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Markets mostly drop as oil spike fuels fresh inflation fear
Markets mostly drop as oil spike fuels fresh inflation fear
by  AFP

Most markets fell Wednesday as a jump in oil prices to 10-month highs rekindled worries of another US Federal Reserve interest rate hike. Traders were keeping tabs on Tokyo after the dollar jumped to a 10-month peak against the yen on increased rate hike expectations, and above the levels that led officials to step in with support last year.

Man Utd share price tumbles with club sale in question
Man Utd share price tumbles with club sale in question
by  AFP

Manchester United's valuation on the New York Stock Exchange plummeted by more than $700 million Tuesday after a British media report that the team's owners had halted plans to sell the club. United's owners, the Glazer family, have reportedly taken the club off the market after failing to attract an offer that meets their asking price, the Daily Mail reported Sunday.

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