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Guangdong carbon market closes higher

GUANGZHOU, Oct. 25 (Xinhua) — Carbon emissions allowances closed at 45.84 yuan (6.45 U.S. dollars) per tonne on Friday, 8.47 percent up from Thursday at Guangzhou Emissions Exchange, the largest local carbon market in China. A total of 120 tonnes…

Department of Special Investigation joins iCon case

The Department of Special Investigation says it will handle suspected money-laundering in relation to the fraud case against the direct marketing business of The iCon Group. The DSI is authorised to investigate alleged laundering of money worth 300 million baht…

Jobless Claims Fall as Hurricane-Related Spike Eases

The number of Americans filing for unemployment benefits fell last week, easing after a recent surge caused by hurricane-related disruptions in the Southeast. The Labor Department reported Thursday that jobless claims dropped by 19,000 to 241,000 for the week ending…

Why I was appointed PDP national chairman – Mohammed

The factional acting National Chairman of the Peoples Democratic Party, Yayari Mohammed, has stated that he was appointed to bring back hope to party members. In a statement issued on Sunday titled, “Acceptance of appointment as Acting National Chairman of…

Cotton imports set to surge as output drops 60pc

Some experts attribute the drastic fall in cotton output to unregistered cotton trade, which has surged due to the absence of a track-and-trace system.—APP/file LAHORE: The local textile industry is bracing for a financial crisis in the form of costlier…

Cooling Prices Clears Way For More Fed Rates Cuts

The favorite inflation indicator of the Federal Reserve has released figures that boost the chances of an interest rate cut—on top of the dramatic half-point cut already recently announced. With inflation having plummeted from its 2022 highs to just above…

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