Tag: Business
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Oil falls after US-Iran talks conclude in Switzerland
NEW DELHI, June 22 : Oil prices declined on Monday after U.S.-Iran talks concluded in Switzerland with Tehran saying it had secured waivers for oil and petrochemical exports, easing worries about a supply shortage in global markets.Brent crude fell $1.68, or 2.09 per cent, to $78.89 a barrel by 0633 GMT. Pric
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South Korea watchdog regrets rushed launch of leveraged ETFs, considering measures
SEOUL, June 22 : South Korea is considering introducing stabilising measures as leveraged products tied to semiconductor stocks stoke volatility in the country’s stock market, the market watchdog said on Monday, adding these products were introduced too hastily. Lee Chan-jin, governor of the Financial Supervi
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Asian stocks gain, oil slips as Iran talks progress
SYDNEY, June 22 : Asian share markets swung higher on Monday as Iranian negotiators said progress had been made in peace talks with the United States, helping calm fears the process was breaking down.Officials from Qatar and Pakistan also released a statement saying the first session of talks had concluded an
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Thailand will raise its annual economic growth potential to 3% by 2030, Finance Minister says
BANGKOK, June 22 : Thailand plans to lift its economic growth potential to 3.0 per cent from 2.7 per cent by 2030, Finance Minister Ekniti Nitithanprapas said on Monday.• The government will drive economic growth through “four pillars” including new investment, trade and services like tourism and agricultur
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Brent falls after US-Iran talks conclude in Switzerland
NEW DELHI, June 22 : Brent crude prices slid on Monday after U.S.-Iran talks concluded in Switzerland with Tehran saying it had secured waivers for oil and petrochemical exports, easing worries about a supply shortage in global markets.Brent crude fell $1.19, or 1.48 per cent, to $79.38 a barrel by 0416 GMT.
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WiseTech shares tumble on news reports police are investigating founder White
June 22 : Shares of WiseTech Global fell 14 per cent on Monday on widespread media reports that the Australian Federal Police were investigating its executive chairman, Richard White, over claims he exploited a woman’s immigration status for sex and provided false information on a visa application.Reuters cou
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SK Hynix surpasses Samsung Electronics to become South Korea’s most valuable firm
SEOUL, June 22 : The market value of South Korean chipmaker SK Hynix briefly topped that of peer Samsung Electronics on Monday to make the company the country’s most valuable firm. Shares of SK Hynix traded up 5.7 per cent to bring the company’s market capitalisation to 2,082.5 trillion won ($1.35 trillion) a
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Stocks rally in Asia as Iran cites progress in talks
SYDNEY, June 22 : Asian share markets swung higher on Monday as Iranian negotiators said progress had been made in peace talks with the United States, helping calm fears the process was breaking down.Officials from Qatar and Pakistan also released a statement saying the first session of talks had concluded an
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Stocks slip in Asia, oil up on peace doubts
SYDNEY, June 22 : Most share markets slipped in Asia on Monday as doubts about the Middle East peace process sent oil prices and bond yields up again, leading investors to price in more risk of higher U.S. interest rates.Sterling eased amid reports Prime Minister Keir Starmer was considering his political fut
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Pixar’s ‘Toy Story 5’ lassos biggest opening weekend in franchise history with $160 million haul
Disney and Pixar’s “Toy Story 5” tallied $160 million domestically during its opening weekend, the highest debut in franchise history.
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