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UK stocks close higher as weaker sterling boosts export-heavy sectors
UK stocks ended higher on Wednesday, supported by a rise in healthcare and consumer staples sectors, which gained on a weaker sterling after data showed US inflation came in hotter than expected.
Business Recorder
Euro zone bond yields slightly lower; inflation, rate outlook in focus
LONDON: Euro zone bond yields were slightly lower on Wednesday, continuing to stabilise after a period of sharp volatility, as investors tread cautiously ahead of US inflation data due later in the…
Business RecorderChina's crude stocks slump despite slight rise in September import rate
BEIJING: China’s September crude oil imports dropped 21.5% from a year earlier, customs data showed, with higher refinery runs and delayed crude arrivals contributing to the biggest monthly draw in…
Business RecorderDollar languishes as focus turns to CPI, Fed speakers
TOKYO: The dollar languished on Wednesday as traders awaited fresh signals on the timing for interest rate hikes to contend with persistent inflation.
Business RecorderSBP directs banks to put on hold sugar exports by mills located in Khyber Pakhtunkhwa
The State Bank of Pakistan (SBP) directed commercial banks on Tuesday to put sugar exports by the mills located in Khyber Pakhtunkhwa’s (KP) on hold till the provincial administration endorses the…
Business Recorder
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