Archive for the August 27, 2019
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China's yuan fell to an 11-year low in the onshore market and a record low offshore on Monday after the latest escalation in the US-China trade war rattled investor confidence. President Donald Trump announced an
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South Africa's rand firmed in afternoon trade on Monday as the United States and China sought to ease trade war tensions while investors also looked to a slew of domestic economic data later in the
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Most emerging Asian currencies slipped on Monday, tracking the broader sell-off in equity markets, as investors scurried away from risky assets amid intensifying Sino-US trade tensions. US President Donald Trump on Friday heaped an additional
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The Australian and New Zealand dollars received more lashings on Monday as a tit-for-tat escalation in the Sino-US trade war led nervous investors to the safety of bonds and the Japanese yen. Analysts fear the
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The Turkish lira weakened more than 1% against the dollar on Monday, after briefly tumbling to 6.47 overnight in what market watchers described as a "flash crash" as Japanese investors cut risk assets over Sino-US
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The Canadian dollar edged higher against the greenback on Monday as risk sentiment improved, but held in the middle of its tight recent range as investors continued to focus on the fallout of the US-China
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Nearly eight months after former opposition chief Felix Tshisekedi was elected president, the Democratic Republic of Congo on Monday unveiled a coalition government dominated by supporters of his predecessor, Joseph Kabila. "The government is finally
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A military flight instructor was presumed dead after his plane crashed on Monday at sea off the southeastern coast of Spain, the air force said. The C-101 - the same aircraft used by Spain's air
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The United Nations called Monday for "maximum restraint" by all parties after a reported drone attack in a Hezbollah stronghold south of Beirut that was blamed on Israel. Spokesman Stephane Dujarric said the UN was
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Facebook scored an interim victory when a German court Monday temporarily suspended restrictions the national competition watchdog had placed on the social network's data collection practices. The Federal Competition Office (FCO) immediately said it would
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