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European shares higher on possible Fiat-Renault merger, EU vote in focus

(Reuters) – European shares rose on Monday as a possible Fiat Chrysler-Renault merger thrust auto stocks higher, while investors assessed the results of the...

BOJ’s Kuroda says G20 to discuss global economic imbalances

TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda said on Monday that Group of 20 meetings this year will discuss global economic imbalances. Kuroda...

Political disarray in Papua New Guinea rocks Oil Search shares

SYDNEY/MELBOURNE (Reuters) – Political turmoil in Papua New Guinea threatened to delay a $13 billion plan to double the country’s gas exports, sending shares...

China’s industrial profits shrink in April, add to pressure on economy

BEIJING (Reuters) – Profits for China’s industrial firms dropped in April on slowing demand and manufacturing activity, suggesting the previous month’s rebound may have...

Euro holds steady after EU vote shows pro-Europe parties cling to...

By Hideyuki Sano TOKYO (Reuters) – The euro barely budged in early Monday trade after pro-European Union parties held on to two-thirds of seats in...

Oil prices rise amid OPEC supply cuts, but trade worries weigh

By Henning Gloystein SINGAPORE (Reuters) – Oil prices rose on Monday as ongoing supply cuts led by producer club OPEC kept markets relatively tight, but...

China auto sales to show flat growth in 2019: Xinhua

SHANGHAI (Reuters) – China’s automobile sales will reach around 28.1 million units this year, unchanged from 2018 levels, state news agency Xinhua reported on...

Cash stays king as nervous investors stash dough ahead of summer...

By Josephine Mason and Thyagaraju Adinarayan LONDON (Reuters) – Cash is still king for investors heading into the summer slowdown. Stashing cash started during the global...

Australia property sees ray of hope on looser mortgage rules, rate...

By Swati Pandey SYDNEY (Reuters) – Australia’s crumbling housing market looks set to stabilize over coming months as hopes of interest rate cuts and loosening...

China’s East Hope Group considers $10 billion investment in UAE

ABU DHABI (Reuters) – China’s East Hope Group is evaluating plans to invest $10 billion in an industrial zone in the United Arab Emirates,...
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