Economy
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Cash-hungry Adani utility shows funding urgency to power India
As shares of Gautam Adani’s conglomerate recover from an epic rout, the big question looming over the Indian tycoon is…
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Turkey sovereign dollar bonds rise as markets await Erdogan’s economic team
Turkey sovereign bonds rose more than two cents on the dollar on Tuesday as markets waited for President Recep Tayyip…
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Vietnam eyes multi-million-dollar handouts to Samsung in bid to offset global tax
Samsung and other foreign companies are pushing Vietnam to introduce a multi-million-dollar reform that would compensate them for higher levies they face from…
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BRICS Bank invites new members as Saudi Arabia looks to join
The New Development Bank, the lender created by the BRICS group of nations, will widen its membership as it seeks…
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Bearish oil bets slide after Saudis tell speculators to ‘watch out’
Saudi Arabia’s top energy official told short sellers to “watch out” last week. Traders of global benchmark Brent oil were…
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Japan’s Nikkei hits 33-year high on weak yen, US optimism
Japan’s Nikkei share average rose to its highest level since July 1990, buoyed by optimism over a US debt ceiling…
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Goldman cuts Israeli shekel forecasts on politics, intervention
Strategists at Goldman Sachs Group Inc. have revised their forecasts to reflect a weaker shekel on renewed concerns that Prime…
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Iraq boosts gold reserves by two percent in single day in gradual buildup
Iraq’s central bank boosted its gold reserves by about 2 percent in a single day last week as part of…
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Chinese minister urges Japan to halt export curbs on chip manufacturing tools
Chinese Commerce Minister Wang Wentao urged Japan to halt semiconductor export controls, calling it a “wrongdoing” that “seriously violated” international…
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India to push back against ‘agenda-driven,’ ‘neo-colonial’ rankings: Modi advisor
India plans to push back against “agenda-driven,” “neo-colonial” country rankings produced by global agencies on topics like governance and press…
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