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Asian markets sluggish before crunch trade talks

Trade uncertainty weighed on Asian stocks Monday, at the start of a week that sees crunch China-US talks take place in Beijing aimed at averting fresh tariff escalations. Mainland Chinese markets reopened from their week-long Lunar New Year break to renewed concerns over the trade row and a...

Paris seeks $14 million from Airbnb for illegal adverts

The City of Paris is suing Airbnb for publishing 1,000 illegal rentals adverts, which could cost the American rental website more than 12.5 million euros ($14 million), the mayor of Paris told a newspaper in an interview published on Sunday. Under French law, home owners in Paris can rent...

Australia central bank trims growth forecast

The Reserve Bank of Australia on Friday cut growth forecasts for this year and next, citing the effects of a weaker housing market. The central bank said growth would reach 2.5 percent in the middle of this year, well down from the 3.25 percent it previously projected. Bill Evans, an...