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Author Archives: Top News Editor

U.S. Economic Growth Stable At 2.1% In Fourth Quarter

U.S. economic growth in the fourth quarter continued at the same pace as in the previous quarter, according to a report released by the Commerce Department on Thursday. The Commerce Department said real gross domestic product climbed by 2.1 percent ...

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Bank Of England Holds Rate, Cuts Growth Outlook

The Bank of England kept its interest rate and quantitative easing unchanged on Thursday, as clarity over Brexit and government spending measures underpin near-term growth. At the final meeting of Mark Carney as BoE Governor, the monetary policy committee decided ...

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Hong Kong Exports Fall Most In A Decade

Hong Kong’s exports decreased at the fastest pace in a decade in 2019, a year in which widespread anti-government protests hampered economic activity in the city. However, exports’ growth in December beat expectations. Exports fell 4.1 percent in 2019, which ...

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UK Car Production Declines For Third Year: SMMT

UK car production decreased for the third consecutive year in 2019 to the lowest in nine years on weak sentiment at home and slower demand from overseas markets, the Society of Motor Manufacturers and Traders, or SMMT, reported Thursday. Car ...

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Dollar Stays Firm, Gains Against Rivals

The U.S. dollar remained steady and stayed stronger against most major currencies on Wednesday, reacting to the latest batch of economic data and the Federal Reserve’s monetary policy announcement. Read Full Story

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