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Malaysia opens crowdfund to help pay $250bn debt

Move comes shortly after PM Mahathir Mohamad took reins of power following May 9 election victory.

Read more: Malaysia opens crowdfund to help pay $250bn debt

   

US hits EU, Mexico and Canada with steel, aluminium tariffs

EU set to impose 'counter-measures' as US announces tariffs on steel and aluminium imports from EU, Canada and Mexico.

steel

Read more: US hits EU, Mexico and Canada with steel, aluminium tariffs

   

Roman Abramovich reportedly granted Israeli citizenship

Israeli media reports say Russian billionaire and Chelsea club owner given citizenship after visa delays in the UK.

Roman Abramovich

Read more: Roman Abramovich reportedly granted Israeli citizenship

   

Brazil truck strike continues despite deal

Nationwide strike over soaring fuel prices enters ninth day, despite government concessions.

Read more: Brazil truck strike continues despite deal

   

Erdogan asks Turks to prop up lira amid currency volatility

The Turkish currency has lost about 20 percent of its value since the beginning of the year.

foreign exchange rate

Read more: Erdogan asks Turks to prop up lira amid currency volatility

   

Germany's Deutsche Bank to lay off more than 7,000 workers

Germany's biggest lender to decrease workforce from 97,000 to 'well below' 90,000 as part of cost-cutting strategy.

Christian Sewing

Read more: Germany's Deutsche Bank to lay off more than 7,000 workers

   

Malaysia sets up new task force over 1MDB scandal

Agency responsible for seizing assets acquired using funds allegedly siphoned from the fund created by former PM Najib.

 former Prime Minister Najib Razak

Read more: Malaysia sets up new task force over 1MDB scandal

   

Argentina seeks IMF help, opposition says bad move

The loan request to stabilise its economy brings back memories of a 2001-2002 financial crisis that many blamed on IMF.

IMF OUT

Read more: Argentina seeks IMF help, opposition says bad move

   

Defence company stocks rise after US pulls out of Iran deal

Price of crude oil rises as well, but several companies that do business with Iran experiencing stocks decline.

Lockheed Martin

Read more: Defence company stocks rise after US pulls out of Iran deal

   

Understanding the Iran deal: What, why and what's coming next

US President Trump has withdrawn from the Iran nuclear deal and is set to renew sanctions, but what does this mean?

Read more: Understanding the Iran deal: What, why and what's coming next

   

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Trade war looms as Trump eyes tarif...

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Disputes over trade tariffs, Russia...

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Global_News

Levies could reach $55bn, officials say, as Trump tries to fulfill campaign pledge to close $336bn deficit with China.

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