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  • Oil recovers in Asian trade

    Oil recovered in Asian trade today after sharp overnight losses triggered by a larger-than-expected jump in US crude stocks, analysts said.

  • China should raise rates to tame inflation: C.bank adviser

    China should raise rates to tame inflation: C.bank adviser

    China should gradually raise deposit rates to curb inflation, which could accelerate in the first quarter as festive spending over the Lunar New Year holiday push up prices in the world's No. 2 economy, a central bank adviser was quoted by Dow Jones Newswires as saying.

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