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Germany’s Scholz pushes for united EU banking
German Chancellor Olaf Scholz advocated on Tuesday for the completion of a European banking union, emphasising it…
iPhone sales drop 19% in China during Q1
Apple Inc.'s iPhone sales in China fell significantly during the first quarter of 2024, with 19 per cent…
Swiss freeze on Russian assets dwindles to $6.36b in ’23
The Swiss authorities have reported a year-over-year decrease of 1.7 billion Swiss francs in the value of frozen…
India’s business activity booms in April
Indian businesses are seeing a significant increase in activity, with the fastest growth in almost 14 years…
China obtains banned Nvidia AI chips through resellers
Chinese universities and research institutes have acquired high-end Nvidia artificial intelligence (AI) chips…
Aussie asset manager to close A$14b funds
First Sentier Investors, an Australian asset management firm owned by Mitsubishi UFJ Financial Group Inc., will…
Pakistan seeks new IMF loan by July – FinMin
Pakistan is aiming to secure a new loan agreement with the International Monetary Fund (IMF) by early July,
Japan’s private sector growth accelerates at start of Q2
Japan's private sector kicked off the second quarter with a burst of growth, fueled by a booming service sector and…
Greece to fast-track repayment of €5b in eurozone bailout loans
Greece is planning an early repayment of up to €5 billion ($5.34 billion) of bailout loans to eurozone countries…
Gold loses momentum on Tuesday after strong run
Gold prices tumbled on Tuesday, touching their lowest level in over two weeks, as concerns about a major escalation…