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Pakistan textile exports jump to $1.20bn in May

Pakistan textile exports jump to $1.20bn in May

Textile exports of Pakistan clocked in at $1.204bn for May, up 28.4% year-on-year and 4.8% month-on-month, official data showed on Thursday.

Opec agrees modest oil output hike after Saudi and Iran compromise

Opec agrees modest oil output hike after Saudi and Iran compromise

Agrees nominal output increase of 1mn bpd; real increase for Opec, Russia seen around 770,000 bpd; deal could allow Saudi to pump above quota; Trump says hopes Opec will increase “substantially”

Ex-1MDB investigator is new Malaysian central bank chief

Ex-1MDB investigator is new Malaysian central bank chief

Malaysia named Nor Shamsiah Mohd Yunus, a former central bank official who investigated the scandal-plagued state fund 1MDB, as governor of the regulator.

Indonesia’s growing thirst for coffee drains premium bean supplies

Indonesia’s growing thirst for coffee drains premium bean supplies

For decades, Indonesia has supplied coffee roasters worldwide with prized beans that give a distinctive taste to brews favoured by connoisseurs.

Google engineers refused to build security tool to win military contracts

Google engineers refused to build security tool to win military contracts

Earlier this year, a group of influential software engineers in Google’s cloud division surprised their superiors by refusing to work on a cutting-edge security feature. Known as “air gap,” the technology would have helped Google win sensitive military contracts.

World stock markets shrug off opening salvoes in trade war

World stock markets shrug off opening salvoes in trade war

World stock markets rose yesterday, seemingly unworried by a global trade war that got underway when Brussels slapped retaliatory tariffs on the United States.

India trade officials plan talks with US on tariffs next week

India trade officials plan talks with US on tariffs next week

India trade officials plan meeting their US counterparts next week in New Delhi to negotiate access to American medical devices, people with knowledge of the matter said.

Telecom sector could become investors’ favourite on Wall St

Telecom sector could become investors’ favourite on Wall St

An overhauled telecommunications sector featuring most of the so-called FANG stocks could debut as Wall Street’s hottest bet when it kicks off in September, boosted by a rising wave of media and television acquisitions.

Airbus warns of threat to jobs in the UK from no-deal Brexit

Airbus warns of threat to jobs in the UK from no-deal Brexit

Says needs clarity on post-Brexit terms; businesses voicing concerns two years after vote; Airbus has 14,000 employees in Britain

With Fox, Comcast’s CEO faces biggest decision since NBC deal

With Fox, Comcast’s CEO faces biggest decision since NBC deal

It’s decision time for Comcast Corp, which faces one of the biggest moments in the cable giant’s 55-year-old history.

Popular ‘BoJ trade’ may worsen Japan bond liquidity drought

Popular ‘BoJ trade’ may worsen Japan bond liquidity drought

What a difference a day makes – even for the second largest bond market in the world. A one-day tweak to the Japanese settlement cycle has given a boost to a trading strategy that threatens to further suck liquidity from the $10tn market.

Sensex rebounds; rupee strengthens to 67.83

Sensex rebounds; rupee strengthens to 67.83

India’s benchmark equity index recouped early losses to rise yesterday as drugmakers gained.

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