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BEIJING, June 14- China's industrial output growth slowed to a more than 17- year low of 5% in May, well below expectations, in the latest sign of weakening demand in the world's second-largest economy as the United States ramps up trade pressure. Fixed-asset investment also grew less than expected, official data showed on Friday, reinforcing expectations that...
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Venezuela's socialist government has taken to issuing new large-denominated notes to help its citizens cope with rising costs.
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Divya Devesh of Standard Chartered Bank says the Fed is likely to deliver on policy easing because inflation has continued to soften and does not seem to be "transitory."
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Jo Masters of EY says the Reserve Bank of Australia is likely to cut rates in August because the data isn't weak enough for the central bank to move in July. She also weighs in on unemployment in the country.
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NEW YORK, June 12- Oil futures sank 4% on Wednesday amid higher U.S. crude inventories and a bleaker demand outlook, while uncertainty over the U.S.- China trade war and U.S. economic data weighed on stocks. The dollar index rose as trade tensions and U.S. interest rate policy remained in focus after President Donald Trump expressed optimism over making a trade...
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The U.S. Consumer Price Index was expected to edge up 0.1% in May, after rising 0.3% a month earlier.
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U.S. stock index futures were slightly lower Wednesday morning, as the White House took a tough line on trade talks with China.
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Bo Zhuang of TS Lombard says the U.S. could delay further tariffs on China after American President Donald Trump and Chinese President Xi Jinping meet at the upcoming G-20.
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China's inflation rose to a 15-month high in May, as food prices spiked, the National Bureau of Statistics data showed on Wednesday.
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SEOUL, June 12- The head of South Korea's central bank on Wednesday cited a sharp rise in external uncertainties and very low domestic inflation as the main tasks his institution needs to deal with. "We should respond appropriately as the uncertainty has risen sharply in such external factors as the China-U.S. trade conflicts and the semi-conductor industry,"...
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