US economy sees 3% growth, shrugging off hurricanes

The US economy continued to expand at a robust three percent clip in the third quarter despite back-to-back hurricanes, hitting President Donald Trump’s growth target for the second time since he took office, official data showed Friday, GDP growth in the world’s largest economy had its best six-month stretch since mid-2014, handily absorbing the shocks of… Please follow and like us:

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Dollar, most Asia markets rise as US data pip N. Korea concerns

The dollar extended gains and most Asian equities advanced Thursday as strong US growth and jobs data helped traders move past North Korea’s missile test but oil struggled as deadly storm Harvey batters the Gulf Coast. Markets across Asia rallied Wednesday after the previous day’s North Korea-fuelled losses as US President Donald Trump’s apparently measured response… Please follow and like us:

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Crackdown on Trade ‘Cheaters’ Raises Concern in Asia about US Trade Policy

Strong trade ties between the United States and nations in Southeast Asia are under a cloud as a U.S. investigation into trade imbalances gets underway. Regional governments say the apparent policy shift has spurred concern and anxiety. A 90-day investigation by the U.S. Commerce Department of countries with large trade surpluses with the United States follows… Please follow and like us:

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