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UBS
REUTERS

UBS charged with tax fraud in France

Swiss bank UBS was charged with tax fraud in Paris for allegedly helping rich French clients to hide money in Switzerland.

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IMF snips US growth

The International Monetary Fund said it expects the US economy to grow even more slowly this year.

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NewRandMoney
Reuters.

Rand hits two-month high

South Africa's rand rallied to a two-month high against the US dollar, caught up in an emerging markets rally and extending gains after local inflation data.

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