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China manufacturing gauge climbs to highest in almost five years

  Bloomberg China’s official factory gauge climbed to the highest in almost five years, the latest evidence of increasing momentum in the world’s second-largest economy. The manufacturing purchasing managers index increased to 51.8 in March, compared with economist estimates that it would match the November reading of 51.7. The non-manufacturing PMI rose to a two-year high of 55.1 from 54.2 ...

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House panel’s Russia probe can’t continue under ‘cloud’

  President Trump has been trying since early this month to deflect the FBI and congressional investigations of Russian covert action by asserting that he had been a victim of improper US surveillance. His argument got little traction until last week, when Rep. Devin Nunes, R-Calif., made the case for him. Nunes declared that intelligence about Trump associates had been ...

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India gets single-market religion amid Brexit trigger

  Just as Britain’s prime minister began proceedings to exit the European Union, lawmakers in India approved the creation of an economic zone that’s been 17 years in the making. A nationwide goods and services tax (GST) would, as early as 1 July, change the way your hotel bill in Mumbai reads. Mine, from a business trip earlier this month, ...

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