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Saudi stocks make slight recovery after Khashoggi fallout

Saudi stocks made a partial comeback Monday after days of heavy losses in economic fallout linked to political tensions over the disappearance of prominent journalist Jamal Khashoggi.

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China Says U.S. Trade Spat Needs 'Constructive Solutions'

China's central bank governor Sunday sought to cool the temperature on a brewing trade-and-currency war with the United States, calling for "constructive solutions" as the spat threatens to knock the world economy.

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Saudi Stocks Dive 5.6%, Wiping Out 2018 Gains

Saudi stocks dived 5.6 percent just an hour after trading opened on Sunday as the oil-rich kingdom comes under increasing international pressure over the disappearance of journalist Jamal Khashoggi.

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World Bank Offers Disaster-Hit Indonesia $1 Billion in Loans

The World Bank on Sunday announced funding of up to $1 billion for Indonesia after it was rocked by a string of recent disasters, including a deadly earthquake-tsunami that killed thousands.

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'Window of Opportunity Narrowing' on Global Growth, Says IMF

The window of opportunity to keep global growth on track is "narrowing" amid trade disputes and emerging markets crises, the IMF said Saturday, and cautioned against currency wars as a US-China spat threatens to boil over.

The warning from the International Monetary Fund came at its annual meeting with the World Bank in Bali, after it cut its outlook for global GDP growth this week by 0.2 percentage points to 3.7 percent for 2018 and 2019.

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US-China Trade Row not a Threat to World Economy

US Treasury Secretary Steven Mnuchin pushed back Saturday against warnings that the Washington's trade fight with China imperils the world economy, saying that pushing Beijing to open up will be good for all.

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World Stock Markets Rebound from Rout

Global stock markets rebounded Friday, one day after ferocious losses sparked by heightened economic concerns, notably over rising U.S. interest rates that have drawn attacks from President Donald Trump on his "crazy" central bank.

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U.S. Treasury Secretary Remains Concerned about Weak China Currency

U.S. Treasury Secretary Steven Mnuchin said Friday he had told the head of China's central bank about his concerns over the weakness of China's currency.

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US Treasury Secretary: Economy Strong, Stock Drop a 'Natural Correction'

Treasury Secretary Steven Mnuchin said Friday the US economy remains strong, and the recent decline in the stock market was "just a natural correction."

After two days of sharp declines in US and global stock markets over fears of rising interest rates and the US trade conflicts, Mnuchin said in an interview on CNBC that markets "tend to go too far in both directions" and will have natural corrections.

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China-US Surplus Hits Record, Adding Fuel to Trade War

China's trade surplus with the United States ballooned to a record $34.1 billion in September, despite a raft of US tariffs, official data showed Friday, adding fuel to the fire of a worsening trade war.

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