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Asian Markets Rise on US-China Trade Talks

Asian markets mostly rose Friday following strong leads from Wall Street and Europe, with investors cautiously optimistic about upcoming US-China trade talks.

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FT Chief Returns Part of Salary after Staff Anger

The chief executive of the Financial Times, John Ridding, is to return some of his pay from last year following staff criticism, the business daily reported on Thursday.

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Lira Crisis Piles Pain on Turkish Shoppers as Costs Soar

"Look at this, I have sold nothing!" said Cemile Baykal, sitting in front of piles of vegetables untouched on her Ankara market stall.

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Turkish Lira Rebounds after Qatar Pledges $15 Billion

The Turkish lira is rebounding from record losses a day after Qatar pledged US$15 billion in investments to help Turkey's economy.

The currency strengthened some 3 percent against the dollar on Thursday, trading at around 5.75 per dollar, hours before Turkey's treasury and finance minister were scheduled to reassure international investors about the economy.

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Shares in Italian Infrastructure Group Atlantia Suspended over Genoa Bridge Collapse

Shares in Italian infrastructure group Atlantia, which operates the motorway on which a bridge in Genoa collapsed, were suspended from trading on the Milan stock exchange on Thursday. 

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China, US to Resume Trade Talks in Late August

China will send a senior negotiator to the United States in late August to resume trade talks, its commerce ministry said Thursday, the first public meeting on the dispute in weeks as the trade conflict intensifies.

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China Blasts US Solar Tariffs, Takes WTO Action

China has blasted US tariffs on solar panel imports, filing a complaint at the World Trade Organization in the latest salvo of the trade battle between the world's two economic giants.

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Asian Shares Slip Back, Lira Steady

Asian shares fell Wednesday as concerns about Turkey's financial crisis weighed on investor sentiment but the crisis-hit lira took a breather following the turmoil of the past week.

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Erdogan Says Turkey to Boycott U.S. Electronic Goods

President Recep Tayyip Erdogan on Tuesday said Turkey would boycott U.S. electronic goods like the iPhone in retaliation for punitive sanctions from Washington, as the Turkish lira finally clawed back some ground after going into a tailspin over the tensions. 

The dispute between the NATO allies -- brought to a new intensity by Turkey's holding of an American pastor for two years -- has raised questions over the future of their partnership and fanned fears of a looming economic crisis in Turkey.

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French Unemployment Dropping Too Slowly for Macron Government

French unemployment dipped by 0.1 percent in the second quarter, provisional figures showed Tuesday -- frustratingly slow progress for President Emmanuel Macron who has promised his economic reforms will generate jobs. 

"It's a step forward but it's still not enough," Employment Minister Muriel Penicaud, who usually avoids quick-fire reactions to jobless figures, said in a tweet.

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