Asia News
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Updated 27 minutes ago
West Texas Intermediate crude fell, paring a weekly advance, amid speculation its biggest surge in six months wasn’t justified by economic growth levels.
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Updated 27 minutes ago
BNP Paribas SA, France’s largest bank, reported a smaller decline in first-quarter profit than analysts estimated, helped by French and Belgian consumer banking.
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Updated 14 minutes ago
Philippine stocks surged to a record as the peso and bonds extended gains after the nation won its second investment-grade debt rating.
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Updated 49 minutes ago
European stocks were little changed as investors awaited a report that may show U.S. employers hired more workers last month, and as companies from Adidas AG to Royal Bank of Scotland Group Plc reported earnings. U.S. index futures and Asian shares were little changed.
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Updated 1 hour, 22 minutes ago
India cut interest rates for a third straight meeting to revive growth, extending the only reduction in borrowing costs among major emerging nations this year.
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Updated 3 hours, 13 minutes ago
The following is a selection of the most important news affecting the oil market.
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Updated 2 hours, 45 minutes ago
Asian stocks climbed as profit at Australian bank Macquarie Group Ltd. rose, U.S. jobless claims fell to the lowest in five years and the European Central Bank cut interest rates to a record low.
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Updated 47 minutes ago
The Thai baht’s rally to the highest level in 16 years is hindering exports from the world’s biggest rice shipper, curbing the government’s efforts to diminish record state stockpiles and threatening to increase its losses.
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Updated 1 hour, 45 minutes ago
Bharti Airtel Ltd., India’s largest mobile-phone operator, will sell a 5 percent stake to the Qatar Foundation Endowment for $1.26 billion after the carrier posted quarterly profit that missed estimates.
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Asian currencies were set for their best winning run in seven months on speculation central banks will provide more policy stimulus after data from China to the U.S. fanned slowdown concerns.
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