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Earthquake could cost Turkey up to $84 billion – business groupThe Turkish Enterprise and Business Confederation says the main costs would be rebuilding housing, transmission lines, and infrastructure.
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Asian stocks sink ahead of US inflation update | Joe Mcdonald / AP Business WriterBEIJING—Asian stock markets sank Monday ahead of a US inflation update that traders worry might lead to more interest rate hikes. Tokyo, Hong Kong and Seoul declined. Shanghai advanced. Oil prices declined. Traders hope Tuesday’s inflation data will show upward pressure on US prices is easing, which might encourage the…
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