English News
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Yen on intervention watch after drop to 150 per dollar, greenback strong
The dollar was buoyant on Thursday, hovering at a near three-week high as Treasury yields rose and appetite for riskier…
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XS.com: Pioneering Innovation and Setting New Benchmarks for Online Trading in MENA
XS.com, the global multi-asset brokerage, has taken center stage with a groundbreaking interview conducted by Economy Middle East. In…
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Indonesia president says rupiah’s drop still ‘safe’, flags tax incentives
Indonesia’s President Joko Widodo said on Tuesday the rupiah’s recent depreciation rate against the dollar was still “safe” for Southeast…
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Asian shares wobble, dollar soft as traders await economic data
Asian equities rose slightly on Tuesday, to stand just off their lowest since November 2022, while the dollar eased as…
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Italy to unveil tax-cutting 2024 budget amid debt worries
Italy’s deficit-hiking 2024 budget due to be approved by cabinet on Monday will cut taxes for workers and increase benefits…
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IMF’s chief economist urges Italy to toughen budget plans -media
The International Monetary Fund wants Italy to make its 2024 budget framework more stringent, as tax cut plans made the…
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Uniqlo owner Fast Retailing annual profit rises 28% to fresh record
Japan’s Fast Retailing Co, owner of clothing brand Uniqlo, reported on Thursday that full-year operating profit rose 28% to reach…
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European stock futures just lower; German inflation retreats
European stock markets are expected to open with minor losses Wednesday, ahead of the release of key U.S. inflation data.…
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European stock futures edge higher; sentiment boosted by falling U.S. yields
European stock markets are expected to edge higher at the open Thursday, benefiting from the strong close on Wall Street…
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Asian stocks slide to lowest this year on rate worries
Asian shares slid on Tuesday to their lowest this year as worries over higher U.S interest rates for longer period…
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Asian stocks sink amid rate hike jitters, China property market woes
Most Asian stocks drifted lower on Thursday, extending recent declines amid persistent fears of higher U.S. interest rates, while Chinese…
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Thailand expects Tesla, Google, Microsoft to invest $5 billion -prime minister
Thailand’s Prime Minister Srettha Thavisin said on Sunday the country expected to receive investment of at least $5 billion from…
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