Hopes
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UK election brings few hopes or fears to cautious City of London
THE UK financial sector is warming to Labour’s pro-business overtures and pledges to provide stability and support, but many in the City remain wary it could be targeted to prop…
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India’s hopes for Tesla investment cool as Elon Musk ceases contact
INDIA does not expect Tesla to move forward with an investment in the country any time soon after executives at Elon Musk’s electric vehicle (EV) maker stopped contacting them, according…
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Asia: Markets track Wall Street records as Powell revives rate hopes
ASIAN stocks rose on Wednesday following fresh records on Wall Street after Federal Reserve chief Jerome Powell fanned hopes of an interest rate cut by saying the battle against inflation…
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Asia Markets Track Wall St Records As Powell Revives Rate Hopes
Asian stocks rose Wednesday following fresh records on Wall Street after Federal Reserve chief Jerome Powell fanned hopes of an interest rate cut by saying the battle against inflation had…
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Oil prices up 2% to two-month high on summer demand hopes, supply worries
OIL prices gained about 2 per cent to a two-month high on Monday (Jul 1) on hopes of rising demand during the Northern Hemisphere’s summer driving season and worries that…
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Reformist Hopes For Breakthrough As Iran Votes
Iranians voted on Friday in a presidential election where a lone reformist aimed for a breakthrough against a divided conservative camp. Around 61 million Iranians were eligible to vote in…
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Oil prices rise on US crude draw; jobs data feeds rate cut hopes
OIL futures climbed on Thursday after the US Energy Information Administration (EIA) reported a draw on crude oil and data showing a cooling jobs market that stoked hopes the Federal…
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Oil dips after hitting seven-week highs on demand hopes, war jitters
OIL prices dipped on Wednesday (Jun 19) after hitting seven-week highs as summer demand optimism and concerns over escalating conflicts offset an industry report that said US crude inventories unexpectedly…
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Shevchenko Hopes Euro 2024 Will Remind World Of Ukraine’s Pain
Ukrainian football great Andriy Shevchenko has told AFP his country’s presence at Euro 2024 that kicks off on Friday has been a triumph over adversity and will “remind the world…
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Europe: Shares gain as cool US data bolsters Fed rate cut hopes
EUROPEAN shares advanced on Wednesday, with rate-sensitive sectors like real-estate jumping after a cool US inflation reading propped up hopes that the Federal Reserve could kick-off its policy easing cycle soon.…
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Kyiv Hopes Russia Will Attend Second Ukraine Peace Summit
Ahead of the first summit on peace in Ukraine, Kyiv said Tuesday it wanted Russia to attend a second summit, to receive an internationally agreed roadmap towards ending the conflict.…
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Oil prices up 3% to one-week high on hopes of higher summer fuel demand
OIL prices climbed about 3 per cent to a one-week high on Monday, buoyed by hopes of rising fuel demand this summer despite a stronger US dollar and expectations the US…
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Singapore stocks fall as hopes for early Fed rate cut dim; STI down 0.3%
SINGAPORE shares ended Monday (Jun 10) lower after stronger-than-expected US jobs figures last Friday hurt market sentiment. The benchmark Straits Times Index (STI) fell 0.3 per cent or 8.69 points…
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Asia: Markets fall as strong US jobs data dents rate cut hopes
ASIAN markets mostly fell on Monday (Jun 10) as a mixed jobs report eased worries about the US economy but dampened hopes for interest rate cuts, while political uncertainty in…
Oil edges higher as Opec comments feed demand hopes
OIL prices rose slightly on Thursday in up-and-down trade, supported by an Opec forecast for demand growth and as data showing an US easing labour market and slowing inflation which stoked…