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Asia stocks rise as traders weigh China-US row, rate cut hopes
Asia stocks rise as traders weigh China-US row, rate cut hopes
by  AFP

Asian equities edged up Thursday as investors weighed the latest volleys in the China-US trade war and expectations that the Federal Reserve will continue cutting interest rates this year. Bets on US rate cuts, a weaker dollar and worries about the latest China-US flare-up, have helped push gold to daily records and on Thursday it hit a peak of $4,234.70.

United sees demand 'strengthening' as profits edge lower
United sees demand 'strengthening' as profits edge lower
by  AFP

United Airlines reported a slight dip in profits Wednesday as operating expenses ticked higher, adding that a strengthening demand outlook would boost fourth-quarter results. United is poised for a "strong" fourth quarter "as the demand environment strengthens," said a United press release.

Syria won't wait for global community to reform economy: Finance Minister
Syria won't wait for global community to reform economy: Finance Minister
by  AFP

Syria is in a hurry to rebuild its war-torn economy and will not wait for the international community to begin making those changes, the country's finance minister said Wednesday. Syria's government faces a monumental challenge in rebuilding the country's war-torn economy after more than 15 years of civil war -- something Barnieh estimated would likely cost "tens of billions" of dollars.

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