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China’s stocks fall to one-month low on fiscal policy concern

  Bloomberg Chinese stocks dropped to their lowest level in a month on the last trading day of this week amid speculation the central bank won’t add to stimulus. The Shanghai Composite Index fell 0.7 percent at the close. The gauge has lost 2.5 percent this week, the most since May, after plunging on Monday amid a jump in the ...

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Emerging stocks extend worst drop since June; Mexican peso falls

  Bloomberg Emerging-market stocks fell, extending their longest selloff since June as investors weighed the outlook for policy accommodation by global central banks. The Mexican peso declined after a poll showed Donald Trump leading in Ohio. The MSCI Emerging Markets Index slumped for a fourth day as volatility increased. Indonesia led a retreat in shares as benchmarks in China, Malaysia ...

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Iran banking hobbled by timid West

  Bloomberg Despite hopes of a new dawn for Iran’s economy after nuclear-related sanctions were lifted, major Western banks are reluctant to do business with the Islamic republic for fear of US retribution. President Hassan Rouhani has said that to reach the target of eight-percent growth needed to modernise the industrial sector and relaunch the hobbled economy, Iran needs up ...

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