Oil prices decline as investors wary of trade slowdown
SINGAPORE, Oct 29 (Reuters): Oil prices dipped on Monday amid cautious sentiment as a plunge in financial markets last week and dollar strength early this week underscored concerns that growth may be slowing, especially in Asia's emerging economies.Front-month Brent crude oil futures were trading down 46 cents, or 0.6 per...
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Global aviation mkt heads eastward
BEIJING, Oct 29 (Xinhua): The global aviation market is witnessing an apparent eastward trend as the Asia-Pacific market is set to maintain growth, with China as the major impetus.The global air passenger volume could double from the current level to 8.2 billion in 2037, with an increasing "eastwards" shift, said...
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Chairman of the board of directors of IFIL Shibbir Mahmud presiding over board meeting
Chairman of the board of directors of Islamic Finance and Investment Limited (IFIL) Shibbir Mahmud presiding over a board meeting at its boardroom in the city recently. A number of investment proposals were approved in the meeting. Among others, Vice Chairman of the board Anis Salahuddin Ahmad, Executive Committee Chairman...
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Russian wheat export prices fall
MOSCOW, Oct 29 (Reuters): Russian wheat export prices fell last week due to intensified competition with US wheat for supplies to Egypt, the world's largest importer and the top buyer of Russian wheat, analysts said on Monday.Chicago wheat prices, the global benchmark, had been falling last week until Friday when...
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Gold prices inch up
NEW YORK, Oct 29 (Reuters): Gold prices inched up on Monday as worries over corporate earnings weighed on Asian equities.Gold futures for December delivery on the Comex division of the New York Mercantile Exchange inched up 0.02 per cent at $1,236.0 a troy ounce by 1:50 am.Chinese stocks were down...
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