World
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Bank of Korea Signals Possible Rate Hikes
Bank of Korea official signaled shift toward rate hikes. Policy pivot follows rising inflation and steady growth. Benchmark interest rate remained at 2.5% recently. Federal Reserve stance increased pressure on…
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US-Iran War Costs Hit $25 Billion As Political Pressure Mounts Ahead Of Midterms
The United States’ ongoing military campaign against Iran has already cost an estimated $25 billion, according to a senior Pentagon official, marking the first formal disclosure of the financial toll…
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South Asian lifestyle collective Otherland Hotels announces its debut in Sri Lanka
Otherland Galle Sri Lanka has roared back onto the global stage, its visitor numbers surging 50% year-over-year since 2023, fueled by Galle Fort’s charming allure, world-class surf breaks, and a…
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Asia Could Gain From Iran War Fallout
Asia faces energy risks from Strait of Hormuz disruption. Conflict may boost Asian defense, drone and chip industries. Higher oil prices could accelerate electric vehicle adoption. Prolonged shortages could hurt…
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Petrodollar Panic? Why the Iran Conflict May Not Hurt the Dollar After All
Iran conflict revives debate over global role of U.S. dollar Some oil trades shift to yuan and alternative payment systems Analysts say dollar dominance extends beyond oil pricing mechanisms Dollar…
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Warner Bros. shareholders greenlight Paramount’s historic $111 billion takeover
In one of Hollywood’s biggest corporate shake-ups in recent years, Warner Bros. shareholders on Thursday, April 23, approved Paramount’s acquisition by Skydance, marking a major step forward for the blockbuster…
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Nike Cuts Jobs Amid Sales Pressure
Nike to cut about 1,400 jobs globally Layoffs target technology and operations roles across multiple regions Company faces slowing sales and rising competition from rival brands Restructuring aims to improve…
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Kevin Warsh Faces Senate Hearing For Fed Chair
Kevin Warsh faces Senate confirmation hearing for Federal Reserve chair Scrutiny focuses on wealth disclosures and conflict-of-interest concerns Hearing comes ahead of May 15 leadership deadline Senators expected to question…
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Central Bank Trapped: Indonesia Battles Inflation With No Room to Cut Rates
Bank Indonesia (BI), the country’s central bank, is expected to hold its benchmark policy rate at 4.75% this week and keep it there through 2026, as the ongoing Iran war…
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Gold Demand Drops Despite Festival
India gold demand muted during Akshaya Tritiya amid record prices Jewellery buying declines while overall spending rises due to higher prices Consumers shift toward coins as investment demand increases India…
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IMF, World Bank Warn On Limits Of Shock Relief
IMF cuts 2026 global growth forecast to 3.1% World Bank pledges up to $150 billion support Officials cite limits managing repeated geopolitical economic shocks U.S. role in global crisis leadership…
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The Hidden Risk of Using BNPL for Food and Essentials
Buy now, pay later is no longer just for flat-screen televisions. Americans are splitting the cost of eggs, milk, and takeout into installments. And the federal agency built to protect…
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How 9 Million Indians Quietly Held The Gulf Together During Crisis
The Indian diaspora across the Gulf has quietly played a pivotal role in maintaining stability during the recent bout of geopolitical uncertainty in West Asia, according to a new report,…
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China in the Crosscurrents: Iran Talks, Trump Claims and Global Trade Issue
China has stepped up diplomatic engagement with Iran over the Strait of Hormuz even as geopolitical tensions, competing claims by Donald Trump, and shifting global trade dynamics intersect with Beijing’s…