As Indian Prime Minister Narendra Modi prioritizes national security messaging as part of his reelection campaign, he’s made controversial moves in the disputed Himalayan valley of Kashmir. That’s raised fears of fresh instability in a powder keg region already prone to frequent eruptions of violence. Modi, still vulnerable from December’s narrow election victory in his […]
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Greek bonds are now safer for investors — and will only get safer, EU official says
Greek government debt has become more favorable to international investors thanks to a recent debt deal, and will only continue along this path, according to a key EU finance official. Greek bonds are often the first in the firing line during bouts of market turmoil. Yields — which have an inverse relationship to prices — […]
Read moreConcerns about oil and other commodities have been “oversold,” and even those most exposed to the risks of a U.S.-China trade war are worth buying, Goldman Sachs said in a Wednesday research note. In June, some commodities saw traders concerned about demand weakness in emerging markets, trade war rumblings, and oil producers’ decision to increase […]
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US tariffs are an ‘unnecessary test’ to Europe’s economic recovery, top finance chief says
Higher trade tariffs coming from the U.S. are not what the euro zone needs right now following several years of a promising recovery, a high-ranked European official told CNBC. The 19-member region that shares the single currency has been growing at a gradual pace over the last two years following a sharp downturn due to […]
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US tariffs are a ‘necessary test’ to Europe’s economic recovery, top finance chief says
Higher trade tariffs might just be what the euro zone needs to check how its economy is actually performing after several years of promising growth, a high-ranked European official told CNBC. The 19-member region that shares the single currency has been growing at a gradual pace over the last two years following a sharp downturn […]
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European markets seen slightly lower ahead of US-Sino tariff deadline
European stocks are set to open slightly lower Thursday morning, with market players in a state of anxious uncertainty ahead of a U.S. deadline to impose tariffs on Chinese products. The FTSE 100 is seen 3 points lower at 7.563; the CAC is expected to open down around 1 point at 5,314 while the DAX […]
Read moreWhen Nadiem Makarim launched Indonesian ride-hailing service Go-Jek back in 2010, he couldn’t have anticipated its runaway success. For him, it was simply a way of improving his country’s flailing motorcycle taxi industry. But, within six short years, Makarim had gone down in the history books as the founder of Indonesia’s first unicorn — a […]
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