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News
Fed to dominate week of central bank meetings
The U.S. Federal Reserve takes center stage in the coming week, eclipsing industry data from China, another grim inflation reading from the euro zone and rate decisions in Japan and Switzerland.
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China unveils details of state-firm reforms as growth sputters
China unveiled details on Sunday of how it would restructure its state-owned enterprises (SOEs), including partial privatization, as data pointed to a cooling in the world's second-largest economy.
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Greek bailout review in October to pave way for debt talks
International creditors expect the first review of Greek reforms under the latest bailout to start in October, bringing changes to a memorandum of understanding signed with Athens and paving the way for debt rescheduling talks, euro zone officials said.
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Chinese premier seeks to quell global markets' China fears
China has fended off the major risks to its financial system while its economic prospects remain positive, Premier Li Keqiang said on Wednesday, as he tried to reassure global markets that Beijing can keep its economy on track and stock markets in check.
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Merkel says reform efforts of euro zone countries have paid off
German Chancellor Angela Merkel said on Wednesday that the euro zone economy was in better shape than a year ago and said reform efforts by countries like Spain and Ireland had paid off.
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Modi tells billionaires 'invest,' says China's pain is India's gain
Prime Minister Narendra Modi and his top economic team on Tuesday assured a group of billionaires that India could withstand global turbulence and China's economic slowdown, then asked them to open their wallets.
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France says debt issuance would be first step for a euro zone budget
A common euro zone budget should initially be funded through joint debt issuance and taxpayers' money should only be used at a later stage, French Economy Minister Emmanuel Macron said on Saturday.
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Germany to beat export record despite China worries: trade body
Germany will set another export record this year despite recent worries of an economic slowdown in China, the head of the German trade association said in an interview published on Sunday.
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