Deutsche Bank Troubles Raise Fear of Global Shock

LONDON — Germany’s largest bank appears in danger, prompting frenzied selling on stock markets worldwide. Yet the biggest source of worry is less about its finances than a vast tangle of unknowns — not least, whether Europe can muster the will to mount a rescue in the event of an emergency.

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China Manipulates Its Currency, but Not in the Way Trump Claims

HONG KONG — In Monday’s presidential debate, Donald Trump repeated one of his frequent criticisms of China: It keeps its currency artificially cheap. Of all the countries in the world, he said, China is “the best ever” at devaluing its currency, the renminbi.

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