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South Korea's Moon pledges action against Japan's 'unfair' trade step – CNA

Early on Friday, CAN reports that South Korea’s President Moon Jae-in vowed to take stern action against Japan's decision to strip South Korea of its fast track export status, calling it a reckless and unfair retaliatory action by Tokyo.

The news also quote Korean President Moon’s Cabinet broadcast saying that "We won't be defeated by Japan again."

GBP/USD stays within the negative phase – UOB

FX Strategists at UOB Group remain bearish on Cable and see the likeliness of a drop to the 1.1980 region in the near term. Key Quotes 24-hour view: “
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China’s Wang: US President Trump’s latest tariffs won’t resolve trade war – SCMP

China's Foreign Secretary responded to the US tariffs by saying that it's not a solution to trade war, as per SCMP.
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