while the Shanghai Composite Index was also unchanged at 3,035.87 points.

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July 19, 2016 11:46 pm

IMF cited uncertainty from Britain's vote last month to quit the European Union as a major factor for its downgrade

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July 19, 2016 1:57 pm

The popularity of Pokemon GO is producing an unexpected boom in some shares that have a scant link to the game.

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July 18, 2016 9:40 am

Non-oil domestic exports fell 2.3 percent last month from a year earlier, the trade agency International Enterprise Singapore said in a statement on Monday.

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July 18, 2016 9:12 am

The US dollar gained on the yen in Asia on Monday as investors unwound safe-haven trades in the wake of the attempted coup in Turkey

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July 14, 2016 11:49 am

Oil prices have fluctuated between $44 and $52 a barrel over the past month after hitting near 13-year lows below $30 in February.

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July 14, 2016 8:55 am

Wall Street shares have quickly recovered the losses triggered by Britain's vote on June 23 to leave the European Union, driven by upbeat US economic data.

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July 13, 2016 8:58 am

Theresa May is due to become the Britain's new prime minister on Wednesday after the ruling Conservative Party's leadership contest was cut short when her only remaining rival dropped out of the race on Monday.

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July 13, 2016 2:02 am

"There are no good alternatives, from an income standpoint, to the US equity markets at this point, and that's driving the momentum today," said US Bank Private Client Group chief investment officer.

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July 12, 2016 8:00 pm

The IMF said in its formal annual review of the US economy and policies that the Brexit vote has prompted a rise in the dollar that has been less than feared, up about 1 per cent in nominal effective terms.

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July 12, 2016 7:50 pm

The outcome of last month's British referendum has rocked financial markets on the continent, with the threat of a recession in one of the single currency area's main trading partners increasingly being seen as a certainty.

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July 12, 2016 8:56 am

With major political developments back home in Australia and in the UK, market experts believe the whole situation is giving investors lot to cheer

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July 12, 2016 8:47 am

On Wall Street, the S&P 500 index on Monday broke a new record high, its first in more than a year, extending its gain after Friday's bumper job figures reduced worries about slowdown in employment.

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July 12, 2016 8:38 am

Stock market experts believe that a strong Wall Street and upbeat second-quarter earnings guidance from many of the local companies pulled equities up.

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July 12, 2016 8:23 am

Toyota Motor Corp soared 4.1 percent, Honda Motor Co gained 4.4 percent and Panasonic Corp jumped 5.5 percent.

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July 12, 2016 4:49 am

According to IMF predictions, Italy, long one of Europe's most sluggish economies, will struggle to close the gap with its peers even if recent reforms are fully implemented.

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July 12, 2016 3:59 am

The gains on Wall Street reflected continued momentum from Friday's surprisingly strong US jobs report, which raised hopes that the American economy was strengthening.

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July 11, 2016 9:56 am

Traders also noticed that the direction of the fixing was not in line with market expectations of the midpoint to weaken slightly but the central bank strengthened it instead.

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July 11, 2016 9:04 am

The Asian rebound came after news the US economy added 287,000 jobs last month, well above median forecasts and recovering from a very weak May report.

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July 8, 2016 3:55 pm

Bond market issuance has shifted towards lower maturities over the past year and a half, which leaves the market vulnerable to sudden downturn in the event of sharp funding crunch.

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July 8, 2016 3:40 pm

Businesses that rely on EU workers say the uncertainty has already created hardship for their staff and hurt their recruitment plans.

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July 8, 2016 10:19 am

The release of the US jobs report later in the session will give investors a brief chance to shift their focus away from the aftermath of Brexit.

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July 8, 2016 3:05 am

The Dow Jones industrial average fell 22.74 points, or 0.13 percent, to 17,895.88, the S&P 500 lost 1.83 points, or 0.09 percent, to 2,097.9.

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July 7, 2016 10:49 am

With past overseas events of similar importance, such as the euro zone debt crisis, it has taken the Fed months to get clarity.

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July 7, 2016 8:35 am

The Aussie initially fell half a US cent to $0.7470 after Standard and Poor's cut the country's outlook to negative from stable citing a need for fiscal repair.

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July 6, 2016 9:40 am

The euro jumped as high as 86.26 pence, its highest since August 2013, and was last up 0.9 percent at 85.76 pence.