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Global Markets News

U.S., China putting trade war on hold, Treasury's Mnuchin says

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WASHINGTON The U.S. trade war with China is "on hold" after the world's largest economies agreed to drop their tariff threats while they work on a wider trade agreement, U.S. Treasury Secretary Steven Mnuchin said on Sunday. | Video

German companies worry Trump moving toward 'America Alone'

BERLIN German companies are concerned that U.S. President Donald Trump is increasingly thinking only of America rather than just putting his country first, the head of Germany's DIHK Chambers of Commerce told media.

20 May 2018

China agrees to import more from U.S., no sign of $200 billion figure

WASHINGTON China has agreed to significantly increase its purchases of U.S. goods and services, the two countries said on Saturday, but made no mention of a $200 billion target the White House had touted earlier. | Video

20 May 2018

EU could compensate firms hit by U.S. sanctions over Iran: French minister

PARIS France is looking to see if the European Union could compensate European companies that might face U.S. sanctions for doing business with Iran, French finance minister Bruno Le Maire said on Sunday.

20 May 2018

U.S. sanctions on Iran threaten vital Afghanistan trade project

WASHINGTON/KABUL U.S. President Donald Trump's decision to pull out of the Iran nuclear accord and re-impose sanctions on Tehran threatens to derail a project to help build Afghanistan's economy, endangering a key goal of the U.S. strategy to end America's longest war.

20 May 2018

Hollywood's China dreams get tangled in trade talks

BEIJING Hollywood's push for greater access to China's booming film market - delayed since last year - has become tangled in broader trade talks between Washington and Beijing, a potentially thorny position amid whipsawing trade relations.

20 May 2018
World Markets

BRIEF-India's Den Networks March Qtr Loss Narrows

* MARCH QUARTER LOSS 100.3 MILLION RUPEES VERSUS LOSS 598.6 MILLION RUPEES YEAR AGO

18 May 2018

UPDATE 1-UK Stocks-Factors to watch on May 18

May 18 Britain's FTSE index was up 0.09 percent at 0712 GMT.

18 May 2018

UPDATE 2-Oil stocks and Ocado buoy European equities

* Results lift Altice, but hit Maersk shares (Adds details, closing prices)

Hong Kong stocks rise amid hopes China and U.S. can reach trade deal

* HSI financial sector sub-index is flat; property sector up 0.3 pct

18 May 2018
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Hang Seng 31,047.91 + 105.76 +0.34%
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Gold 1,289.60 +1.40 +0.11%
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Corn 402.50 +0.00 +0.00%

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