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Stocks mixed as traders weigh US rates, China stimulus hopes
Stock markets struggled for direction Tuesday as investors weighed Chinese stimulus hopes, political tensions in France and the US interest-rate outlook.Meanwhile oil prices jumped more than two percent as the United States expanded sanctions on Iran’s so-called “shadow fleet” illicitly selling oil to foreign markets.Germany’s blue-chip DAX stock index jumped above 20,000 points for the …
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China’s Xi vows to deepen infrastructure cooperation with Nepal: state media
President Xi Jinping on Tuesday told Nepali Prime Minister Khadga Prasad Sharma Oli that China will offer more support to develop the country’s infrastructure, Chinese state media reported.The leader of the Himalayan republic was in Beijing on Tuesday to meet Chinese leaders, including Xi and Premier Li Qiang, seeking to expand infrastructure cooperation after breaking …
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Stocks jump on China hope, euro rebounds
Stock markets and oil prices jumped Tuesday, supported by hopes China will unveil fresh measures to boost the world’s number two economy.Germany’s blue-chip DAX stock index jumped above 20,000 points for the first time and Paris rebounded even as France braced for new political turmoil.The euro also bounced back against the dollar, which was pressured …