The rupee is suffering as a result of Indians buying too much gold. The government has called for citizens to resist temptation. Investors are getting nervous.
German exports recorded a surprise fall in October for the second straight month while imports grew, narrowing the massive trade surplus of Europe’s biggest economy. But the decline is unlikely to silence critics.
The latest OECD economic outlook predicts global growth of almost 4 percent in 2018. However, it also expresses concerns over a lack of investment, which it says could dent momentum in the global recovery.
Fresh data is showing that rebounding exports and rising business investments were the main drivers of growth in Europe's largest economy over the summer, confirming Germany's robust expansion.
Tensions over North Korea's nuclear ambitions and discord over the THAAD missile defense system are set to dominate the agenda when South Korean President Moon Jae-in meets his Chinese counterpart Xi Jinping this week.
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