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China surprises with rate cut as data shows ‘alarming’ slowdown

(Bloomberg) -- Subscribe to the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.Most Read on BloombergChina's central bank unexpectedly cut...

Independence Day 2022: Indian-made weapon first used for the ceremonial salute at the Red Fort

For the first time in 75 years, an Indian-made gun was used for the ceremonial 21-shot tricolor salute at the historic Red Fort on...

Chinese developers in ‘survival mode’ cut real estate investment

article content BEIJING – Chinese developers in “survival mode” slashed property investment in July, while new construction starts suffered their biggest drop in...

Remembering former Morning Call business editor Hirsch

Mike Hirschmike miorelli of The Morning Call in Allentown, Pennsylvania, recalls Mike Hirschwho died earlier this month and was once the newspaper's business...

Japan plans new package to cushion blow from rising cost of living

TOKYO – Japanese Prime Minister Fumio Kishida on Monday instructed his ministers to draw up additional measures to cushion the economic blow from rising...

Saudi Aramco says it is ready to ramp up production after a new quarterly profit record

ronniechua/iStock via Getty Images Saudi Aramco CEO Amin Nassar said on Sunday that he is ready to increase crude...

NSE: NSE tracks compliance with insider trading rules

Mumbai: Progress is being made to examine whether large and actively listed companies are aligning with rules to curb insider tradingone of the scourges...

China cuts interest rate to prop up slumping economy

article content BEIJING (AP) — China's central bank cut a key interest rate Monday to prop up flagging economic growth at a politically...

Time on the property funds side.

The largest local fund managers built their reputation decades ago.

Afghan roads once threatened by the Taliban are now safer. . . for some

Mohammad Daud had not visited his relatives for about five years. The 32-year-old man from the city of Jalalabad, in southeastern Afghanistan, avoided...

A Saudi billionaire who calls himself the Arab “Oracle of Omaha” made a $500 million bet on Russia around the time of the start...

Saudi billionaire Prince Alwaleed Bin Talal invested more than $500 million in Russian companies in the days surrounding Moscow's invasion of Ukraine. Prince Alwaleed's investment...

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Perkins Eastman welcomes new director

global design firm Perkins-Eastman (New York) has hired senior medical planner and business development strategist Michael Hess as head of the firm's New York...

UK becomes first country to approve updated Moderna vaccine targeting omicron

The UK on Monday became the first country to approve an updated COVID-19 vaccine from Moderna targeting the omicron variant as well as the...