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Asian stocks follow Wall Street higher

Photo: A currency trader watches the computer monitors near the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room in Seoul, South Korea, Wednesday, May 15, 2019. Beijing, May 15 : Asian stocks followed Wall Street higher Wednesday after President Donald ...

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Power generation witnesses a record 12,412MW: PDB

Power generation witnesses a record high as much as 12,412MW gave people relief from the heat wave that is sweeping over parts of Bangladesh after rains triggered by cyclone ‘Fani’. As there is no shortage in power generation, the Power Development Board (PDB) has streamlined the power distribution system to bring down the power cuts to almost zero level across ...

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Asian shares mostly lower amid jitters ahead of trade talks

Asian shares were mostly lower Thursday amid investor jitters ahead of the latest round of trade talks between the U.S. and China. Japan’s benchmark Nikkei 225 was down 1.3% in early trading to 21,333.22. Australia’s S&P/ASX 200 gained 0.4% to 6,291.60. South Korea’s Kospi dropped 1.0% to 2,145.82. Hong Kong’s Hang Seng lost 1.6% to 28,549.70, while the Shanghai Composite ...

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China’s April exports fall amid US tariff war; imports rise

Photo: workers wrap fibreglass next to the robot arms at a factory in Jiujiang in central China’s Jiangxi province. Beijing, May 8 : China’s exports fell unexpectedly in April, adding to pressure on Beijing ahead of negotiations on ending a tariff war with Washington over Chinese technology ambitions. Wednesday’s announcement of trade data came after President Donald Trump sent global ...

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India, China join hands on oil

India and China are working closely on common trade concerns, including cooperation in buying oil and gas, against the backdrop of a US squeeze through tariffs and sanctions on Iranian oil imports, officials with direct knowledge of the matter said. Efforts have been made by the world’s second- and third-largest oil importers to find common ground and energy cooperation is ...

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Asian stocks mixed as Fed steers clear of signaling rate cut

Photo: Specialist John Alatzas, left, and trader Michael Milano work on the floor of the New York Stock Exchange, Wednesday, May 1, 2019. Singapore, May 2 : Asian stocks were mixed on Thursday after the U.S. Federal Reserve kept its benchmark interest rate intact and steered clear of suggesting that a cut was possible this year. Trading was light with ...

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Celebrity chef Asma Khan cooks with Syrian refugees as they prepare for Ramadan

Celebrity chef, Asma Khan, visited Jordan with Islamic Relief UK to highlight the charity’s annual Ramadan campaign and to cook with Syrian refugee women who are due to receive Ramadan food packages from the charity during the holy month, which starts on Sunday 5 May. Asma, who runs a highly successful Indian restaurant in central London and is the first ...

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Asda took part in the Ramadan festivities, organising the Asda Supper Club with hosts Radikal Kitchen and Zaleha Olpin.

The celebration of Ramadan is an auspicious occasion for many Muslims around the world. To celebrate the beginning of Ramadan, family and friends come together to enjoy iftari meals, created from generations of family favourite recipes. Asda took part in the Ramadan festivities, organising the Asda Supper Club with hosts Radikal Kitchen and Zaleha Olpin. The event was created to ...

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Asia markets mostly closed, Sydney up after new S&P 500 high

Bangkok, May 1 : Financial markets were mostly closed in Asia on Wednesday for holidays after Wall Street capped a wobbly trading session with meager gains. Australia’s S&P ASX 200 rose 0.8% on Wednesday after ANZ reported a 2% increase in its profit, kicking off the earnings season for the country’s Big Four banks. New Zealand’s benchmark fell 0.6%. There ...

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Microsoft tops $1 trillion as it predicts more cloud growth

Microsoft Corp on Wednesday briefly topped $1 trillion in value for the first time after executives predicted continued growth for its cloud computing business. The Redmond, Washington-based company beat Wall Street estimates for quarterly profit and revenue, powered by an unexpected boost in Windows revenue and brisk growth in its cloud business which has reached tens of billions of dollars ...

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