As stated by Singapore’s central bank chief, the city-state is considering new measures that will make it more …
Two Chinese nationals, Yicheng Zhang and Daren Li, have been charged by US authorities in a massive cryptocurrency scam totaling $73 million, dubbed “pig butchering.” The scheme involved laundering funds through US bank accounts …
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Business
Indian economic growth is expected to be 7.4 percent this year and next
by Ajay Rajguruby Ajay RajguruIndian Finance Minister Nirmala Sitharaman said the Indian economy will grow at 7.4 percent this fiscal year and …
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Business
COVID curbs and heatwaves hit July industrial profits in China
by Ajay Rajguruby Ajay RajguruChina’s industrial firms reported a drop in profits in July, reversing previous gains as fresh COVID-19 curbs dragged …
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Business
$30 billion aid for Africa will be pledged by Japan at the Tunisia conference
by Ajay Rajguruby Ajay RajguruDuring a conference in Tunisia this weekend, Japan will pledge $30 billion in aid for African development, the …
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Business
South Korea wins $2.2 billion order to build an Egyptian nuclear power plant
by Ajay Rajguruby Ajay RajguruThe South Korean government announced that a subsidiary of theirs had won an order worth $2.2 billion from …
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Business
BOJ official commits to keep ultra-low rates, warns of financial risks
by Ajay Rajguruby Ajay RajguruIn a global wave of monetary tightening, the Bank of Japan needs to maintain massive stimulus to support …
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In response to mounting supply tightness concerns over disruptions in Russian exports, the possibility of major producers cutting …
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Business
An energy crisis causes the euro to slump to two-decade lows
by Ajay Rajguruby Ajay RajguruA record two-decade low in the euro was recorded on Tuesday as renewed concerns over an energy shock …
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Business
British economy shrank record 11 percent in 2020, its lowest since 1709
by Ajay Rajguruby Ajay RajguruUpdated official figures published on Monday showed that Britain recorded its biggest drop in output in more than …
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Business
169 percent increase in UAE investments in Egypt in six months
by Ajay Rajguruby Ajay RajguruAccording to the Egyptian Central Agency for Public Mobilization and Statistics (CAPMAS), Emirati investments increased by 169.1 percent …