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The European Central Bank is navigating an uncertain economic situation even as the US and Iran move closer to a lasting peace deal, according to Governing Council member Fabio Panetta.
Samsung profit soars 19 times but shares slump 9% on oversupply worries
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Trading Day: Chips bounce back, oil eases Reuters
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Asian equities fell as renewed selling in technology stocks deepened concerns that the AI-driven rally may have run ahead of itself. Oil rose after a Qatari LNG ship was struck.
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General Fusion expected to become the first publicly traded, pure-play fusion company
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Oil prices gain as focus shifts to supply recovery and demand Reuters
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Asian tech stocks slumped, as investors used Samsung Electronics Co.’s results to lock in profits on a stellar year-to-date chip rally, rotating into unloved sectors less prone to earnings shocks.
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China giveth and China taketh away. Beijing managed to do both these things at once in its response to the Strait of Hormuz oil shock. By massively reducing its imports of crude, it gave to the world, becoming the “invisible hand” that stopped prices from reaching $200 a barrel. But what if much of
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Japan’s state-backed Inpex Corp. signed a 15-year deal with Abu Dhabi National Oil Co. for the supply of liquefied natural gas from its project in the Persian Gulf.
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Future of indebted group is potentially expensive issue for the UK’s presumptive next prime minister