Economy
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Bitcoin rallies past $30,000 for first time since June 2022
Bitcoin climbed above $30,000 for the first time since June 2022, bolstered by bets on easier monetary policies that have…
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IMF warns deeper financial turmoil, trims its 2023 global growth outlook slightly
The International Monetary Fund on Tuesday trimmed its 2023 global growth outlook slightly as higher interest rates cool activity but…
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Swiss parliament holds emergency session on Credit Suisse rescue
Since Switzerland’s authorities last month pulled out all the stops to rush through a rescue of Credit Suisse, a storm…
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Airbus first-quarter deliveries drop as supply woes extend into new year
Airbus SE delivered 127 jets in the first quarter, a 9 percent drop from a year earlier, as shortages of…
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Green activist groups target Japan megabanks, utilities on climate action
Investor activist group Market Forces and other environmental nonprofits filed shareholder proposals with several Japanese megabanks and utilities, seeking to…
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Oman repays $2.9 billion in loans in Q1: Finance ministry
Oman repaid 1.1 billion rials ($2.86 billion) in loans in the first quarter, finance ministry figures show, bringing total public…
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India forecasts normal monsoon, easing worries over crop output, economic growth
India, which relies on rain for the vast share of its water, forecast that the monsoon will be normal this…
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Bullish oil bets surge most since 2016 after surprise OPEC+ cut
Speculators ramped up their bullish bets on higher oil prices after OPEC+ jolted markets with a surprise production cut, posting…
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Japan awards defense equipment maker Mitsubishi Heavy 2.8 bln missile contracts
Japan has awarded its largest defense equipment maker Mitsubishi Heavy Industries contracts worth 378 billion yen ($2.84 billion) to develop…
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Egypt’s headline inflation rate increased to 32.7 percent in March
Egypt’s annual urban consumer inflation rate in March climbed to 32.7 percent year-on-year, just shy of an all-time record, from…
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