Asia's crude oil imports slip in Sept as price hike bites

LAUNCESTON, Australia, Oct 02 (Reuters): Asia's crude oil imports slipped for a second consecutive month in September as refinery maintenance trimmed demand and the impact of higher prices started to weigh.The world's top importing region saw arrivals of 24.95 million barrels per day (bpd) in September, down from August's 25.22...

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Gold at 7-month low on surging dollar

Gold fell 1 per cent on Monday, starting the last quarter of the year languishing near seven-month lows as a stronger US dollar and prospects of interest rates staying higher for longer eroded bullion's appeal, reports Reuters.Spot gold was down 0.7 per cent by 1137 GMT to $1,835.40 per ounce,...

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Malaysia moves to tame rice prices

KUALA LUMPUR, Oct 02 (Reuters): Malaysia on Monday announced a subsidy and other measures to try to cool rice prices amid concern over rising costs and supply shortages.Countries across Asia have seen lower supplies and climbing prices for rice in recent weeks, as rising temperatures threaten harvests and top exporters...

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