Archive for the September 29, 2019
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US stocks fell on Friday after reports that the Trump administration was considering delisting Chinese companies from US stock exchanges, raising worries about a further escalation in the US-China trade war. The move would be
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Kenya and Tanzania's shillings and Zambia's kwacha are expected to be stable against the dollar over the next week, traders said. KENYA - The Kenyan shilling is forecast to hold steady due to tightening liquidity
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Latin America's top currencies are poised to remain weak in coming months as central banks in Brazil and Mexico keep on easing to revive growth, with worries over Argentina's financial problems adding to a softer
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The Canadian dollar strengthened to an 11-day high against its US counterpart on Friday as the Bank of Canada's willingness to keep interest rates on hold in the face of economic uncertainty helped "anchor" the
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Speculators increased their net long dollar position in the latest week, according to calculations by Reuters and US Commodity Futures Trading Commission data released on Friday. The value of the dollar's net long position, derived
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Investors scaled back short positions on currencies of trade-reliant Asian economies over the past two weeks, a Reuters poll showed, as optimism grew that the United States and China would clinch a trade deal at
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The euro fell to more than two-year lows against the US dollar on Friday as a weak growth outlook weighed on the single currency, though it rebounded after testing technical support levels. Dismal business activity
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The world's two largest consumer goods companies, Nestle SA and Procter & Gamble Co, have acknowledged they will fall short of goals to use only those ingredients that do not contribute to deforestation in their
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Nobel prize-winning economist Joseph Stiglitz said the global economy is entering a severe slowdown, but told AFP in an interview he did not see it hurtling towards crisis. "I would say that I don't see
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Brazil's unemployment rate held steady at a 11.8% in the three months through August, statistics agency IBGE said on Friday, suggesting the gradual but steady improvement in the labor market seen in recent months has
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