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China's Yuan Falls Further amid Trade War Fears

China allowed its yuan to fall further Tuesday and accused Washington of damaging the global economy, fueling fears about increasing damage from their trade war.

The yuan declined to 7.0562 to the U.S. dollar before strengthening to 7.0297 in the afternoon. That came a day after Beijing sent financial markets tumbling by allowing the currency to fall to an 11-year low, breaking through the politically sensitive level of seven to the dollar.

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Japanese Car Sales Plunge in S. Korea as Trade Row Rages

Japanese automakers saw sales in South Korea slump last month, industry data showed Monday, as President Moon Jae-in thanked his citizens for responding to the intensifying trade dispute with "one heart".

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Report: Fiat Chrysler Open to Fresh Merger Talks with Renault

The chief of Fiat Chrysler remains open to the possibility of resuming merger talks with France's Renault, months after talks between the two automakers aimed at forging an industry powerhouse broke down, according to an interview published Monday.

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HSBC Boss in Shock Exit as Bank Warns of 'Challenging' Times

HSBC on Monday announced the shock exit of chief executive John Flint, but denied talk of a management split as it also axed 4,000 jobs and warned of dark clouds on the horizon.

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Chinese Yuan Falls to Weakest Level against Dollar since 2010

The Chinese yuan fell to its lowest level against the dollar since August 2010 in morning trade on Monday, fuelling speculation that Beijing is allowing currency depreciation to counter threatened US tariffs.

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Is Boeing Too Big to Fail?

The grounding of the 737 MAX for more than four months after two deadly accidents has tarnished Boeing's reputation, but it still has the confidence of US policymakers.

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Trump Defends China Trade Policy

U.S. President Donald Trump defended Saturday his hardline trade policy against China, arguing that the tariffs he imposed are bringing in "billions" from the Beijing government.

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Teetotaler Trump Says U.S. Wine Just Looks Better than French

Wine connoisseurs talk about needing "a nose" to assess the quality of a vintage. President Donald Trump just uses his eyes.

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EU Orders France to Recover 8.5 Million Euros from Ryanair

The European Union on Friday ordered France to recover 8.5 million euros from Ryanair which it said the low-cost Irish airline had received in illegal state aid to use Montpellier airport.

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Trump, Johnson Talk 5G and Trade ahead of G7

President Donald Trump and Britain's new Conservative prime minister, Boris Johnson, have discussed trade and the growing struggle for control of emerging 5G technology, the White House said Friday.

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