• Trump raises prospect of decoupling US economy from China

    8 Sep 2020 01:54 PM |

    In a press conference on Monday evening, President Trump

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  • Oil slumps for fifth session in a row on demand fears

    8 Sep 2020 01:39 PM |

    Oil plunged to below $42 a barrel today, marking its fifth consecutive, driven by fears that the recovery in global demand may falter as fears of a second wave of the pandemic mount.

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  • Japanese economy contracting by its worst pace ever putting huge pressure on next Japan leader

    8 Sep 2020 11:39 AM |

    Figures released by the Japanese Cabinet Office showed a decrease in gross domestic product of 7.9% in the second quarter of 2020 compared to the previous quarter, which represents a decline of 28.1% on yearly basis and is the

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  • Germany's trade surplus widened in July

    8 Sep 2020 11:35 AM |

    Germany's foreign trade surplus reached 18.0 billion euros in July; data released by the country's Federal Statistical Office showed on Tuesday.

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  • Oil continues to fall after Saudi price cut

    7 Sep 2020 12:35 PM |

    Oil prices have resumed their fall at the beginning of the week

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  • PBOC injects $ 14.6 billion into market to ensure liquidity

    7 Sep 2020 12:13 PM |

    The People's Bank of China announced on Monday that it has injected 100 billion yuan, or $14.6 billion, into the market to maintain liquidity amid the global economic crisis

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  • China's trade surplus shrank in August

    7 Sep 2020 11:12 AM |

    China's General Administration of Customs reported on Monday that China's trade surplus narrowed to 416.6 billion yuan ($58.9 billion USD) in August, compared with 442.23 billion yuan ($62.33 billion) in July.

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  • German factory orders rose in July

    4 Sep 2020 01:08 PM |

    The German Federal Statistics Office has issued a provisional report stating that seasonally and price-adjusted new factory orders in Germany increased by 2.8% in July compared to June – when orders

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