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NEW YORK, United States (AFP) — Global stocks rallied Friday as US-China trade negotiations yielded a partial deal, while the British pound surged for a second straight session on signs that London and Brussels could still avert a no-deal Brexit. The US-China agreement, announced in the closing minutes of Friday’s Wall Street session, halts new US tariffs that were scheduled to go into effect next week and includes a Chinese promise to ramp up purchases […]
HONG KONG, China (AFP) — Asian markets swung throughout Friday as investors weighed China-US trade speculation, while the pound struggled to stage a strong recovery from the previous day’s Brexit-fueled bruising. As a volatile week drew to a close, some stability emerged in the oil sector with earlier sharp losses tailing off, providing relief to regional energy firms. Hopes that the world’s top two economies are making efforts to resolve their painful tariffs standoff provided […]
BRUSSELS, Belgium (AFP) — European Council head Donald Tusk warned Wednesday there was “no guarantee” EU leaders would clinch a deal to keep Britain in the bloc at a crucial summit, as German Chancellor Angela Merkel backed London’s demands for reform. Only hours before the make-or-break summit in Brussels, which he will chair, Tusk said: “After my consultations in the last hours I have to state frankly — there is still no guarantee that we will […]
