Archive for  September 2019
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Major Japanese trading house Mitsubishi Corp said Friday it was carrying out an investigation after its Singapore-based subsidiary lost $320 million because of unauthorised trades by an employee. In a statement, the firm said the
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The New York Federal Reserve Bank said Friday it will inject billions into the US financial plumbing on a daily basis for the next three weeks in an effort to prevent a spike in short-term
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China marginally cut its new one-year benchmark lending rate for the second month in a row on Friday, as the central bank seeks to guide borrowing costs lower for an economy hit by the Sino-US
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State-rescued Royal Bank of Scotland on Friday promoted Alison Rose to the post of chief executive, making her the first female boss of a major UK lender. Rose, deputy-head of the group's NatWest Holdings retail
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US President Donald Trump said his administration was "making a lot of progress" with China on Friday, as deputy-level trade talks continued for a second day and Washington lifted tariffs on over 400 Chinese products.
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Indian shares notched their best day in more than a decade after the government announced deep cuts in corporate taxes to revive flagging growth in Asia's third-largest economy. Finance Minister Nirmala Sitharaman said the effective
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Japanese stocks ended higher on Friday and posted their third straight week of gains as consumer-related shares rose on speculation the Bank of Japan will follow other central banks and ease policy next month. The
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The Wall Street's main indexes dropped on Friday, after the Montana Farm Bureau said Chinese agriculture officials who were due to visit US farm states next week canceled their trip, dampening optimism on US-China trade
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Wall Street ended mixed on Thursday, with a gain in Microsoft offsetting a dip in Apple, a day after the Federal Reserve cut interest rates as expected and left the door open for further monetary
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Hong Kong stocks closed the week lower amid lingering worries that anti-government protests could add pressure on the city island's economy amid a bruising Sino-US trade spat. The Hang Seng index ended down 0.1% at
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