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China Takes Strong Steps to Battle Banking, Financial Concerns

On Wednesday, China took hard-hitting steps to fight off indications of growing risks in its financial and banking system, showing detailed rules to hinder an unruly peer-to-peer lending sector and interfering...

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Global Stocks Hit Second Weekly Low

Global stocks fell for the second time in nine days on Tuesday, aided by a hefty drop in oil prices and data that showed Britain’s vote to leave the European Union dented German business confidence....

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Federal Reserve Finds Dozens of Cyber Security Breaches

The United States Federal Reserve found over 50 cyber security breaches during the years of 2011 to 2015, several incidents being labeled as “espionage”, all according to official Fed records. The central...

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Gold Set for Biggest Weekly Fall in Two Months

Gold traded higher Friday after two days of losses, however it stayed on track for it’s biggest weekly slide in two months, on growing expectations for a Fed June rate hike and a stronger dollar. Spot...

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China April Factory Activity Advance at a Moderate Pace

In April, activity in China’s manufacturing sector grew for the second straight month but only moderately, according to an official survey reported on Sunday, heightening concerns about the ability to sustain...

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Oil Sees 2016 Highs, Advance by Decreasing Output and Feeble Dollar

On Wednesday oil saw its highest level this year, boosted by a declining dollar and data of falling U.S supply, putting the price on pace for its strongest monthly performance since last April. The outlook...

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Debt Propels Potential Chinese Economic Recovery

Despite experiencing the nations slowest economic growth in over six years, the Chinese economy is beginning to appear as if it is in recovery. This new found optimism is due to a new round of debt that...

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Dollar Gains on Firmer Stocks, China Figures

On Wednesday, the dollar mounted to a two-week high against a basket of major currencies, since advances in worldwide stock markets and positive figures from China led investors into riskier bets than...

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China’s Premier Li Keqiang is Cautiously Optimistic About Nation’s Economy

China’s Premier Li Keqiang spoke on Monday about the health of his nation’s economy, and his plans to deal with its current struggles. Li initially sounded optimistic, stating that China’s economy...

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China’s Economy Showed Signals of Health in First Quarter

Economic indicators released from China displayed signals of health in the first quarter. However, due to a struggling global economy and unpredictable financial markets, the reported improvement to China’s...