Archive for the May 6, 2017
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East Asia's three biggest economies vowed Friday to work together to help prevent market instability as tensions run high over Pyongyang's weapons programmes. North Korea's efforts to develop an arsenal of nuclear-armed missiles have fuelled
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The Bank of England on Friday made public for the first time how many special loss-absorbing bonds British-based banks must issue to prevent taxpayers having to pay for bank bailouts in the future. The bonds,
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The Bank of England on Friday made public for the first time how many special loss-absorbing bonds British-based banks must issue to prevent taxpayers having to pay for bank bailouts in the future. The bonds,
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Indonesian growth accelerated slightly in the first quarter on improving exports, official data showed Friday, but the outlook for the recovery in Southeast Asia's top economy is subdued. President Joko Widodo came to power in
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India on Friday gave greater powers to the central bank to intervene in cases of bad loans, seeking to tackle a mountain of debt that experts say is holding back the economy. The move authorises
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Development of London's financial centre will "stall" owing to Brexit, but is unlikely to "totally reverse", Goldman Sachs chief executive Lloyd Blankfein said in an interview broadcast Friday. "It will stall, it might backtrack a
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US job growth rebounded sharply in April and the unemployment rate dropped to a near 10-year low of 4.4 percent, signs of a tightening labour market that could seal the case for an interest rate
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Danish bank Saxo said on Friday that Chinese carmaker Geely, the owner of Volvo, would become its largest shareholder by buying around 30 percent of its capital. Denmark's leading multi-asset trading and financial-technology firm said
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Canada's unemployment rate fell 0.2 percentage points to 6.5 percent in April - the lowest it has been since 2008, the government statistical agency said Friday. The actual number of people working in April changed
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German sporting goods maker Adidas on Thursday said it was confident of meeting its objectives for the year, after a huge leap in profits in the first quarter. Net profit at the group grew 29.6
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