• Bitcoin correction sees nearly $4 billion wiped off value of the cryptocurrency as price falls 19%

    29 May 2017 02:32 PM |

    By CNBC : Nearly $4 billion has been wiped off of the value of bitcoin in the past four days after a correction that has seen the cryptocurrency's price fall almost 19 percent from its recent record high.

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  • Merkel says Europe 'must take our fate into our own hands' after tough G-7, NATO meetings

    29 May 2017 02:29 PM |

    By Reuters :  Europe can no longer completely rely on its allies, German Chancellor Angela Merkel said on Sunday, pointing to bruising meetings of G7 wealthy nations and NATO last week.

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  • Italian bank worries leak into second week

    29 May 2017 01:53 PM |

    By Reuters : Concerns over Italy's banks and Britain's national election campaign dominated holiday-thinned European financial markets on Monday, prodding stock markets lower after Asian share indices fell back off 2-year highs.

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  • Oil dips as U.S. drilling undermines drive to tighten markets

    29 May 2017 09:31 AM |

    By Reuters : Oil prices dipped on Monday as a relentless rise in U.S. drilling undermined an OPEC-led push to tighten supply.

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  • Asia stocks drift down from 2-year highs, pound nurses losses

    29 May 2017 09:24 AM |

    By Reuters : Asian stocks handed back earlier modest gains and drifted lower on Monday, running short of incentives to push past two-year highs with many key markets closed for holidays.

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  • China's reforms not enough to arrest mounting debt: Moody's

    26 May 2017 03:46 PM |

    By Reuters : China's structural reforms will slow the pace of its debt build-up but will not be enough to arrest it, and another credit rating cut for the country is possible down the road unless it gets its ballooning credit in check, officials at Moody's said.

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  • First-quarter GDP revised up to 1.2 percent

    26 May 2017 03:40 PM |

    By Reuters : May 26 U.S. economic growth slowed less sharply in the first quarter than initially thought, but the weakness was likely an aberration amid a strong labor market that is near full employment.

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  • Japan's factory output seen jumping in April, led by global demand

    26 May 2017 09:27 AM |

    By Reuters : Japan's factory output was expected to rebound in April at the fastest rate in about six years, a Reuters poll found on Friday, boosted by rising exports as global demand recovers.

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