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Advanced search
Showing 1-10 of 892 results
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China's strong economy drives global oil consumption
Published on 27/03/2023
» Entering 2023, the price of crude oil is stable slightly lower than last year, the Russia-Ukraine war continues into the 2nd year, and China has returned to open the country which tends to increase oil demand. However, what affects the price of oil is not just the fundamental factors of oil production or consumption, but also economic and financial aspects that are linked to fund flows. At present, investors are concerned about the monetary policy of the Federal Reserve (Fed) that if the policy rate is raised higher for longer than expected, it will cause a sell-off of risk assets including oil. From December 2022 until now, the price of ICE Brent crude oil has never moved above $90 per barrel, compared to last year when the price exceeded $100 per barrel from March-August 2022 and even exceeded $128 per barrel for a while.
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Ethiopia removes rebel Tigray party from terror list
AFP, Published on 22/03/2023
» ADDIS ABABA: Ethiopia's parliament on Wednesday removed the rebel Tigray People's Liberation Front (TPLF) from an official list of terrorist groups, a key step in the peace process following the two-year conflict in the country's north.
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Credit Suisse shares slump 64% after UBS deal
Published on 20/03/2023
» LONDON/ZURICH: Shares in Credit Suisse dropped 64% after the market opened on Monday after rival UBS agreed at the weekend to take over the 167-year old bank for $3 billion.
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SET rides Asian rebound as bank worries ease
Business, Nuntawun Polkuamdee, Published on 18/03/2023
» RECAP: Asian equities advanced yesterday after a rescue package for First Republic Bank fuelled a rebound in US shares. Even so, the MSCI gauge of Asian shares recorded a second weekly loss after the recent turbulence in the global banking sector.
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Crypto-linked bank failures fuel regulation debate
AFP, Published on 17/03/2023
» LONDON: The global cryptocurrency industry has been slammed by setbacks, scandals and high-profile failures in recent months, sparking a regulatory rush to protect consumers from fraud and scams.
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Macron, Sunak seek to overcome years of feuding
AFP, Published on 09/03/2023
» PARIS: French President Emmanuel Macron and British Prime Minister Rishi Sunak will seek to reset cross-Channel relations at a Paris meeting on Friday, signalling an end to years of feuding between the two capitals.
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Baker Tilly Asia expansions
Business, Nareerat Wiriyapong, Published on 02/03/2023
» Thailand and other Asia Pacific countries hold great opportunity for their economy to grow and for Baker Tilly to expand its presence here after the London-based global accounting firm posted a record revenue of US$1 billion from this region last year, executives say.
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Asian markets mixed but SET sees correction
Business, Nuntawun Polkuamdee, Published on 25/02/2023
» RECAP: Asian markets were mixed yesterday, with traders still preoccupied by interest rate worries, though Tokyo rallied after the man tipped as Japan's next central bank head made the case for keeping its ultra-loose policy.
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Ethiopia PM holds first meeting with Tigray leaders since peace deal
AFP, Published on 04/02/2023
» NAIROBI - Ethiopian Prime Minister Abiy Ahmed on Friday held his first face-to-face meeting with Tigrayan leaders since a peace deal was agreed last year, officials and state media said.
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Prospects await in 'land of diversity'
Business, Published on 30/01/2023
» India is set to become the world's most populous nation this year, overtaking China, according to the latest UN report on the global population.
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