Economy
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Gold breaches $3,800 in record high
Gold climbed to a record above $3,800 an ounce for the first time as precious metals surged, with traders weighing…
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South Korea cannot pay $350 billion to US for tariff deal as Trump suggests: Top aide
South Korea is unable to pay $350 billion upfront in investment in the United States as President Donald Trump suggested…
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Iraq resumes Kurdish oil exports to Turkey after over two-year halt
Crude oil flowed on Saturday through a pipeline from the semi-autonomous Kurdistan region in northern Iraq to Turkey for the…
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US tariffs threaten $3.1 billion of Singapore’s pharma exports, trade talks ongoing
Pharmaceutical companies in Singapore are seeking clarification on whether they would qualify for an exemption from steep tariffs imposed by…
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UAE regulator bars India’s HDFC Bank from taking on new customers at its Dubai branch
HDFC Bank said that its Dubai International Financial Centre (DIFC) branch has been ordered to stop onboarding or soliciting new…
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Ukrainian drones hit oil pumping station in Russia’s Chuvashia: Governor
Ukrainian drones on Saturday struck an oil pumping station in the Russian Volga riverside region of Chuvashia, causing the station…
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Calls grow for first female UN chief in 80 years
In its 80-year history, the United Nations has never had a woman serve as secretary-general — a fact that some…
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Iraq PM confirms reaching agreement with KRG to resume oil exports
Iraqi Prime Minister Mohammed Shia al-Sudani announced on Thursday that the federal oil ministry will receive crude produced from fields…
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Saudi Crown Prince orders freeze on Riyadh rent hikes for five years
Saudi Arabia has announced a sweeping set of new rental market regulations for Riyadh, including a five-year freeze on annual…
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Starbucks to close stores, lay off 900 workers as part of turnaround plan
Starbucks is laying off around 900 non-retail employees and closing some US and Canadian stores as it focuses more of…
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