Archive for the December 29, 2018
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British shares jumped from multi-year lows on Friday thanks to relief spilling over from the United States where stocks sprang back on Thursday following steep losses as a turbulent 2018 neared its end. The FTSE
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Japan's industrial output contracted in November and partially reversed the previous month's gain, while retail sales slowed sharply as increasing global risks drag on demand and threaten the country's export-reliant economy. The 1.1 percent month-on-month
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China's monetary policy stance has not shifted, but a greater focus will be placed on flexible policymaking to adjust to changes, a central bank official said, with the Chinese economy widely expected to face more
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British music retailer HMV, which was launched by English composer Edward Elgar in 1921 and helped propel the Beatles to fame, collapsed into administration on Friday as consumers switch to digital streaming in droves. His
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Inflation in Germany eased sharply in December, according to preliminary data published Friday, marking a second month of slowing price gains. Consumer prices rose 1.7 percent year-on-year, said federal statistics authority Destatis in a statement.
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Turkish annual inflation is expected to fall to 20.52 percent in December, declining for a second month from a 15-year peak in October, a Reuters poll showed on Friday, as tax cuts and discounted products
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Cash-strapped Cuba plans fresh austerity measures and will pressure the sluggish bureaucracy to tighten its belt and cut red tape to address weak growth, falling export earnings and rising debt. The economy has averaged 1
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Contracts to buy previously owned homes fell unexpectedly in November, the National Association of Realtors said on Friday, the latest sign of weakness in the US housing market. The NAR's pending home sales index decreased
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A decline in the number of mortgages approved by British high-street banks flattened out last month, with the first year-on-year rise since September 2017, figures from industry group UK Finance showed on Friday. Britain's housing
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The United Nations on Friday welcomed a decision by Yemen's government to pay the salaries of civil servants in the rebel-held city of Hodeida starting this month. For more than two years, the government has
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