Deutsche Bank bites the bullet - Turkish lira down on central bank chief sacking
In the latest move in a tit-for-tat economic and diplomatic dispute, Seoul has accused Tokyo of unlawfully choking off key materials used in making high-tech smartphones and TVs.
Donald Trump says his administration will enter into an initial bilateral trade deal with Japan in the coming weeks. But the fate of cars and a currency clause remain unresolved.
Animosity between Tokyo and Seoul has continued to rise at a time when regional cooperation is critical. This growing rift could soon have very negative consequences for both countries.
Outgoing ECB President Mario Draghi has achieved his goal of further cuts to interest rates and the renewal of bond buying for the euro area. But some policymakers are skeptical that the move was necessary.
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