Japanese stock market takes a step back
The Japanese stock exchange ended on a loss on Wednesday. Investors decided to take some profit after the recent strong rise. An increase in the Japanese yen also…
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David Lipton appointed as an acting director of IMF
Vice President David Lipton will take the role of acting director at the International Monetary Fund (IMF), now that Christine Lagarde, director has been nominated to become the…
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Australian central bank lowers interest rates
The Reserve Bank of Australia has lowered interest rates in the country to the lowest level ever. The central bank lowered the most important interest rate by a…
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Gold price fell considerably after trade consultations
The gold price fell sharply on Monday due to positive talks about trade negotiations between US President Donald Trump and his Chinese counterpart Xi Jinping at the G20…
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Business activity in China is declining
The activity in the large Chinese industry shrunk in June compared to a month earlier. This is according to figures from research agencies Markit and Caixin. The purchasing…
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Boris Johnson favours increase of spending to promote growth
Conservative party member Boris Johnson, the dyed-in favorite to succeed Prime Minister Theresa May in Downing Street 10, is willing to raise the British government loan to implement…
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London Eye is about to change the owner
Merlin Entertainments, primarily known as the operator of the Legoland Resorts and wax museum Madame Tussauds, is about to change hands. Blackstone and a Canadian pension fund are…
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