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Monday, July 8, 2019

Asia stocks fall to two-week low as hopes fade for big Fed rate cut, tech stocks drag

Asian stocks fell to their lowest levels in two and a half weeks on Tuesday as hopes dwindled for a hefty interest rate cut by the U.S. Federal Reserve at the end of the month, while technology companies were pulled lower by Apple Inc's overnight slump.


from Reuters: Business News https://ift.tt/2xEy4Jb

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Pound falls as borrowing costs rise to highest since 2008

Economists have warned the rise could ultimately mean further tax rises or cuts to spending plans. from BBC News https://ift.tt/ohNK5jU