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Leaders of two Koreas hold surprise meeting as Trump revives hopes of summit with North

Korea Summit Press | Reuters South Korean President Moon Jae-in shakes hands with North Korean leader Kim Jong Un during their meeting at the Peace House at the truce village of Panmunjom inside the demilitarized zone separating the two Koreas, South Korea, April 27, 2018. South Korean President Moon Jae-in …

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Trump administration is telling Congress it has an agreement to save China’s ZTE: New York Times

Lluis Gene | AFP | Getty Images People walk in front of the ZTE stand at the Mobile World Congress on February 27, 2018 in Barcelona. President Donald Trump’s administration is telling Congress it has come to an agreement to boost Chinese telecommunications company ZTE, The New York Times reported, …

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Oil prices are plunging as Russians and Saudis rethink output caps

Oil prices fell sharply on Friday after Russia’s oil minister said a group of two dozen producer nations could soon begin easing the production limits they put in place last year to drain a global crude glut. Russian Energy Minister Alexander Novak met with his Saudi counterpart, Khalid Falih, met …

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Turkey’s leadership tries to regain investor confidence in its monetary policy

Alkis Konstantinidis | Reuters Turkish President Tayyip Erdogan greets his supporters as he leaves a polling station in Istanbul, Turkey April 16, 2017. Turkey may have made a long overdue move to raise interest rates in an attempt to rescue its plummeting national currency, but investors are still in doubt …

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Wesfarmers’ two-year UK foray ends with sale of troubled home improvement chain

Chris Ratcliffe | Bloomberg | Getty Images A customer leaves a Homebase store, part of Home Retail Group Plc, in Sevenoaks, U.K., on Wednesday, Jan. 6, 2016. U.K. grocer J Sainsbury Plc plans to buy Walmart Inc.s Asda in a 7.3 billion-pound ($10 billion) deal that would transform the countrys …

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China beats US box office in Q1 and is entering new growth cycle: HSBC

Greg Baker | AFP | Getty Images People walk by a movie poster for Chinese action flick “Wolf Warrior 2” in Beijing, China. As more people head to the cinemas, one additional factor likely to contribute to growth is the development of more channels of revenue that rely on intellectual …

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Meghan Markle’s wedding dress was marvelous says Givenchy-owner LVMH

Alexi Lubomirski | The Royal Family The official wedding family photo of the royal family from the wedding of Prince Harry and Duchess of Sussex, Meghan Markle. Arnault clashed with rival Francois-Henri Pinault, who runs French luxury group Kering, at the turn of the millennium. Both were bidding for ownership …

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South Korea doesn’t understand Trump’s ‘intention’ in canceling summit

Carlos Barria | Reuters President Donald Trump welcomes South Korea’s President Moon Jae-In at the White House in Washington, U.S., May 22, 2018. South Korean President Moon Jae-in’s office says it is trying to figure out President Donald Trump’s intentions in canceling a summit next month with North Korea’s leader. …

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Gold jumps after Trump cancels North Korea summit

President Donald Trump’s decision to cancel the Singapore summit with North Korea leader Kim Jong Un is moving financial markets, spurring a big move in the gold market. Source: FactSet Gold futures were trading up more than 1 percent Thursday after the news, above $1,305 an ounce. Investors often seek …

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South Korean stocks ETF tumbles after Trump cancels meeting with North Korea’s Kim Jong Un

Jung Yeon-Je | AFP | Getty Images A man watches a television news showing North Korean leader Kim Jong Un (R) and US President Donald Trump (L), at a railway station in Seoul on May 24, 2018. An exchange-traded fund tracking South Korean stocks dropped more than 1.5 percent Thursday …

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