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May 30, 2017

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MOST READ
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Suspects detained for vandalizing Japan-era statues at school
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Shrimp for NT$120,000! An industry outsider rakes in 13 times the average revenue
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Taiwan launches countermeasures amid invasion by mainland Chinese frogs
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Bamboo raft returns from trip to Japan's Yonaguni Island
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Ceiling tiles fall on McDonald's customers, 3 injured
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Business > Global Markets
Trump makes G-7 deal on trade, takes rain check on climate
Seven wealthy democracies ended their summit Saturday in Italy without unanimous agreement on climate change, as the Trump administration plans to take more time to say whether the U.S. is going to remain in the Paris accord on limiting greenhouse gas emissions.
 
London's benchmark FTSE 100 index dipped Thursday as investors awaited fresh growth and inflation forecasts from a Bank of England expected to announce that it is holding interest rates at a record low 0.25 percent.
 
South Korea's won advanced in Asian trade Wednesday as Moon Jae-in's landslide presidential election win helped investors look past fresh warnings of a nuclear test from the North.
 
The dollar extended gains in Asian trade Tuesday as investors swung their attention to expectations of another U.S. interest rate hike next month, but equities struggled under the weight of profit-taking following the previous day's rally.
 
European stock markets fell Monday and the euro dropped from a six-month dollar high as investors looked beyond Emmanuel Macron's French presidential victory to bet on whether he will be able to push through economic reforms.
 
Renewed jitters over the prospects of slower growth in the world's two largest economies -- the United States and China -- saw oil prices dive, markets sputter and commodities take a hit.
 
European stock markets rose Thursday as investors assessed the outlook for U.S. interest rates following a meeting of the Federal Reserve.
 
Stock markets dropped on Wednesday, with investors looking ahead to the outcome of the Federal Reserve's latest interest-rate meeting.
 
IMF says reforms still needed by Mideast oil giants
The International Monetary Fund (IMF) said on Tuesday oil exporting countries in the Middle East continue to have the world's largest energy subsidy bill and that additional reforms are still needed to curb government spending.
 
Most European and Asian markets advanced Tuesday as investors returned from a long holiday weekend, with eyes now on a Federal Reserve meeting and the release of U.S. jobs data later in the week.
 
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