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Euro suffers fresh losses in Asia as Italy faces political crisis

The euro extended losses in Asian trade Tuesday as political uncertainty in Italy stoked fresh fears about the eurozone.

UK economy caught in Brexit crossfire

Britain's economy has grown at the slowest pace in more than five years, official data showed Friday, as Bank of England governor Mark Carney warned about a "disorderly" Brexit transition.

Asian markets fall, dollar rises as US rate fears return

Asian markets mostly fell with Wall Street while the dollar extended gains Wednesday as US interest rate worries resurfaced, while investors were also given a spook by North Korea's threat to pull out of a historic summit over US demands.

Crude surges after Trump tears up Iran deal, equities mixed

Oil prices surged more than two percent in Asia on Wednesday after Donald Trump pulled the United States out of the Iran nuclear deal, fuelling fresh geopolitical uncertainty.

Asian markets end week with losses, eyes on US jobs data

Asian markets fell on Friday, tracking another retreat on Wall Street as attention turns to the release of key US jobs data later in the day and high-level China-US trade talks in Beijing.

Dollar holds gains as Fed looms, Asia markets mostly drop

The dollar on Wednesday maintained most of its recent gains ahead of a key Federal Reserve policy announcement, while Asian equity markets struggled as investors returned from public holidays across the region.

Donald Trump prepares China trade sanctions, Beijing vows retaliation

President Donald Trump is poised to unveil sanctions against China on Thursday for the "theft" of US intellectual property, fueling fears of a trade war as Beijing vowed to retaliate.

Dollar extends losses on Fed move, Donald Trump revives trade war fears

The dollar extended losses in Asia on Thursday after the Federal Reserve stuck to its target for interest rate hikes this year, but fresh fears of a trade war hit equity markets as Donald Trump prepared new sanctions on China.

US Fed to hike interest rates for first time in 2018

The Federal Reserve is widely expected to announce Wednesday the first of at least three interest rate hikes this year as the central bank works to head off inflation.

US federal reserve set to raise rates as Jerome Powell era begins

The Federal Reserve was set to begin its two-day policy meeting Tuesday which is expected to produce the first of at least three increases in the key interest rate this year.

Pound recovers as world supports Britain in spy case

The British pound recovered Friday from weakness prompted by a Russian decision to expel British diplomats, as the world rallied in support for London in a crisis sparked by the poisoning of a double agent, analysts said.

Tokyo shares gain for third straight session

Tokyo shares climbed Monday for a third straight session as global investors cheered healthy US jobs data, while the impact of a cronyism scandal dogging Japan's premier appeared limited.

European stock markets slide at open

Europe's main stock markets fell in opening deals on Thursday after broad losses in Asia, extending this week's global sell-off on persistent worries over faster-than-expected US interest rate hikes.

European stocks slide on Fed rate-rise fears

European stock markets slid on Thursday after Federal Reserve minutes fanned expectations that US interest rates would rise further and faster than previously thought.

Dollar up ahead of Fed minutes

The dollar continued its discreet recovery on Wednesday, lifted by expectations that the American central bank is shifting towards tightening monetary policy quickly, dealers said.

Tokyo, Hong Kong, Shanghai stocks down again

Asian stocks, from Tokyo to Hong Kong and Shanghai took another battering on Friday as the global rout returned with a vengeance on intensifying fears about tighter US interest rates.

Bitcoin drops below $6,200

Bitcoin plunged 20 percent to a three-month low on Tuesday, its latest sharp loss following a series of setbacks for the cryptocurrency that, with a collapse across global mainstream markets adding to the selling.

Dollar dives as US talks currency down

The dollar tumbled against major rivals on Wednesday, with the euro reaching a three-year high, as US Treasury Secretary Steven Mnuchin said that a weaker dollar was good for the US economy.

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Spanish king’s brother-in-law jailed over graft conviction

The Spanish king’s brother-in-law was jailed Monday after losing an appeal against a graft conviction, the prison authorities said.