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Gloomy Summer Signals Worsening Picture for China’s Economy
The country’s economic plight is deepening, heaping pressure on Beijing to step up support for households or risk getting stuck in a low-growth rut.
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Eurozone Industry Continues to Founder
Eurozone factories failed to produce more goods for a fourth straight month as the sector struggles to turn around a prolonged downturn led by its most important member, Germany.
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China Is Risking a Deflationary Spiral
Wall Street economists are calling for more fiscal stimulus in the country. But Beijing may still not act boldly enough.
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Dow, S&P 500 Futures Creep Higher
Adobe stock is in focus premarket after the software maker’s fourth-quarter forecasts missed analysts’ expectations.
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Gold Rises on Softer U.S. Dollar, U.S. Rate-Cut Expectations
Gold prices rose, with investors piling into the precious metal as they await the Fed’s interest rate cut next week following the latest string of U.S. data.
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Vodafone-Three Deal Raises Pricing, Competition Issues, Regulator Says
Vodafone’s agreement to merge its U.K. business with rival operator Three raises competition concerns, the U.K.’s antitrust authority said, creating uncertainty on a deal poised to shake up the country’s telecommunications market.