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Bond sell-off keeps investors on edge

Bond sell-off keeps investors on edge

Rising bond yields, sparked in part by deepening worries over the difficulty of the world's major central banks to stimulate growth, kept investors in broadly risk-off mode on Wednesday The possible spillover effects of rising bond yields into stock and commodity markets has hit financial...

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New US military aid deal for Israel complete

New US military aid deal for Israel complete

The U.S. and Israel have concluded an agreement to increase Washington's military aid to Tel Aviv, the State Department announced Tuesday. The new Memorandum of Understanding "constitutes the single largest pledge of bilateral military assistance in U.S. history," the State Department said...

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U.S. sees stronger median household income, less poverty

U.S. sees stronger median household income, less poverty

The median U.S. household income rose last year, its first significant annual increase since 2007, and helped push down the number of people living in poverty to 43.1 million, federal government data released on Tuesday showed. About 29 million people did not have health insurance in 2015,...

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Muslim pilgrims stone devil in last Hajj ritual

Muslim pilgrims stone devil in last Hajj ritual

Nearly two million Muslim pilgrims continued Tuesday the symbolic stoning of the devil, the last major ritual of the Hajj pilgrimage.  Crowds of the pilgrims converged on the Jamrat Bridge in the tent city of Mina to perform the stoning ritual.  Pilgrims hurl seven pebbles for...

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Hungary should be excluded from EU, Luxembourg FM says

Hungary should be excluded from EU, Luxembourg FM says

Luxembourg's foreign Minister Jean Asselborn has demanded that Hungary should be excluded from the European Union for its "massive violation of EU fundamental values". In an interview with German daily Die Welt on Tuesday, Asselborn criticized Hungary's treatment of refugees as well as Prime...

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Fed looks unlikely to hike next week after Brainard warning

Fed looks unlikely to hike next week after Brainard warning

The Federal Reserve should avoid removing support for the U.S. economy too quickly, Fed Governor Lael Brainard said on Monday in comments that solidified the view the central bank would leave interest rates unchanged next week. Brainard said she wanted to see a stronger trend in U.S....

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Asia stocks gain, dollar sags on Fed governor's dovish comments

Asia stocks gain, dollar sags on Fed governor's dovish comments

Asian stocks rose on Tuesday after Federal Reserve Governor Lael Brainard calmed global markets with remarks that appeared to reduce the prospects of a near-term interest rate hike. The dollar, on the other hand, nursed losses against its peers after Brainard reiterated her dovish views and...

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Selloff gathers pace as stimulus pullback fears deepen

Selloff gathers pace as stimulus pullback fears deepen

European stocks and bonds fell in a volatile market on Monday, hit by growing concerns that global central banks' commitment to the post-crisis orthodoxy of super-low interest rates and asset purchase programs may be waning. German Bund yields DE10YT=TWEB rose further above zero to as high...

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Indonesians prepare to welcome Eid al-Adha

Indonesians prepare to welcome Eid al-Adha

Indonesians across the world's most populous Muslim nation are preparing to welcome Eid al-Adha on Monday by flocking to markets to procure cattle, or by packing their bags and making the often long and arduous journey home. On Sunday, thousands of people were crowding train stations, bus...

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Iran welcomes Syria deal, urges political solution

Iran welcomes Syria deal, urges political solution

Iran, a close ally and military backer of Syrian President Bashar al-Assad, welcomed a U.S.-Russian deal for a truce in Syria, saying on Sunday the conflict should be ended through politics. The agreement, by the powers that back opposing sides in the five-year-old war, promises a nationwide...

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North Korea says U.S. Obama's push for sanctions laughable

North Korea says U.S. Obama's push for sanctions laughable

North Korea said on Sunday that the United States' push for sanctions following its fifth nuclear test was "laughable" and the country would continue to strengthen its nuclear power. "The group of Obama's running around and talking about meaningless sanctions until today is highly...

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Dozens dead in Bangladesh explosion, blaze

Dozens dead in Bangladesh explosion, blaze

At least 24 people died in a factory boiler blast and fire in Tongi, a township to the north of Bangladesh’s capital Dhaka, on Saturday, police said. Deputy Insp. Malek Khasru Khan said 74 were injured in the 6.15 a.m. local time (0015GMT) explosion at the Tampaco Foils packaging plant in...

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U.S.-Russian Syria peace deal raises rebel doubts as fighting rages

U.S.-Russian Syria peace deal raises rebel doubts as fighting rages

The United States and Russia hailed a breakthrough deal early on Saturday to put Syria's peace process back on track, though the war-torn country's rebels said they doubted it would hold and violence raged on in Aleppo. The agreement reached by the powers backing opposing sides in the...

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US finally sees the FETO danger: Turkish Deputy PM

US finally sees the FETO danger: Turkish Deputy PM

Washington is finally waking up to the threat of the Fetullah Terrorist Organization (FETO) in Turkey, Deputy Prime Minister Numan Kurtulmus said Friday, fresh back from a trip to the United States. Speaking on CNN Turk, Kurtulmus reiterated Ankara expects Washington to extradite the...

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US, Russia announce truce deal on Syria

US, Russia announce truce deal on Syria

The U.S. and Russia have agreed to take steps to reduce violence in war-torn Syria, Secretary of State John Kerry announced on early Saturday. In a joint press conference with his Russian counterpart, Sergey Lavrov, Kerry said a truce would commence with the start of the Muslim holiday...

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Volkswagen engineer pleads guilty in U.S. diesel emissions probe

Volkswagen engineer pleads guilty in U.S. diesel emissions probe

A Volkswagen AG (VOWG_p.DE) engineer pleaded guilty on Friday to helping the German automaker evade U.S. emission standards, and his lawyer said he would cooperate with federal authorities in their criminal probe. James Liang, who has worked for VW since 1983 and was part of a team of...

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Iranian court jails British-Iranian aid worker for five years

Iranian court jails British-Iranian aid worker for five years

An Iranian Revolutionary court has sentenced Iranian-British aid worker Nazanin Zaghari-Ratcliffe to five years in prison on charges that remain secret, her family said on Friday. Zaghari-Ratcliffe was detained in early April as she tried to leave Iran after a visit with her two-year-old...

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NATO says welcomes Turkey's increased fight against Islamic State

NATO says welcomes Turkey's increased fight against Islamic State

NATO Secretary-General Jens Stoltenberg on Friday welcomed Turkey's increased efforts to fight Islamic State militants in Syria and said training local forces was the key to battling the hardline Sunni Muslim group. At a joint news conference with Turkish Foreign Minister Mevlut Cavusoglu,...

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