Tag: cent
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Japan to sidestep funding in tax cut outline, keep fiscal concern alive
TOKYO, Sept 15 : Japan’s government is set to finalise on Tuesday an outline for a consumption tax cut and payouts to households with no mention of how to fund the measures, a move that may keep alive market concern over the nation’s already strained finances.The cabinet approval of the tax cut outline, expec
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Oil prices rise as Saudi pipeline outage, fresh attacks raise supply concerns
Sept 15 : Oil prices rose on Tuesday as concerns over supply disruptions persisted after attacks on Saudi Arabian energy infrastructure left the kingdom’s East-West pipeline offline and cast doubt on efforts to ease shipping risks in the Gulf.Brent crude futures rose $1.24, or 1.18 per cent, to $106.93 a barr
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Dollar rises as Middle East conflict lifts oil, Fed hike looms
NEW YORK, Sept 14 : The U.S. dollar rose across the board on Monday, as the ongoing conflict in the Middle East pushed up oil prices and sent investors towards the safe-haven currency, and as investors braced for the Federal Reserve’s first interest-rate hike in more than two years.Warnings from leaders of t
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Oil settles higher after Saudi strikes stoke supply worries
NEW YORK, Sept 14 : Oil prices settled about 1 per cent higher on Monday as worries about energy supplies mounted following new strikes on Saudi Arabian energy infrastructure and attacks on ships in the Middle East.Both crude benchmarks jumped almost 5 per cent, then retreated from session highs after U.S.
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Dollar gains as Middle East conflict lifts oil, Fed hike looms
NEW YORK, Sept 14 : The U.S. dollar rose across the board on Monday as conflict in the Middle East pushed up oil prices and sent investors towards the safe-haven currency, and as investors braced for the Federal Reserve’s first interest rate hike in more than two years.Warnings from leaders of the biggest AI
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JPMorgan to launch long-awaited ‘frontier’ local currency debt index
LONDON, Sept 14 : JPMorgan is set to launch its long-awaited “frontier” market local-currency government bond index by the end of September, giving investors a new benchmark for nearly $330 billion of debt across some of the world’s fastest-growing economies.Coming almost 20 years after its hard-currency NEXG
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CPC increased oil exports by 22% in August after fewer attacks on tankers, sources say
MOSCOW, Sept 14 : Caspian Pipeline Consortium (CPC) increased its oil exports in August by 22 per cent from the previous month to 6.288 million metric tons, or 1.6 million barrels per day (bpd), as loadings stabilised amid lower attacks on tankers, two industry sources told Reuters.In July CPC Blend oil loadi
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Shares skid in Asia as oil rises, rate hikes loom
SYDNEY: Share markets slid in Asia on Monday (Sep 14) as supply concerns caused oil prices to spike anew, while investors braced for possible interest rate hikes in both the United States and
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Shares slip in Asia as oil climbs, rate hikes loom
SYDNEY, Sept 14 : Share markets slid in Asia on Monday as supply concerns caused oil prices to spike anew, while investors braced for possible interest rate hikes in both the United States and Japan this week.Brent climbed 3 per cent as new strikes on Saudi Arabia and on ships in the Gulf tested nerves,…
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Dollar rises against euro and Swiss franc after US inflation data
NEW YORK, Sept 11 : The dollar edged higher against the euro and Swiss franc on Friday after U.S. inflation data showed a rise in consumer prices, reinforcing expectations that the Federal Reserve will raise interest rates next week. The dollar initially gained after the data release. However, i
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