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Asian markets drop after US loses last triple-A credit rating
Asian stocks fell with the dollar Monday after Moody's removed the United States' last gold standard sovereign bond rating, citing the growing debt pile that it warned could balloon further.
China factory output beats forecasts, weathering tariffs
Factory output in China grew at a faster rate than expected last month, official data showed Monday, weathering a brutal trade war with Washington. Data on Monday showed retail sales, a key gauge of domestic demand, grew 5.1 percent year-on-year last month, short of the 5.8 percent growth forecast by Bloomberg.
$TRUMP dinner blurs lines between profit and politics
More than two hundred guests on Thursday will make their way to a ritzy country club just up the Potomac River from Washington, ready for a sumptuous dinner hosted by the president of the United States.
France to unveil €37 bn in foreign investment at Versailles summit: presidency
France will announce 37 billion euros ($41.3 billion) in foreign investment on Monday as President Emmanuel Macron hosts more than 200 top executives at a business summit in Versailles, the French presidency said. The remaining 17 billion euros was announced in February and has now been finalised and tied to specific sites, the presidency added.
Global chip giants converge on Taiwan for Computex
Global semiconductor chip giants will gather at Taiwan's top tech expo this week to showcase "the next frontier" for an industry dominated by artificial intelligence.
Control tower breakdown brings flight chaos to Paris airport
A control tower breakdown forced the cancellation of about 130 flights at Paris Orly airport Sunday, leaving thousands of passengers to scramble for alternative routes, officials said. The airport spokesman said about half the 130 cancelled flights were departures and half incoming flights.
India restricts some imports from Bangladesh through land ports
India's commerce ministry announced restrictions on some imports from Bangladesh via its land borders, prompting fears for the South Asian country's export-reliant economy. The announcement came a month after Bangladesh banned yarn imports from New Delhi through the same land routes.
Tunisian 'revolution oasis' palm grove thrives on self-rule
Since the inhabitants of Jemna in southern Tunisia wrested control of their 100-year-old palm grove from the state during the 2011 Revolution, residents say their lives have radically improved. Now, 15 years later, Ettahri said residents were still waiting to "settle the issue legally with the state".
Paris kidnap bid highlights crypto data security risks
New regulations threaten the security of the personal data of cryptocurrency users and may expose them to "physical danger", the platform at the centre of last week's Paris kidnapping attempt has claimed.
AFP
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