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India scraps tax on overseas bond investors in bid to attract foreign capital and shore up the rupee
India has announced several measures to boost capital inflows, including the scrapping of capital gains tax for foreign investors in government bonds.
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European markets open mixed as AI stocks sell-off hits Asia
European stock markets had a mixed opening, as shares fell in Asia, with South Korea’s benchmark dropping more than 5%. This comes as US markets saw sharp declines in several major artificial intelligence-related stocks on Thursday.
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Treasury yields ease as traders await key labor market data
Treasury yields fell on Friday, as investor attention turned to non-farm payrolls and unemployment data.
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Putin hails India ties, Trump calls Modi ‘good friend’
Russian leader Vladimir Putin said that India’s cooperation with the US won’t harm India-Russia relations, while US President Donald Trump said he has a “good relationship” with Prime Minister Narendra Modi. DW has more.
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Germany updates: Wadephul discusses drug crime in Mexico
Johann Wadephul, Berlin’s top diplomat, visits the Latin American country which Germany considers a key partner in the region. The visit comes after Germany’s failed bid for a UN Security Council seat. DW has more.
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Meet the big winners of 2026 oil price volatility — and why their strategies are now shifting focus
Computer-based trend-following hedge funds have successfully capitalized on huge price moves in energy markets.
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Indonesia’s central bank to prepare regulations reflecting wider mandate
JAKARTA, June 5 : Indonesia’s central bank will prepare technical regulations that reflect its wider mandate to support economic growth following the passage of a sweeping new financial system law, its spokesperson said on Friday.Bank Indonesia supported the law and had provided its feedback for the legislati
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UK’s Raspberry Pi lifts annual profit forecast on strong first-half results
June 5 : Single-board computing company Raspberry Pi on Friday raised its full-year 2026 profit forecast, saying strong AI-related demand was expected to result in adjusted core profit “significantly ahead” of market expectations for the year.The company expects first-half core profit of at least $38 million,
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De la Fuente pleased with injury-free friendly as Spain turn focus to US
June 5 : Coach Luis de la Fuente was happy Spain came through their final home friendly without injuries and used the opportunity to hand debuts to several youngsters, but said the intensity would step up a notch once they arrived in North America for the World Cup.Spain, one of the favourites to lift the…
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Thai consumer watchdog to file civil suit against Volvo Cars’ Thai unit, official says
BANGKOK, June 5 : Thailand’s consumer watchdog has approved the filing of a civil lawsuit against the local unit of Volvo Cars and its repair and maintenance unit, Scandinavian Auto Co. Ltd, over battery-related fires in its EX30 model, Pradoemchai Bunchualuai, an adviser to the minister who chairs the watchdog, tol
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