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  • BERLIN, Aug 20- Turkey's currency crisis poses an additional risk to Germany's economy on top of trade frictions with the United States and the possibility of Britain leaving the European Union without a deal, the German finance ministry said on Monday. The Turkish lira has lost nearly 40 percent of its value against the dollar this year, hit by a worsening...

  • TURKISH LIRA CRISIS POSES NEW RISK TO GERMAN ECONOMY IN ADDITION TO US TARIFFS AND BREXIT- GERMAN FINANCE MINISTRY.

  • *BOJ has already tapered bond buying from Y80 trln target. TOKYO, Aug 17- Japan's central bank appears to be growing more comfortable with larger declines in the country's stock prices, a sign it may have begun in the share market what analysts describe as "stealth tapering" of its massive monetary stimulus. The tweak is part of a wider shift to make its reflationist...

  • MEXICO CITY, Aug 19- The United States has dropped a contentious demand from the renegotiation of the North American Free Trade Agreement to impose restrictions on Mexican agricultural exports, Mexico's top farm lobby said on Sunday. Talks to rework the 24- year-old pact are entering a crucial phase and Mexican Economy Minister Ildefonso Guajardo said...

  • DUBAI, Aug 19- Qatar and Turkey's central banks have signed a currency swap agreement to provide liquidity and support for financial stability, Qatar's central bank said on Sunday, days after Turkey's Gulf ally pledged $15 billion in support. The agreement, which was signed by the heads of the two central banks on Friday, will establish a two-way currency...

  • EXCLUSIVE- SAUDI ARABIA'S PIF IN TALKS TO INVEST IN ASPIRING TESLA INC RIVAL LUCID MOTORS INC- SOURCES.

  • *All missing accounted for, crews still checking. MILAN, Aug 19- Rescue workers found the bodies of three members of a family in the wreckage of Genoa's collapsed motorway bridge early on Sunday- the last people reported missing in the disaster, bringing the death toll to 43.. The bodies were recovered from a car crushed under slabs of concrete, the Genoa prefecture...

  • Warner Bros.' highly anticipated romantic comedy launched above expectations with a five-day tally of $34 million when it opened in 3,384 locations. With a three-day weekend total of $25.3 million, "Crazy Rich Asians" swam by fellow Warner Bros. title "The Meg," which earned $21.5 million in its sophomore frame. "Word of mouth is everything," Jeff Goldstein, Warner Bros.'...

  • BERLIN, Aug 19- The European Central Bank is on course towards a less expansive monetary policy, and the projected inflation rate of 1.7 percent for 2020 is in line with its medium term stability goals, the head of Germany's Bundesbank said in an interview. Jens Weidmann, a candidate to succeed current ECB President Mario Draghi when he steps down in October 2019,...

  • BERLIN, Aug 19- The European Central Bank is on course towards a less expansive monetary policy, and the projected inflation rate of 1.7 percent for 2020 is in line with its medium term stability goals, the head of Germany's Bundesbank said in an interview. Jens Weidmann, a candidate to succeed current ECB President Mario Draghi when he steps down in October 2019,...

  • BEIJING, Aug 19- BMW will give the possibility of raising its stake in its Chinese joint venture careful consideration, China's official Xinhua news agency reported on Sunday, citing a company executive. We move forward carefully and seriously, " Thomas Becker, vice president of governmental affairs at BMW, was quoted as saying by Xinhua in response to being asked...

  • MILAN, Aug 19- The search operation for those missing after a motorway bridge collapsed in the Italian port city of Genoa ended overnight after the last three bodies were found, bringing the official death toll to 43.. After three bodies were recovered from a car crushed under slabs of concrete, the Genoa prefecture raised its official death toll.

  • NEW YORK, Aug 17- Two of the world's largest energy-focused hedge funds, Andurand Capital and BBL Commodities, suffered double-digit percentage losses in July as oil prices plunged by the most in two years, sources familiar with the matter told Reuters on Friday. Andurand Capital's Commodities Fund lost 15.2 percent in July, bringing the fund's performance to a...

  • MILAN, Aug 19- The search operation for those missing after a motorway bridge collapsed in the Italian port city of Genoa ended overnight after the last three bodies were found, bringing the official death toll to 43.. A 200- metre section of the Morandi bridge gave way in busy traffic on Tuesday, plunging vehicles and chunks of concrete and twisted metal to the...

  • IZMIR, Turkey, Aug 18- When Andrew Brunson saw a police summons on his door in late summer 2016, the U.S. evangelical pastor thought it was a routine appointment to sort out his residency papers in Turkey, his home for nearly a quarter of a century. He is still in detention and is now at the centre of a diplomatic row that has fuelled Turkey's most serious currency...

  • IZMIR, Turkey, Aug 18- When Andrew Brunson saw a police summons on his door in late summer 2016, the U.S. evangelical pastor thought it was a routine appointment to sort out his residency papers in Turkey, his home for nearly a quarter of a century. He is still in detention and is now at the center of a diplomatic row that has fueled Turkey's most serious currency crisis...

  • BEIJING, Aug 19- China's banking and insurance regulator has asked financial institutions to give more support to infrastructure investment, importers and exporters, and creditworthy companies experiencing temporary problems. The move comes amid a period of uncertainty for China's economy, in part because of an intensifying trade row with the United...

  • BEIJING, Aug 19- China's banking and insurance regulator has asked financial institutions to give more support to infrastructure investment, import and export firms, and companies experiencing "temporary operational difficulties."

  • PUNTO FIJO/ SAN CRISTOBAL, Venezuela, Aug 18- A fter Venezuelan President Nicolas Maduro's 60- fold increase to the minimum wage, storeowners on Saturday wrestled with an anguishing decision: Close up shop or hit customers with steep price hikes at the risk of sinking the business. Economists warned that some companies would go under, unable to shoulder the...

  • PUNTO FIJO/ SAN CRISTOBAL, Venezuela, Aug 18- A fter Venezuelan President Nicolas Maduros 60- fold increase to the minimum wage, storeowners on Saturday wrestled with an anguishing decision: Close up shop or hit customers with steep price hikes at the risk of sinking the business. Economists warned that some companies would go under, unable to shoulder the...