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SINGAPORE: Brent crude futures jumped close to $3 on Friday to their highest since September after a U.S. air strike killed key Iranian and Iraqi military personnel, raising concerns that escalating Middle East tensions may disrupt oil supplies.
HISTORIANS deal with the past. As the architects of our collective memory; they record, document and preserve. History can never be objective because like any form of storytelling, there’s always a writer or narrator who selects, edits and crafts the source material. Biases are therefore to be expected. The best we can do is to be aware of their existence.
THE dollar inched up 1.02% to 97.7 partly due to the resurgence of concerns on global slowdown and the better-than-expected economic release. As the trade talks between the United States and China seem to be stalled, positive economic releases for the week pushed the dollar close to the 97 level.
A large majority, or 70 percent, said in a survey their governments "should be cautious in negotiating Belt Road Initiative projects, to avoid getting into unsustainable financial debts with China," a view strongest in Malaysia, the Philippines, and Thailand.
YANGON, Myanmar: In April, Facebook founder Mark Zuckerberg told U.S. senators that the social media site was hiring dozens more Burmese speakers to review hate speech posted in Myanmar. The situation was dire.
NEW YORK: Facebook Inc's stock fell as much as 24 percent after hours on Wednesday over concerns about the impact of privacy issues on the social media company's business, with executives warning that revenue growth would slow and expenses would rise.
MANILA: Fitch Ratings on Monday upgraded Philippines' credit rating to 'BBB' from 'BBB-', citing the nation's "strong and consistent" macroeconomic performance and sound policies supporting high and sustainable growth rates.
LAHORE, Pakistan/SHANGHAI (Reuters) - Zhang Yang, a businessman from Chongqing in southwest China, is searching online forums for fellow stout-hearted entrepreneurs willing to cast aside security concerns and join him on a scouting mission to Pakistan.