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China Reluctant to Cut off Oil to North Korea

The United States has renewed pressure on China to stop crude oil shipments to North Korea to close a crucial economic lifeline to the regime following its latest missile threat.

US President Donald Trump personally appealed to Chinese leader Xi Jinping to turn off the oil tap during a phone call after nuclear-armed North Korea launched a new intercontinental ballistic missile.

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Britain 'Very Close' to Agreeing Brexit Bill

Britain is "very close" to agreeing the size of its Brexit bill, Ireland's EU commissioner said Wednesday, but reports that the divorce settlement could be up to 55 billion euros have angered both Brexiteers and europhiles.

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U.S. Stocks Mostly Up after Strong Q3 Growth

Wall Street stocks were mostly higher early Wednesday after government data showed the economy grew at its fastest pace in three years, but shares of high-flying technology companies retreated, hitting the Nasdaq.

The U.S. economy in the third-quarter expanded by 3.3 percent, three tenths faster than the initial estimate and the strongest performance since the third quarter of 2014.

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Greece Debuts e-Foreclosures as EU-IMF Auditors Return

Greece on Wednesday debuted electronic foreclosures to address a huge private debt pile burdening banks as its international creditors returned for a scheduled review of the country's economic performance.

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Bubble or Brave New World? Bitcoin Breaks $10,000 Barrier

Bitcoin broke through the $10,000 barrier for the first time on Wednesday as it continues a stratospheric rise that has delighted investors but sparked fears of a bubble.

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Trump Raises Prospect of U.S. Government Shutdown

President Donald Trump raised the prospect of a damaging U.S. government shutdown Tuesday, suggesting a spending deal with Democrats may be impossible.

Trump -- a self-styled master dealmaker -- hit two top Democrats as weak on crime, immigration and the economy, hours before sitting down with them in Congress.

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Extension of Cuts Expected at OPEC Meeting

With oil prices nudging steadily higher, market expectations are for crude-pumping countries to prolong their deal to curb output at a meeting at OPEC headquarters in Vienna on Thursday.

Markets could be disappointed, however, with Russia reportedly not yet fully on board about signing up to extending the agreement, due to expire on March 31, until the end of 2018, experts say.

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Bitcoin Hits New Records, Heads for $10,000 as Bubble Fears Grow

Bitcoin soared to fresh records Tuesday, putting it on course for $10,000, but the virtual currency's stratospheric rise has fuelled fears of a bubble after a 10-fold increase this year. 

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Banks Could Support UK Economy in Disorderly Brexit

Britain's lenders could support the economy through a "disorderly" Brexit, the Bank of England said Tuesday, as the sector passed its latest round of stress tests.

The assessments are designed to see whether the banking sector can weather a fierce worldwide recession, crashing house prices and soaring unemployment.

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European Stocks Dip on Strong Euro as German Concerns Ease

Eurozone stocks were mostly lower Monday as the euro extended gains on hopes that German Chancellor Angela Merkel is close to forming a government, dealers said.

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