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May, 24, 2016

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Business > Global Markets
The yen fell against the U.S. dollar on Friday, heading for its biggest weekly fall in over two months over expectations the Bank of Japan may soon expand its already massive monetary easing program.
 
Emerging market currencies went into a tailspin Thursday as the Singapore central bank's surprise decision to loosen monetary policy ignited fears about Asia's developing economies, sending shudders across the region.
 
Oil prices extended losses in Asia Thursday following a rise in U.S. commercial crude stockpiles, while traders turned cautious ahead of a crunch producers' meeting at the weekend.
 
The growth of genetically modified crops has dipped for the first time following two decades of steady increases, according to a study released Wednesday.
 
Oil prices fell on Wednesday, taking a breather after a rally fueled by reports Saudi Arabia and Russia had agreed to freeze output ahead of a key producers' meeting.
 
Tiny South Pacific island nation Nauru has become the 189th member of the International Monetary Fund and the World Bank, the two institutions announced Tuesday.
 
Energy firms led an Asian stock market rally Wednesday as strong trade data from China and news of a deal between Russia and Saudi Arabia to limit oil output injected much-needed optimism.
 
Shellfish behavior — US lobster industry at odds with Sweden
Exactly how 32 American lobsters wound up in Swedish waters isn't clear. But because some were wearing the rubber bands that are put on lobsters' claws in captivity, many suspect the shellfish had been exported to Europe and then either escaped into the wild or were set free by animal rights activists.
 
The International Monetary Fund said Tuesday that the global economy faces wide-ranging threats from weak growth and rising protectionism, warning of possible "severe" damage should the UK quit the European Union.
 
Worldwide PC shipments totaled 64.8 million units in the first quarter of 2016, a 9.6 percent decline from the first quarter of 2015, according to preliminary results by Gartner, Inc.
 
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