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Markets swing lower on China trade data, retail row

  London / AFP World stocks mostly fell on Thursday as weak Chinese data reinforced fears over the world’s number two economy, while a spat between Britain’s Tesco and Dutch giant Unilever hit sentiment in Europe. In midday deals, London stocks was down 0.8 percent, Frankfurt declined 1.3 percent, Paris shed 1.4 percent and Amsterdam slid 1.3 percent in value. ...

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Petchems support Saudi, other Gulf bourses slip

  Dubai / Reuters Positive third-quarter earnings from affiliates of Saudi Basic Industries supported Saudi Arabia’s stock index in early trade on Thursday but the rest of the Gulf was weak, following global shares lower. Yanbu National Petrochemical (Yansab) climbed 2.0 percent after it reported a third-quarter net profit of 607.6 million riyals ($162.1 million), more than double the year-earlier ...

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Tokyo stocks down at break on weak China data

  Tokyo / AFP Tokyo stocks reversed early gains on Thursday morning as exporters were hit by a rush into the yen after China released worse-than-forecast trade data that fuelled worries about the economic giant. Traders kicked the day off on a bright note as minutes from the Federal Reserve’s September meeting suggested the central bank will hike US interest ...

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