Economy

Economy News

Crypto exchange FTX has “a few billion” to support industry – Bankman-Fried

By John McCrank and Megan Davies (Reuters) – Sam Bankman-Fried, head of one of the largest cryptocurrency exchanges, FTX, said he and his company still have a “few billion” on.

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Economy News

Services Firms’ Activity Growth Fastest In Over 11 Years

India’s dominant services industry expanded at the fastest pace in over eleven years in June amid strong demand. BENGALURU:  India’s dominant services industry expanded at the fastest pace in over.

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Economy News

IMF mission to visit Ghana to begin talks on programme

By Karin Strohecker and Rachel Savage LONDON (Reuters) -A staff mission from the International Monetary Fund will visit Ghana from July 6-13 to begin initial discussions about a possible programme,.

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Economy News

Russian parliament passes first vote on war economy measures

By Mark Trevelyan LONDON (Reuters) -The Russian government will be able to compel businesses to supply the military with goods and make their employees work overtime under two laws to.

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Economy News

Taiwan’s largest pension fund hiring managers for $3 billion bond mandate

HONG KONG (Reuters) – Taiwan’s largest pension fund is seeking to hire global asset managers to run a bond portfolio totalling $3 billion. The Bureau of Labour Funds, administering $5.8.

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Economy News

Rural Unemployment Jumps Pushing Overall Jobless Rate To 7.8% In June

India’s overall unemployment rate rose to 7.80 per cent in June, from 7.12 per cent in May, according to the latest data. India’s overall unemployment rate rose to 7.80 per.

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Economy News

Gold flat as imminent rate hikes fend off bullion investors

By Bharat Gautam (Reuters) -Gold prices were largely unchanged on Tuesday as investors stayed away due to a softening inflation outlook and impending interest rate hikes from top central banks..

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Business Economy News

New Zealand business confidence down due to high costs, interest rates

By Lucy Craymer WELLINGTON -New Zealand’s business confidence continued to worsen in the second quarter of this year as companies grappled with increased costs and higher interest rates, a private.

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Business Economy News

Egypt’s Suez Canal revenue hits $7 billion record peak

CAIRO (Reuters) – Egypt’s Suez Canal revenue hit a record high of $7 billion in the financial year to June 30, up 20.7% from the previous year, Canal Authority Chairman.

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Economy News

Government’s windfall tax seen netting $12.7 billion, cut budget gap

The taxes on production of crude, and exports of petrol, diesel and aviation fuel could garner about 1 trillion rupees ($12.7 billion) for the government if the levies continue for.

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