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Author Archives: Top News Editor

China’s Exports Growth Slows; Imports Rise More Than Forecast

China’s exports increased at a slower pace in August on softening global demand, while imports growth exceeded expectations. Exports increased 5.5 percent year-on-year in August, slower than July’s initially estimated 7.2 percent growth, data from the General Administration of Customs ...

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Japan GDP Bumped Down To 0.6% In Q2

Japan’s gross domestic product was knocked down to 0.6 percent on quarter in the second quarter of 2017, the Cabinet Office said in Friday’s revised reading. Read Full Story

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U.S. Weekly Jobless Claims Jump To Two-Year High Due To Harvey

Following last Friday’s disappointing monthly jobs report, the Labor Department released a report on Thursday showing a sharp increase in first-time claims for U.S. unemployment benefits in the week ended September 2nd. The report said initial jobless claims jumped to ...

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ECB Maintains Status Quo, All Eyes On Draghi

The European Central Bank left its interest rates and asset purchases unchanged and retained its downward bias on asset purchases, thus leaving it to its chief Mario Draghi to drop any hint on the future of its massive stimulus during ...

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