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Oil falls after hitting 2015 highs

Oil falls after hitting 2015 highs

SINGAPORE: Oil prices fell on Thursday after hitting 2015 highs in the previous session as an OPEC delegate indicated the group would stick to its strategy of pursuing market share rather than cutting output and traders took profit from a ...

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Dollar struggles on soft data, sterling eyes election

Dollar struggles on soft data, sterling eyes election

SYDNEY: The dollar languished at its lowest in over two months against a basket of major currencies early on Thursday, under renewed pressure from disappointing data, while a further spike in German yields gave the euro some support. Figures on Wednesday ...

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Asia shares slip as weak earnings hit Wall St

Asia shares slip as weak earnings hit Wall St

TOKYO: Asian shares dipped on Friday after weak corporate earnings dented Wall Street, while the dollar nursed its losses after marking its worst monthly performance in four years against a basket of six major currencies. The dollar index stood at ...

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Dar says no change in petroleum prices

Dar says no change in petroleum prices

ISLAMABAD: Finance Minister Ishaq Dar said on Thursday that the federal government has decided not to revise existing prices of various petroleum products. Talking to media before a meeting of Economic Coordination Committee (ECC) of the Cabinet, Dar said that ...

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Dollar slides to 8-week low on U.S. data; traders eye Fed

Dollar slides to 8-week low on U.S. data; traders eye Fed

NEW YORK: The dollar dropped to an eight-week low on Tuesday after a weak U.S. consumer confidence report, with investors cautious about a Federal Reserve meeting that could reinforce the view that interest rates in the world’s largest economy might ...

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