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Asian Markets Start on Upbeat Note after China Easing Move

Most Asian markets started Monday on a positive note to build on last week's gains after China unveiled fresh stimulus measures and below-par US jobs data reinforced expectations the Federal Reserve will cut interest rates this month.

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Crisis-Hit Nissan CEO Set to Resign as Board Meets

The CEO of crisis-hit Japanese automaker Nissan plans to resign, reports said Monday, as the firm's board meets to discuss an audit launched after former chief Carlos Ghosn's arrest over financial misconduct.

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China's Exports Fall in August as U.S. Trade War Rumbles

China's exports fell by 1.0 percent on-year in August, official data showed Sunday, amid a bruising trade war with the U.S. that has roiled markets in the world's top two economies.

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UAE Says Oil Nations to Do 'Whatever Necessary' to Balance Market

Oil producers will do "whatever necessary" to rebalance a crude market depressed by trade tensions and an uncertain global outlook, the United Arab Emirates' energy minister said Sunday.

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OPEC Kingpin Saudi Arabia Replaces Energy Minister with King's Son

Saudi Arabia's King Salman on Sunday replaced the energy minister with one of his sons, state media said, in a major shakeup as the OPEC kingpin reels from low oil prices.

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Oil Majors to Mull Fresh Cuts as Trade War Hits Prices

Top oil producers will consider fresh output cuts at a meeting this week, but analysts are doubtful they will succeed in bolstering crude prices dented by the U.S.-China trade war.

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Stocks Gain after Weak US Job Figures

Global stock markets posted modest gains on Friday while US jobs data pointed to a possible soft patch for the world's top economy, dealers said.

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Boeing Suspends Testing of Long-Haul 777X Aircraft

Boeing has suspended testing on its new long-haul 777X aircraft, the company said Friday, a setback that comes as it battles to rebound from the crisis surrounding the 737 MAX.

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China to Cut Reserve Requirements for Banks to Boost Economy

China's central bank announced Friday it was cutting the reserve requirements for banks, in a bid to boost lending and bolster the slowing economy.

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Trade War Cited as Cause for 10,000 U.S. Layoffs in August

The pace of downsizing at American companies surged last month, with more than 10,000 job cuts blamed on "trade difficulties" alone, according to figures released Thursday.

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