Economy
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OPEC+ oil alliance announces surprise production cuts from May
Saudi Arabia and other OPEC+ oil producers have announced voluntary cuts to their production amounting to about 1.15 million barrels…
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US-China chip war: Japan plans to restrict some equipment exports
Japan’s government says it plans to put restrictions on some computer chip-making exports, following similar moves by the US and…
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UK-Asia trade deal to boost UK economy by 0.08%
The UK has signed a deal to join a trade pact with 11 Asia and Pacific nations, three years after…
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Dow shoots up 301 points at end of winning 1st Q
Stocks nudged up Friday as Wall Street ended a turbulent first quarter that had the Federal Reserve tightening rates and market…
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Gold edges up on weaker dollar, US inflation data
Gold prices edged up on Friday led by weakness in the greenback, lower bond yields, and the banking crisis as…
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Unlimited sewage-dump fines for England water companies
Water companies could face unlimited fines for dumping sewage under government plans due to be unveiled in the coming days.…
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Pakistan posts highest-ever inflation in March since 1970: Report
Consumer price inflation in Pakistan accelerated to a record 35.37 percent in March from a year earlier, eclipsing February’s 31.5…
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Lebanon central bank extends ceiling-free sales of US dollars until end of April
Lebanon’s central bank on Friday extended its arrangement allowing banks to purchase an unlimited amount of US dollars on its…
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India offers rupee trade option to nations facing dollar crunch
India will offer its currency as an alternative for trade to countries that are facing a shortage of dollars in…
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India’s ICICI to double wealth team, eyes $60 billion of assets
ICICI Securities Ltd. aims to double its wealth managers and boost the assets from rich clients to $60 billion in…
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