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US stocks pare December slide; dollar edges lower

Bloomberg US stocks rose, paring a December slump that is among the worst in history, after President Donald Trump reported “big progress” in trade talks with his Chinese counterpart. Treasuries slipped and oil erased gains. The S&P 500 trimmed its monthly loss to 9 percent, the steepest of the record bull market, as Trump said in a tweet that negotiations ...

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Yen, strongest major currency of 2018

Bloomberg The yen is set to end the year as the biggest winner against the dollar among major currencies as investors sought out safety amid 2018’s uncertainties. The haven asset outperformed as the pound and euro faced headwinds from Brexit and Italy’s budget crisis, while the US-China trade war and plunging oil prices pressured commodity-related peers such as the Canadian ...

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Emirates hints peak period after New Year 

DUBAI / Emirates Business Travel to and from Dubai is expected to reach another peak towards the end of this week, as Emirates anticipates yet another busy period of outbound travel after New Year’s celebrations and inbound travel for the Dubai Shopping Festival. More than 180,000 travellers will be making their way to Emirates’ dedicated Terminal 3 facilities from January ...

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