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  • ATHENS, Greece— Greece remains shackled to the austerity demands of its former creditors even though it has officially entered its post-bailout era. Though Greece has little fear of new calls for cutbacks from abroad, the country's fiscal freedom comes at a high price. Prime Minister Alexis Tsipras is expected to address the nation Tuesday from the western...

  • *Iraq imports food, car, construction parts from Iran. BAGHDAD, Aug 21- Iraq's economy is so closely linked to Iran that Baghdad is going to ask Washington for permission to ignore some U.S. sanctions on its neighbour, Iraqi government and central bank officials said. Iraq imports crucial supplies from ally Iran but its other major ally is the United States, which...

  • BEIJING, Aug 21- China's central bank said on Tuesday that it will not resort to strong stimulus to support the slowing economy but will keep liquidity reasonably ample and offer more help to companies which are having trouble obtaining financing. Policies will also be made more forward looking, flexible and effective, the People's Bank of China said in a...

  • Tsipras is due to give a state address from the island, a day after Greece ended its third bailout deal with international creditors who have bankrolled the country in return for tough reforms and austerity monitored by their inspectors since 2010.. Former Prime Minister George Papandreou, who applied for the first bailout from Greece's euro zone partners...

  • SINGAPORE— The craze for "Crazy Rich Asians" is hitting Asia, with a premiere in Singapore followed by openings in several neighboring countries later this week. The film directed by John M. Chu was adapted from Singaporean author Kevin Kwan's best-selling novel of the same name. It follows Chinese-American Rachel Chu as she travels with her boyfriend Nick Young...

  • LONDON, Aug 21- Sainsbury's, Britain's second largest supermarket group which has agreed to buy smaller rival Asda, was again the worst performer of the country's big four grocers in the latest 12- week period, industry data showed on Tuesday. In April Sainsbury's agreed a 7.3 billion pounds cash and shares takeover of Walmart-owned Asda, the No. 3 player- a...

  • *Trump accuses China, Europe of manipulating their currencies. In an interview with Reuters on Monday, President Donald Trump said that China was manipulating its currency to make up for having to pay tariffs imposed by Washington on some imports from China. This kept global trade conflict concerns alive and dented some of the market optimism ahead of upcoming...

  • TEHRAN, Iran— Iran has displayed a new twin-seat fighter jet it says is all Iranian-made and which allegedly has advanced avionics and fire control systems. It said Iran will also manufacture a single-seat version of the fighter jet. Iran already has U.S.-made and Russian-made fighter jets in service.

  • *Trump also accuses China, Europe of manipulating their currencies. LONDON, Aug 21- The dollar weakened on Tuesday after U.S. Trump said on Monday he was "not thrilled" with Jerome Powell's rate hikes and said the U.S. central bank should do more to help him to boost the economy.

  • *Trump also accuses China, Europe of manipulating their currencies. LONDON, Aug 21- The dollar weakened on Tuesday after U.S. Trump said on Monday he was "not thrilled" with Jerome Powell's rate hikes and said the U.S. central bank should do more to help him to boost the economy.

  • BEIJING, Aug 21- China's central bank said on Tuesday that it will keep liquidity reasonably ample but will not resort to strong policy stimulus. Policies will also be made more forward looking, flexible and effective, the People's Bank of China said in a statement issued at a news conference in Beijing, adding that it will improve the transmission of monetary...

  • *Germany due to sell 4 bln euros of 2- year "Schatz". LONDON, Aug 21- The gap between short and long-dated German government bond yields was close to its narrowest in over a year before an auction of two-year debt on Tuesday, partly because of a similar but sharper move in U.S. With Germany due to sell 4 billion euros of two-year Schatz bonds later in the day, the spread...

  • MUMBAI, Aug 21- Small to mid-sized renewable energy companies in India are starting to look like attractive takeover targets as lenders and investors withhold funds, worried by the stiff competition, weak bond markets, low tariffs and high debt besetting the sector. "India's solar industry is becoming a big boys' club," said Rahul Goswami, managing director of...

  • SHANGHAI, Aug 21- China stocks extended their gains on Tuesday, led by technology, consumer and financial stocks, as risk appetite improved on signs the government will relax monetary and fiscal policies to counter the impact of Sino-U.S. trade friction. **Investors also drew solace from a media report that China's major insurers have invested billions of...

  • BEIJING— Multibillion-dollar China- financed projects in Malaysia have been canceled because they aren't needed and will saddle the country with an unsustainable amount of debt, Malaysian Prime Minister Mahathir Mohammad told reporters on the final day of a visit to Beijing on Tuesday. "It's all about pouring in too much money which we cannot afford, we cannot...

  • LONDON, Aug 21- European shares steadied in early trading on Tuesday as caution settled in before trade talks between the United States and China later in the week, though a weaker dollar boosted shares in international earners and commodities sectors. Germany's DAX rose 0.2 percent and Britain's FTSE 100 was also steady. Worries over a trade dispute between...

  • *Current bounce for gold may end around $1,206/ oz- technicals. Spot gold rose 0.4 percent to $1,194.81 an ounce at 0701 GMT, after touching $1,196.27 earlier, the highest level since Aug. 14. "Ultimately is giving much needed strength to gold prices," said Vandana Bharti, assistant vice president of commodity research at SMC Comtrade Ltd. "The dollar index may see...

  • BEIJING, Aug 21- Base metals prices rose on Tuesday, with London copper climbing for a second day and crossing the $6,000- a-tonne mark as the dollar slipped, while the market awaited U.S.- China trade talks in Washington. Copper prices on the London Metal Exchange have fallen by 18 percent from a four-year high touched on June 7 amid concerns a trade row between the...

  • *Investors on sidelines before U.S.- China trade talks. TOKYO, Aug 21- Japan's Nikkei shed losses and edged up after a weakening of the yen spurred futures purchases, but mobile phone carriers tumbled after a media report cited a Japanese official as saying the industry needs reform. The dollar fell below a psychologically important 110 yen level for the first...

  • BEIJING— Malaysian state news agency cites Prime Minister Mahathir as saying multibillion-dollar China- financed projects canceled.