A slew of airlines said operations would be impacted on one of the busiest flight days of the year.
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Ukraine risks North and South Korea-like division, says former Singapore diplomat
Russia’s war on Ukraine could end with the latter being divided into two — like North and South Korea, says Singapore’s former ambassador to Russia, Bilarhari Kausikan.
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European markets close lower as investors monitor global IT failures
European markets closed lower on Friday as a major IT system failure rocked numerous sectors.
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July 20, 2024July 20, 2024Country, United States, Worldwide
Book Review: Shocks, Crises, and False Alarms
Carlsson-Szlezak and Swartz attempt to add fresh thinking on framing macro shocks that may often prove to be false alarms. Any general reader will obtain some key fresh insights with this work, and CFA charterholders will be offered an alternative to the conventional Wall Street approach to macro discussions.
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Asia markets track Wall Street slide as tech sell-off continues; Japan headline inflation holds steady
Japan’s headline inflation was unchanged from May at 2.8%, while core inflation, which strips out prices of fresh food, accelerated to 2.6%, from 2.5% in May.
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China calls for bolstering tech ‘breakthroughs’ and achieving the full-year growth target
China’s top leaders met from Monday to Thursday in Beijing for a highly anticipated policy meeting called the Third Plenum.
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U.S.-China tensions are not a ‘new Cold War,’ veteran Singapore diplomat Bilahari Kausikan says
The term is “misleading” and only bears “superficial similarities to the U.S.-Soviet competition of [an] earlier era,” he says.
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CNBC’s Inside India newsletter: How will India spend its billions?
There are high expectations for a “populist” budget since the recent general election results delivered a slimmer than expected win for Modi.
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Nokia shares slide 8% after posting lowest quarterly net sales figure since 2015
Shares of Finnish telecom firm Nokia plunged after a steep drop in sales and operating profit in the second quarter.