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TOKYO: Asian shares fell on Tuesday as fears about a drawn out Sino-U.S. trade war, protests in Hong Kong and a crash in Argentina's peso currency drove investors to safe harbors like bonds, gold, and the yen.
Dubai: Amlak Finance PJSC is nearing a deal to restructure debt for a second time as the Dubai-based Islamic mortgage provider navigates an ongoing property slump, according to sources.
UNWATUNA/GALLE, Sri Lanka (Reuters) - Pearl Divers, a diving school on one of Sri Lanka's most popular southern beaches, shut shop for two months after suicide bombers attacked churches and hotels on the island on Easter Sunday, killing about 250 people. It had no customers as tourists cancelled holidays, and its manager Nuwan Harshana says he took two months leave and a pay cut.
LONDON: Emerging market central banks accelerated interest rate cuts in June, with policymakers rushing to trim benchmarks as major central banks including the U.S. Federal Reserve and the European Central Bank adopted a more dovish tone.
SINGAPORE: Real interest rates in South Asia are among the highest in the world, raising the prospect of more dovish monetary policy in the region.
ROME: The Italian parliament on Saturday passed the government’s 2019 budget just ahead of an end-year deadline, following last week’s deal with the European Commission which calmed financial markets and averted a risk of fines against Rome.
HONG KONG: The yuan dropped against the dollar on Monday as the United States kept up pressure on China in their bitter trade dispute and as expectations grew that China’s central bank could cut lending rates to combat weakening economic growth.
RIO DE JANEIRO (Reuters) - Jair Bolsonaro, the far-right former Army captain who won Brazil's presidential weekend election, said on Monday he would press ahead with loosening gun laws this year and planned to visit Washington D.C. after a friendly call with U.S. President Donald Trump.