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Australia's defense minister visits frigate in Japan as countries boost defense ties

Australian Defense Minister Richard Marles on Friday toured a Japanese navy frigate of the same Japan-made model that Australia has chosen for its new fleet, as the two countries step up military ties to deter China's growing influence.

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Canada's Carney to delay EV mandate as country deals with Trump's tariffs

Canadian Prime Minister Mark Carney is delaying a requirement for automakers to begin hitting minimum sales levels for electric vehicles next year as the sector deals with U.S. President Donald Trump's tariffs.

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Wall Street tumbles, and US stocks head toward their worst loss in a month

U.S. stocks are tumbling on Tuesday, and some of Wall Street's biggest stars are leading the way lower.

The S&P 500 sank 1.2% and was on track for its worst loss in a month. The Dow Jones Industrial Average was down 498 points, or 1.1%, as of 9:37 a.m. Eastern time, and the Nasdaq composite was down a market-leading 1.4%. All three are still close to their recently set records.

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1.2 million immigrants are gone from the US labor force under Trump

It's tomato season and Lidia is harvesting on farms in California's Central Valley.

She is also anxious. Attention from U.S. Immigration and Customs Enforcement could upend her life more than 23 years after she illegally crossed the U.S.-Mexico border as a teenager.

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World shares slip and gold sets a fresh record high of over $3,550 per ounce

The price of gold hit a new record and world shares were mostly lower on Tuesday after U.S. markets were closed for the Labor Day holiday.

The spot price of gold, traditionally a haven for investors in times of uncertainty, climbed as high as $3,578.40 per ounce early Tuesday. That surpassed an intraday record of $3,509.90 an ounce set in April. It later slipped back a bit, gaining 1.1% to $3,549.10 per ounce.

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Pound slides on high UK borrowing cost concern

The British pound slumped more than one percent against the dollar Tuesday on concerns over soaring borrowing costs for the UK government.

Sterling shed 1.2 percent to $1.3388, while the euro gained half a percent on the British currency.

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SCO summit could challenge US dominance, showcases China multipolarity vision

The leaders of Russia, China, India and seven other nations met Monday in northern China for the latest annual summit of the Shanghai Cooperation Organization in what could be an emerging challenge to America's global leadership.

The 10-member SCO, which gathered in the port city of Tianjin, has grown in size and influence since its founding 24 years ago, even while its goals and programs remain murky and name recognition low.

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World shares are mixed as investors watch for further news on Trump's tariffs

World shares were mixed on Monday as investors watched for further developments after a U.S. court ruled against President Donald Trump's sweeping higher tariffs.

U.S. markets were to remain closed on Monday for the Labor Day holiday. The futures for the S&P 500 and the Dow Jones Industrial Average edged 0.1% higher.

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Jaber says BDL trying to resolve issue of Hezbollah's al-Qard al-Hassan

Lebanon's Central Bank is trying to address the issue of Hezbollah-affiliated Al-Qard Al-Hasan financial institution, Finance Minister Yassin Jaber told Saudi news interactive channel al-Hadath.

In July, the Central Bank prohibited all licensed financial institutions in Lebanon from dealing directly or indirectly with unlicensed entities and listed Al-Qard Al-Hassan as an example. The bank had issued similar circulars in the past but this was the first time it mentioned Al-Qard Al-Hassan by name.

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Xi and Putin round on West at regional summit in China

Chinese President Xi Jinping said that China plans to accelerate the creation of a development bank and to set up an international platform for energy cooperation, announcements he made Monday at a summit that represents an emerging challenge to U.S. global leadership.

Russian President Vladimir Putin and Indian Prime Minister Narendra Modi were among the leaders meeting in Tianjin, in northern China, for the latest annual summit of the Shanghai Cooperation Organization. The security forum was originally seen as a foil to U.S. influence in Central Asia. It has grown in size and influence over the years.

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