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Dollar recovers from 13-month low on strong PMI readings, Asia stocks subdued

SINGAPORE The dollar crept up from a 13-month low on Tuesday after stronger-than-expected readings on U.S. factory and services activity ahead of the start of a Federal Reserve meeting later in the day, but Asian stocks were subdued.

Recent Business News

EU increases pressure on Facebook, Google and Twitter over user terms

BRUSSELS European Union authorities have increased pressure on Facebook , Google and Twitter to amend their user terms to bring them in line with EU law after proposals submitted by the tech giants were considered insufficient.

24 Jul 2017

Toyota set to sell long-range, fast-charging electric cars in 2022 - paper

TOKYO Toyota Motor Corp aims to begin selling in 2022 an electric car powered by a new type of battery that significantly increases driving range and reduces recharging time, the Chunichi Shimbun daily reported on Tuesday.

2:21am BST

Qualcomm accuses tech group of 'misdirecting' trade regulators

Qualcomm Inc fired back in its case against Apple Inc on Monday, accusing its critics of waging a "coordinated effort aimed at misdirecting" trade regulators.

24 Jul 2017

Volkswagen chief raps Porsche labour boss in Heilbronner Stimme interview

BERLIN Volkswagen CEO Matthias Mueller strongly criticised Porsche's labour chief in German daily Heilbronner Stimme on Tuesday over public remarks about Audi's management, in a sign of growing tensions within the automotive group.

3:01am BST

China's second-half GDP growth seen at around 6.7 percent - official think tank

SHANGHAI China's economy is likely to grow at an annual rate of around 6.7 percent in the second half of 2017, slowing slightly from the first half of the year, the State Information Center (SIC) said on Tuesday.

1:34am BST
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FTSE 100 7,377.73 -75.18 -1.01%
DAX 12,208.95 -- --%
CAC 40 5,127.70 + 0.00 +0.00%
TR Europe 176.90 -0.77 -0.43%
GBP/USD 1.3026 +0.00%
GBP/EUR 1.1177 -0.07%
EUR/USD 1.1652 +0.12%
Gold 1,253.90 +0.00 +0.00%
Oil 46.63 +0.29 +0.63%
Corn 379.75 +2.50 +0.66%