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China said Wednesday it has imposed sanctions on 12 U.S. companies and their 10 executives in response to American arms sales to Taiwan, announcing its measures against Washington for the third straight day following the inauguration of the island's new leader. The 12 firms include units of Lockheed Martin Corp. and Raytheon Co. The measures include ...
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We have seen a sizeable drop in precious metals prices today, with gold off by 1.2% and silver about 2% worse off compared to Tuesday’s close. The drop has coincided with a recovery in the US dollar. We have heard some hawkish-leaning remarks from various Fed officials this week, while the RBNZ talked up the prospects of another rate rise overnight. In the ...