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Banking & Finance
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The central bank lifted its benchmark rate to 4.1 percent, marking its second hike this year following a similar move in February
New levies target South Korean automobiles and pharmaceuticals
Net purchases of long-term U.S. securities by foreign residents reached $221.8 billionÂ
Customs revenue reached $27.9 billion while the Supreme Court reviews emergency tariff sanction laws
As the country moves forward, policymakers face the challenge of striking a careful balance between political stability and prudent economic and financial reforms
Holdings now represent 5-6 percent of China’s foreign exchange reservesÂ
Energy
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Agriculture Secretary hails move as step toward American Energy Dominance supporting domestic biofuel demand
State reserves drawdown equals 30 days of demand roughly 8.5 million kiloliters scheduled through April end
Birol noted the IEA is actively consulting with governments across Europe and Asia regarding release of additional stockpilesÂ
New price caps save chinese drivers hundreds of dollars per tonne
Plan designed to finance subsidies aiming to curb gasoline pricesÂ
Total U.S. imports of crude oil fell by 498,000 bpd to 6.43 million bpd last week, the lowest in a month
Health
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Multibillion-dollar commitment is expected to generate tens of thousands of high-skilled direct and indirect jobs across the U.S.
Starting in 2025, 1,000 full-time faculty will be added at state medical schools by 2027, including 330 next yearÂ
The country is grappling with a labor shortage exacerbated by a declining birthrate
Unlocking the $100 billion weight loss market opportunity
Enhancing employee well-being improves organizational performance
Middle East home to some of the highest engagement with apps Â
Industry
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China e-commerce sector emerges as primary economic engine supporting 78 million jobs
Semiconductors continued to power overall export growth despite U.S. tariff measures affecting global trade flows
A joint venture will fund a plant with an estimated capacity of 100 tons of galliumÂ
The European Commission set out two strategies to ensure Europe stays ahead, driving adoption in key industries and putting Europe at the forefront of AI-driven science
Moderate growth reflects resilience amid high inflation, tariff disruptions, and cautious business investmentsÂ
S&P Global's PMI for manufacturing dropped to 48.8, marking a decline from June's 50.1Â
Logistics
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Deal grants EU enhanced access to Australian critical minerals like lithium manganese and aluminum
Trade gap fell from a revised $72.9 billion in DecemberÂ
New digital status ends sticker and BRP reliance, letting applicants keep passports during decisions
Heathrow revealed that £1.3 billion will be spent over the coming year in capital investment programs
Brazil possesses the world's second-largest reserves of rare earth minerals, which are essential for numerous products
The revised 19 percent tariff rate aligns Indonesia with other Southeast Asian economies that have reached similar deals with Washington
Markets
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CPI rose 2.4 percent annually while investors assessed the Fed outlookÂ
Country's gold-backed ETFs saw a remarkable inflow of 133.12 tons
Treasuries fell amid volatility as risk sentiment recovered
The closely watched core measurement of the Consumer Price Index slowed for the first time in months
The U.S. came in second with 133 deals of $23.1 billion while China ranked third with 69 transactions worth $5.3 billion
CPI showed annual inflation fell by 0.4 points to a lower-than-expected 2.5 percent
Miscellaneous
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Trump name to be given to Palm Beach International Airport as Florida governor signs new legislation
FAA approval needed Before Palm Beach Airport officially becomes Trump Airport
The 322-foot rocket was filled with over 700,000 gallons of supercold liquid hydrogen and oxygenÂ
The K visa simplifies entry for young professionals, eliminating job offer requirements for STEM fieldsÂ
The Tianping-3A 02 satellite boosts Chinese radar imaging and supports space exploration effortsÂ
Google has previously faced financial penalties, including over $1 billion paid to France for tax fraud allegations
This development is a key step in strengthening the nation's resource securityÂ
Real Estate
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Northern Ireland was the best-performing area for the second year running, with prices up 7.1 percent
The median sales price of a new U.S. home in November 2024 was $402,600, down from $437,300 in October
London continues to have the most expensive house prices in the U.K., now averaging £543,308
30-year fixed-rate mortgage averaged 6.44 percent as of October 17, up from 6.32 percent one week ago
Mortgage rates drop to 4.75 percent to 5.00 percent range as housing affordability improves
This trend is attributed to heightened foreign investment spurred by the weak yenÂ
Telecom
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$36.3 billion in cloud and big data revenue drives the industry
