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Tesla crash raises concerns about autonomous vehicle regulation

The fatal crash of a Tesla Motors Inc Model S in Autopilot mode has turned up pressure on auto industry executives and regulators to ensure that automated driving technology is deployed safely.

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IMF: Brexit could shrink U.K. economy by over 5%

A vote to exit the European Union in this week’s referendum could leave Britain’s economy more than 5 percent smaller by 2019 than if it stays in the 28-nation club, the International Monetary Fund said.

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Asian shares volatile amid Brexit worries, MSCI China decision

​Asian shares were slightly weaker but recovered from near three-week lows on Wednesday as markets digested U.S. index provider MSCI's decision not to include domestic Chinese equities in its indexes and Brexit fears drove investors to assets such as U.S. bonds and the yen.

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MSCI says other issues on China's share inclusion may arise over time

​U.S. index provider MSCI (MSCI.N) said on Wednesday existing stock connect schemes promoted by China are not programs that every investor wants to use and it cannot rule out other issues that may arise over time.

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Samsung SDI "in talks with Tesla over batteries"

Samsung SDI is making progress in talks with Tesla Motors to supply batteries for the U.S. automaker’s Model 3 electric car as well as its energy storage products, a source with direct knowledge of the matter told Reuters.

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Shoppers' paradise lost? Singapore malls suffer as locals, tourists curb spending

​After serving only a handful of customers in five hours on a recent weekday, Sam Goh said he was worried the sportswear shop he manages, LIV ACTIV, will eventually join other brands in leaving Singapore's Orchard Road shopping boulevard.

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Japan's Abe may delay sales tax hike by two years, say media reports

Japanese Prime Minister Shinzo Abe is considering delaying a sales tax hike, originally planned in April 2017, by around two years, Japanese media reported on Friday.

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Japan manufacturers' mood hits 3-year low as yen rise bites

Confidence at Japanese manufacturers tumbled to a three-year low in May and is seen recovering only modestly in the next three months, a Reuters poll found, in a sign the yen's rise is taking its toll on exporters of cars and electronics.

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Toyota hails a ride with U.S. Uber

Toyota Motor Corp. said on Tuesday it would invest in on-demand ride-hailing company Uber, the latest in a wave of high-profile moves by automakers to embrace their potential upstart rivals as partners, customers and sources of valuable data.

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Slumping exports add to headaches for Abe, BOJ

Japan’s exports fell sharply in April and manufacturing activity suffered the fastest contraction since Prime Minister Shinzo Abe swept to power in late 2012, providing further evidence that the Abenomics stimulus policy is struggling for traction.

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To halt smartphone slide, Samsung rewrites playbook

From the way it chooses smartphone components to the models it brings to market, Samsung Electronics has undergone a painful process of breaking from its past to reverse a slide in its handset business.

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High food prices pose challenge to India's inflation target

Prices of many foodstuffs such as pulses, sugar, vegetables and poultry products are set to surge in India in the next three months on thin supplies, which could fuel inflation and give the central bank little room to cut rates, said analysts.

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Canadian PM Trudeau says C$30 billion budget gap figure not hard limit

Canadian Prime Minister Justin Trudeau suggested on Thursday that a C$30 billion ($21 billion) budget deficit was not a hard limit as the government's focus should be on spurring economic growth.

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Trump's Supreme Court list: all conservative, some provocative

William Pryor, in urging the U.S. Supreme Court in 2003 to uphold a Texas law banning gay sex, argued against the notion that the U.S. Constitution should safeguard a person's choice of partners.

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Officials: U.S. may raise rates 2-3 times

A U.S. Federal Reserve policymaker said on Tuesday that he will push for an interest rate hike in June or July and two others still see up to three rate increases this year, leaving the door open to a change in monetary policy relatively soon.

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Donald Trump willing to meet North Korea's Kim over nukes, scrap climate deal

Republican presidential candidate Donald Trump said on Tuesday he is willing to talk to North Korean leader Kim Jong Un to try to stop Pyongyang's nuclear programme, proposing a major shift in US policy towards the isolated nation.

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China inflation level remains modest

China’s consumer inflation remained modest in April, while producer prices’ four-year slump moderated as commodity prices rebounded, easing concerns about deflationary risks to the world’s second-largest economy.