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  • CHENGDU, China, July 23- China has demonstrated commitment to moving toward a market-driven exchange rate, said a senior U.S. He also said he saw a path for China to manage a soft landing for its economy. In the past, China has often been accused of suppressing its exchange rates to support exports, but in recent years the central bank has intervened more frequently to...

  • CHENGDU, China, July 23- U.S. Treasury Secretary Jack Lew said commitments by G20 members to refrain from competitive currency devaluations have helped sustain economic confidence, according to a statement summarising discussions between Lew and Japanese Finance Minister Taro Aso. Lew also "reinforced the importance" of working quickly to approve and...

  • *Canadian dollar ended at C $1.3146, or 76.07 U.S. cents. *C$ touched its weakest since May 24 at C $1.3185. The core inflation rate which is closely watched by the Bank of Canada, remained at 2.1 percent. "

  • Mexico's blue-chip IPC stock index rose 0.36 percent, driven by financial services and retail company Grupo Elektra, which rose more than 8 percent a day after it posted stronger quarterly results. Brazil's benchmark Bovespa stock index tracked the S&P 500 higher, with shares of Localiza Rent a Car SA leading the gains. Currencies such as Brazil's real and...

  • The dollar index also hit its highest level since March.

  • U.S. Presidential candidate Hillary Clinton and U.S. Senator and former presidential candidate Bernie Sanders

    Plenty of trading tax proposals have been floated around by politicians, but how effective would they really be?

  • *Sterling tumbles as poor U.K. data stoke recession worries. NEW YORK, July 22- U.S. stock prices rose on Friday, marking four straight weeks of gains, while sterling dropped on bleak data that raised fears about a possible British recession following the country's June 23 vote to leave the European Union. You have a strong package of data that have been constructive...

  • Eurozone post-Brexit PMIs fall less than feared

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including PMI releases for eurozone countries.

  • *World equity prices fall, S&P and Dow below record peaks. *Sterling tumbles as poor U.K. data stoke recession worries. NEW YORK, July 22- World stock prices slipped modestly on Friday, while sterling dropped on bleak data that raised fears about a possible British recession following the country's June 23 vote to leave the European Union.

  • LONDON, July 22- Sterling fell 1 percent and gilts rose on Friday after surveys showed business activity had wilted in the wake of the Brexit vote, bolstering expectations the Bank of England will have to do more next month to stimulate growth. Sterling fell more than 1 percent to $1.3085 down from $1.3270 beforehand and on track for weekly losses.

  • LONDON, July 22- Sterling dived and gilts rose on Friday after surveys showed business activity had wilted in the wake of the Brexit vote, bolstering expectations the Bank of England will have to do more next month to stimulate growth. Sterling fell 0.5 percent to a day's low of $1.3165 down from $1.3270 beforehand. "Sterling has been hit quite hard as you would...

  • LONDON, July 22- Expectations of a renewed divergence between Japanese and U.S. monetary policy weighed on the yen on Friday as markets mulled the first major business sentiment surveys on the health of the European economy since last month's Brexit vote. In early trade in London, the yen was down 0.3 percent on the day, having recovered from six-week lows after...

  • TOKYO/ SINGAPORE, July 22- Asian stocks dipped on Friday after weak corporate results halted Wall Street's record run overnight, while the yen held to large gains made after the Bank of Japan governor downplayed the need for "helicopter money" stimulus. European markets are also likely to open lower, with financial spreadbetter CMC Markets expecting Britain's...

  • SHANGHAI, July 22- The yuan edged up against the dollar for a fourth straight day on Friday, heading for its biggest weekly gain since April, as traders said state-owned banks were suspected of supporting the currency in the morning. Friday is the last trading day before the Group of 20 finance ministers and central bankers meet in Chengdu, China this weekend.

  • TOKYO/ SINGAPORE, July 22- Asian stocks dipped on Friday after weak corporate results halted Wall Street's record run overnight, while the yen held to large gains made after the Bank of Japan governor downplayed the need for "helicopter money" stimulus. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.4 percent. China's CSI 300 index and the...

  • TOKYO, July 22- The yen hovered above six-week lows in early Asian trade on Friday after comments from Bank of Japan Governor Haruhiko Kuroda dented speculation Japan may be preparing a radical "helicopter money" economic stimulus. With Prime Minister Shinzo Abe crafting a massive spending package worth about $190 billion to bolster the economy, some...

  • *Weak results from Intel and transport companies weigh on Wall St. TOKYO, July 22- Asian stocks dipped early on Friday after weak corporate results halted Wall Street's record run overnight, while the yen held to large gains made after the Bank of Japan's governor downplayed the need for "helicopter money" monetary policies. MSCI's broadest index of Asia-Pacific...

  • TOKYO, July 22- Nearly four in 10 Japanese manufacturers say they may cut their annual earnings targets in the wake of Britain's decision to leave the European Union, fretting about the impact of a surge in the safe-haven yen, a Reuters poll showed. Almost all firms flagging possible downward revisions said they expected any cuts to be small rather than large,...

  • NEW YORK, July 21- Stock prices around the world fell on Thursday on disappointing earnings, while the yen jumped after Bank of Japan chief Haruhiko Kuroda said he saw no need to use "helicopter money" to boost the world's No. 3 economy. Treasuries and other low-risk government debt, whose yields had risen from record lows linked to Britain's stunning vote to leave...

  • 100 dollar bills

    The dollar fell after a six-week high against the yen, while the Euro showed little change after ECB keeps policy unchanged.