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Economy

No easy way out: OECD warns Trump’s tariffs are choking global growth, fueling inflation

The Organization for Economic Cooperation and Development (OECD) has issued a stark warning, asserting that President Donald Trump’s aggressive and combative trade policies have plunged the global economy into a…

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Economy

Japan takes action to lower soaring rice prices with stockpile release

Faced with long lines of consumers seeking affordable grain, Japan’s farm minister announced Tuesday the government is prepared to release additional stockpiled rice, following retailers’ emergency distribution of the grain…

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Economy

Did globalization crush the American middle class and can Trump revive it?

It’s easy to blame globalization for everything; from vanishing factory jobs to wage stagnation and social unrest. WIth Donald Trump back in office, the idea that global trade hollowed out the…

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Stock

Nifty 50 Index patterns point to more gains ahead of RBI rate cut

The Nifty 50 Index has wavered in the past few weeks as investors book profits following the recent surge. It jumped to ₹25,110 in May, up by over 15% from…

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Stock

Singapore’s cross-border interconnections set to unlock 25 GW of new renewable capacity, says Rystad

Singapore, which has historically depended on gas for its energy supply, is now exploring regional grid connections. The strategy primarily involves utilising subsea cables to establish links between national grids, thus…

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Stock

European markets open: Stoxx 600 turns lower amid tariff jitters; German DAX, UK FTSE -0.1%

European stock markets experienced a reversal in early trading on Tuesday, with the pan-European Stoxx 600 index turning lower after an initially positive start. The renewed caution among investors was…

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Stock

Vietnam firms to sign $2B deal for US agricultural products

The Vietnamese Agriculture Ministry announced on Tuesday that domestic companies plan to sign memorandums of understanding with US partners to purchase $2 billion in American agricultural goods, according to a…

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Stock

Here’s why South Korea’s KOSPI Composite Index is soaring

The KOSPI Composite Index has embarked on a strong rally in the past few months as South Korean shares surged. The index, which tracks the biggest South Korean companies, rose…

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Investing

USD/TRY analysis as Goldman Sachs warns on lira carry trade

The Turkish lira has slipped against the US dollar as Goldman Sachs analysts warned about the best-performing carry trade. The USD/TRY exchange rate was trading at 39.25, up by 11%…

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Investing

DXY: Will the US dollar index crash as Morgan Stanley predicts?

The US Dollar Index (DXY) has moved into a correction after falling by 10% from its highest point this year, and Morgan Stanley believes it has more downside to go…

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