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What to expect from BOJ, ECB this week

The Bank of Japan (BOJ) and the European Central Bank (ECB) will refrain from any major changes when their policy-making committees meet later this week, even though both economies have recently been experiencing their strongest growth in more than a decade. For now, inflation (that is deemed too low) and currencies (that are deemed too strong) will dominate the decision-making ...

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Foxconn’s China bounty is headache material in Taiwan

Labor in China is no longer cheap, but Terry Gou may have found a new way to profit from the mainland. Gou’s Foxconn Industrial Internet Co. is poised to list in China as early as April, just two months after filing an IPO application. Its Taiwan-traded parent, Hon Hai Precision Industry Co., will hold about 85 percent of Foxconn Industrial’s ...

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Trump’s steel tariffs are far more ominous than Bush’s

At first glance, President Donald Trump’s new tariffs on steel and aluminum may look like a repetition of one of President George W. Bush’s mistakes. Bush also imposed tariffs on steel in his second year in office, and like Trump did it in part to keep a campaign promise he considered helpful in the Rust Belt. Bush’s tariffs are generally ...

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