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World shares ease, yields rise as yen hits 40-year low
MILAN/SYDNEY, July 1 : World shares started the third quarter cautiously on Wednesday ahead of key U.S. jobs data, as uncertainty over U.S.-Iran negotiations weighed and traders watched for possible Japanese intervention after the yen hit fresh 40-year lows. The MSCI World Price Index slip
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In a warning sign, analysis shows publicly traded credit funds are unprofitable
(Corrects share price graphic by switching line labels)By Nell Mackenzie and Iain WithersLONDON, July 1 : The majority of publicly traded business development companies (BDCs) — the visible part of the private credit market — have turned unprofitable due to falling asset values and rising costs, a
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Germany’s DFB soccer association HQ searched in 2024 Euros ticket probe, Bild says
BERLIN, July 1 : German investigators launched nationwide searches on Wednesday, including at the offices of the DFB soccer association, as part of a probe into suspected ticket and hospitality violations at the 2024 European Championship, the Bild newspaper reported. The raids were prompted by investigations
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European holidaymakers stay closer to home as Middle East conflict reshapes summer travel
Geopolitical uncertainty is prompting more Europeans to book trips later, favour nearby destinations and rethink long-haul holidays, leaving travel firms facing an unpredictable peak season.
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US, Iran officials to hold indirect talks in Doha
DUBAI: Officials from the United States and Iran will on Wednesday (Jul 1) hold indirect technical talks on their deal aimed at ending the Middle East war, a diplomat with knowledge of the talks told AF
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China imposes ‘national security’ rules on overseas investments
The new rules, originally announced on Jun 1, provide authorities with a sweeping legal framework to influence flows of capital and personnel across China’s borders.
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Contractor, supervisor get conditional warning over Lower Peirce Reservoir tree clearance: NParks
The contractor and project supervisor have been issued with a 24-month conditional warning.
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Former air force chief fined for driving into maid who was pushing toddler in stroller
The maid was hospitalised and struggled to return to work due to pain, with her employer having to hire part-time help to take over from her.
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Gold prices fall further after worst quarter in 13 years as interest rate fears hit bullion
Gold fell further on Wednesday, with bullion continuing its slide after suffering its worst quarter since 2013.
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U.S. Treasury yields edge higher as investors await Fed Chair Warsh’s talks in Europe
U.S. Treasury yields rose on Wednesday, as investors awaited more data and clues on the Federal Reserve’s monetary policy path.
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