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Author Archives: Top News Editor

Singapore Exports Fall Most In More Than 3 Years

Singapore’s non-oil domestic exports declined the most in more than three years in May as shipments to almost all major markets, especially to China, plunged from a year ago amid escalating trade disputes. NODX fell 15.9 percent in May from ...

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BCC Trims UK Growth Outlook

The British Chambers of Commerce downgraded its growth outlook for next year as unwinding of historically-high inventory levels amid weak business investment weigh on economic activity. In the latest economic forecast, released Monday, the growth projection for 2020 was lowered ...

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Dollar Rises On Strong Retail Sales Data

Buoyed by data showing a jump in retail sales in the month of May, the U.S. dollar moved higher against most major currencies on Friday, even as traders continued to hope the Federal Reserve will cut interest rates this year. ...

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China Industrial Production Growth Weakens

China’s industrial output grew at a weaker pace in May as higher tariffs imposed by the US administration dented production meant for exports. Data from the National Bureau of Statistics showed that industrial production advanced 5 percent year-on-year in May, ...

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