Oil set for weekly gain ahead of US-China trade talks
LONDON (Reuters): Oil prices rose on Friday, poised for a weekly gain as trade tensions between top oil consumers China and the United States showed signs of easing.Brent crude rose by $1.20, or 1.9 per cent, to $64.04 a barrel by 1203 GMT. United States West Texas Intermediate crude was...
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Gold gains as dollar slips, investors await US-China trade talks
Gold prices rose on Friday and were headed for a weekly gain, supported by a weaker dollar and lingering geopolitical tensions, while focus remained on US-China trade talks due this weekend.Spot gold was up 0.6 per cent to $3,325.20 an ounce at 1134 GMT. The metal has gained 2.5 per...
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India suspends flights at 24 airports
MUMBAI, May 9 (AFP): India has suspended civilian flights at 24 airports in the north following fighting with nuclear-armed rival Pakistan.Nearly 50 people have perished, mainly in Pakistan, since India launched air strikes on Wednesday targeting "terrorist camps" and sparking the worst clashes between the neighbours in decades.Late Thursday, the...
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China exports rose forecast-beating 8.1pc in April
BEIJING, May 9 (AFP): China said Friday its exports rose 8.1 percent in April, topping forecasts, as the country fought a gruelling trade war with the United States and as both sides prepared for high-level talks at the weekend.Trade between the world's two largest economies has nearly skidded to a...
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