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U.S. mortgage applications fall in latest week: MBA
Applications for U.S. home mortgages fell last week as interest rates rose to the highest level since March, an industry group said on Wednesday.
China economy loses more steam in April, further stimulus on the cards
China's money supply grew at its slowest pace on record and investment growth sank to its lowest in nearly 15 years as April data showed the world's second-largest economy was still losing momentum despite a concentrated burst of policy easing.
Facebook to let nine news companies publish news to mobile feeds
Facebook Inc tied up with nine news publishers to launch "Instant Articles" that will let them publish articles directly to the social network's mobile news feeds.
Japan's three top carmakers to expand Takata air bag recalls by millions
Japan's three biggest carmakers said on Wednesday they would expand a huge global recall triggered by potentially fatal air bags made by Takata Corp, saying they were taking back millions of vehicles worldwide for investigation.