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37 killed in road accident in central Cameroon

Thirty-seven people died in a road accident in Cameroon early Sunday with 19 others seriously injured, according to local authorities.The accident took place in Ndikinimeki of Mbam-et-Inoubou divisio

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Thousands evacuated as eruption of Mount Semeru in Indonesia

The eruption of MountSemeru in Indonesia blanketed a massive area with volcanic ash, destroying property and killing livestock. Thousands have been evacuated as lava and

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U.S. trade deficit widens as exports fall to lowest level since 2009

The U.S. trade deficit widened in May as the COVID-19 pandemic pushed tis exports to their lowest level since 2009, strengthening expectations the economy will contract in the second quarter at it

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Japan business confidence at lowest since 2009: survey

People wearing protective masks are seen in the Shibuya shopping district in Tokyo, Japan, February 24, 2020. /Reuters Confidence among Japan's biggest manufacturers has tumbled to the lowest

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Japan's large manufacturers' sentiment tumbles to lowest level in 11 years

Japan's large manufacturers' business confidence tumbled in June owing to the adverse economic impact caused by the coronavirus pandemic, the Bank of Japan (BOJ) said

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Nike reports $790 million Q4 loss as sales plunge on COVID-19 hit

Sports giant Nike reported a surprise loss Thursday as shutdowns due to COVID-19 prompted a big drop in revenues in spite of higher online sales.Nike reported a loss of 790 million U.S. dollars in th

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Japan's current account surplus drops 32.1 pct in March amid COVID-19

Japan's current account surplus dropped 32.1 percent in March on year, as exports and the travel balance nosedived owing to the effects of the global COVID-19 pandemic, the government said in a repor

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Dow plunges over 600 points as sell-off accelerates

U.S. stocks traded sharply lower with the Dow down more than 600 points at midday Friday as sell-off accelerated on Wall Street. The Dow Jones Industrial Average slumped 603.04 points, or 2.48 percen

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Wall Street sinks amid oil collapse

U.S. equities ended sharply lower on Tuesday as Monday's steep sell-off in oil futures rattled investors. The Dow Jones Industrial Average plunged 631.56 points, or 2.67 percent, to 23,018.88. The

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U.S. stocks open sharply lower amid oil crash

U.S. equities opened sharply lower on Tuesday amid steep sell-off in oil prices. Shortly after the opening, the Dow Jones Industrial Average sank 527.59 points, or 2.23 percent, to 23,122.85. The

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China's consumer market recovering from coronavirus-induced downturn

A Chinese commerce official said Thursday that the country's consumer market is recovering from a coronavirus-induced slump. As the country's epidemic control and prev

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Urgent: U.S. stocks plunge after Fed slashes rates to near zero

U.S. stocks opened sharply lower on Monday even after the Federal Reserve cut its benchmark interest rate to just above zero and unveiled a huge program of bond-buying amid coronavirus fallout. The S

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Tokyo stocks close substantially lower as virus fears propel global rout

Tokyo stocks closed significantly lower Friday, with the benchmark Nikkei stock index at one point logging the steepest one-day point decline since April 1990, as cont

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Japan's Nikkei logs biggest point fall since April 1990 amid growing virus fears

Tokyo stocks extended losses Friday morning, with the benchmark Nikkei stock index losing more than 1,850 points at one point, dropping below the 17,000 threshold and

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Saudi Aramco share price sharply drops below its initial public offering

Saudi Oil Company (Aramco) share price has dropped below its initial public offering, Arab News reported on Monday. The share tumbled 9.1 percent, its sharpest percenta

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Tokyo stocks close sharply lower on coronavirus concerns, tumbling oil prices

Tokyo stocks closed sharply lower Monday on rising concerns about the global economic impact of the coronavirus, with the yen's rise and tumbling oil prices contributin

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S.Korean automakers' global car sale falls 3.8 pct in 2019

South Korean automakers' global car sale fell last year on soft demand both at home and abroad, industry data showed Thursday. Five local automakers, including Hyundai