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The trade war threatens Chinese factories’ existence, the world’s largest supplier of consumer goods says. That’s as talks between Washington and Beijing resume.

Traders are certain the Fed will cut interest rates in July, but are unsure of what’s next. All eyes are on Chairman Jerome Powell’s two-day testimony to Congress this week.

Billionaire James Dyson has bought Singapore’s highest penthouse for $54 million, setting a new record for the city.

 

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