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02.05.26 - 04:36
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′Government to sustain capex despite West Asia crisis′ (Times of India)
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Despite potential West Asia conflict-induced fiscal strain, the government is committed to prioritizing capital expenditure. Expenditure Secretary Vumlunmang Vualnam affirmed that the entire public spending allocation will be utilized, with a strong focus on highways, railways, shipping, ports, and urban development. This year's budgeted capital expenditure stands at Rs 12.2 lakh crore....
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01.05.26 - 13:24
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Asian Stocks Start May On A Positive Note (AFX)
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CANBERA (dpa-AFX) - Asian bourses closed on a positive note on Friday tracking Wall Street's strong performance on Thursday. Gains were limited as markets suspected currency market interventions b......
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01.05.26 - 12:36
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Has the Third World War started – in Asia? (IntelliNews)
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As history has demonstrated many times to date, the 'start' of a world war is less a moment than a process, and Asia today is beginning to look uncomfortably similar to Europe of the late 19th and early 20th centuries....
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01.05.26 - 10:09
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MÄRKTE ASIEN/Kursgewinne in Tokio und Sydney (Dow Jones)
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Von Hans Bentzien DOW JONES--Die asiatischen Aktienmärkte sind am Freitag überwiegend geschlossen gewesen. Weder in China, noch in Korea, Singapur, Taiwan oder Hongkong wurde gehandelt. Geöffnet waren lediglich Tokio und Sydney, wo Kursgewinne verzeichnet ......
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01.05.26 - 09:42
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China Reopens Fuel Export Spigot, Offering Relief To Asian Buyers (ZeroHedge)
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China Reopens Fuel Export Spigot, Offering Relief To Asian Buyers
Beijing is reversing its curbs on refined fuel exports after halting shipments in the opening days of the U.S.-Iran conflict. This move suggests that Chinese domestic inventories are now at comfortable levels, allowing state refiners to reopen the export spigot, even as much of Asia remains gripped by a fuel shock caused by disrupted Gulf energy flows through the Hormuz chokepoint.
There was chatter earlier this week that China's state-owned refiners were applying for government permits to resume fuel exports in May. These include China Petrochemical (Sinopec Group) and China National Petroleum Corporation.
By late in the week, Bloomberg reported that state-owned refiners had received government approval to export 500,000 tons of fuel next month.
People familiar with the upcoming shipments said the one-off quota would allow gasoline, diesel, and jet fuel to be sent to neighboring Asian countries, providing relief amid a worsen...
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