Economy
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FTX unit in Japan becomes first to resume customer withdrawals
The Japanese subsidiary of Sam Bankman-Fried’s failed crypto exchange plans to reopen withdrawals on Tuesday, making itself the first of…
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Thailand to ban plastic waste imports from 2025 to cut pollution
Thailand is restricting plastic waste imports and will ban scrap shipments of the material starting in 2025, as officials seek…
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Dubai’s DIFC has about 60 hedge fund firms waiting to be licensed: Governor
The Dubai International Financial center (DIFC) has about 60 hedge fund firms, with north of a trillion dollars in assets…
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China is taking control of LNG amid boom in global demand
A rush by China to sign new long-term liquefied natural gas deals promises to give the nation even more control…
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Dubai government redeems $750 mln Islamic bond
The emirate of Dubai’s Public Debt Management Office has redeemed $750 million worth of Islamic bonds, or sukuk, issued on…
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Amazon calls staff back to office three days a week
Amazon will require all office staff to work in-person at least three days a week, ending a policy that left…
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UAE, India mark first anniversary of signing of landmark CEPA with series of events
Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, has marked the first anniversary of the signing…
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IEA head warns of tighter energy supply next winter
International Energy Agency (IEA) head Fatih Birol has warned of possible energy shortages next winter as relatively little new liquefied…
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Putin’s war in Ukraine to lop $190 bln off Russian economy in delayed reckoning
Russia avoided an economic debacle in the aftermath of President Vladimir Putin’s war in Ukraine, in what was an opening…
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India’s forex reserves see sharpest fall in more than 10 months
India’s foreign exchange reserves fell the most in more than 10 months on likely dollar sales by the country’s central…
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