Gold prices crept lower on Wednesday as markets awaited more cues on the raising of the U.S. debt ceiling, while copper prices slid after data…
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Economic Development In Asia Still Faces Many Challenges, China Minister Says
Economic and trade development in the Asia-Pacific still faces many disturbances and challenges, China’s commerce minister Wang Went said. Wang made the comments at the…
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Japan outshines Asian Stocks On Tech Strength, Chinese Markets Lag
Japanese stocks moved back towards a 33-year high on Friday, outpacing their Asian peers amid increased optimism over chipmaking stocks, while Chinese markets lagged as…
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South Korea Asks US to Review China Rule For Chip Subsidies
South Korea has asked Washington to review its criteria for new semiconductor subsidies, concerned over the impact of rules to limit chip investment in countries…
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Crypto verse: Busy Bitcoin Births New Breed of Crypto
Daily transactions have rocketed to an all-time high of 682,000 this month, according to data from Glasson, almost 40% higher than the previous peak in…
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Australia wins U.S. Support For Critical Minerals Industry
Australia has won the backing of the United States for development of its critical minerals industry after the two countries reached an agreement to coordinate…
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Explainer-What India’s Decision to Scrap Its 2000-Rupee Note Means For its Economy
India will withdraw its highest denomination currency note from circulation, the central bank said on Friday. The 2000-rupee note, introduced into circulation in 2016, will…
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European Stock Futures Higher; U.S. Debt Optimism, Solid Earnings Help Tone
European stock markets are expected to open higher Friday, benefiting from the global optimism that a U.S. debt default will be avoided, but concerns about…
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Six Pacific Countries At High Risk Of Debt Distress – World Bank
Six Pacific countries are at a high risk of debt distress in part due to government spending to respond to the COVID-19 crisis, the World…
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Commerzbank Doubles Quarterly Profit, Helped By Higher Interest Rates
Germany’s Commerzbank (ETR:CBKG) said on Wednesday that net profit nearly doubled in the first quarter, a better-than-expected result helped by higher interest rates. The bank…
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