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    Saudi to host ‘Davos in desert’ despite outcry over slain journalist

    Agence France-Presse . Riyadh | Updated at 03:05am on October 22, 2018

    Saudi Arabia will host a key investment summit on Tuesday, overshadowed by the killing of critic Jamal Khashoggi that has prompted a wave of policymakers and corporate giants to withdraw....

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    Fed’s Kaplan sees 2-3 more rate hikes to hit ‘neutral’ level

    Reuters . New York | Updated at 01:34am on October 21, 2018

    Another two to three interest rate increases from the Federal Reserve will likely put US borrowing costs in ‘neutral’ territory where it is neither stimulating nor restricting economic growth, Dallas Federal Reserve President Robert Kaplan said on Friday....

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    New customs law focuses on automation, best practices

    Staff Correspondent | Updated at 12:00am on October 21, 2018

    The new customs law has adopted a set of provisions including transaction value-based customs valuation, non-intrusive inspection and advance cargo declaration to facilitate international trade and investment and to reduce risk of duty evasion....

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    Teletalk’s solar-based network in remote areas on cards

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 12:00am on October 21, 2018

    With the aim of providing modern telecommunication, especially 3G and 4G services to the inhabitants of geographically hard-to-reach areas across the country, state-owned mobile phone operator Teletalk plans to install over 400 solar power-based base transceiver stations in those areas....

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    Dhaka stocks see negative week amid polls-centric jitters

    Staff Correspondent | Updated at 12:00am on October 21, 2018

    Dhaka stocks dropped in last week amid a fall in the share prices of two-thirds of the traded scrips as investors went for selling shares in cautious trading ahead of the national polls....

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    With market on edge, US investors look to tech trio

    Reuters . San Francisco | Updated at 01:31am on October 21, 2018

    The pressure is on for Amazon, Alphabet and Microsoft as they prepare to report quarterly results at a time when confidence in those market leaders looks increasingly fragile and in danger of derailing Wall Street’s rally.....

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    Chinese premier tells European, Asian leaders Beijing will continue reform

    Reuters . Beijing | Updated at 01:30am on October 21, 2018

    Chinese premier Li Keqiang said at a meeting between Asian and European leaders in Brussels that China will continue to open up its economy, push forward reforms and improve its business environment, the official Xinhua News Agency reported on Saturday....

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    Moody’s downgrades Italy credit rating on debt, deficit concerns

    Agence France-Presse . Milan | Updated at 01:29am on October 21, 2018

    Moody’s has cut Italy’s credit rating by a notch over concerns about plans for larger deficits and the high public debt load as the country’s populist government clashes with Brussels over its budget....

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    Greek pensioners to be spared further cuts in 2019: PM

    Agence France-Presse . Athens | Updated at 01:21am on October 21, 2018

    Greece will spare its elderly further pensions cuts in its 2019 budget, Prime Minister Alexis Tsipras said Saturday, after receiving European Commission approval on the issue....

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    Next IMF loan will be ‘the last’: Pakistan finance minister

    Agence France-Presse . Islamabad | Updated at 01:20am on October 21, 2018

    Pakistan’s finance minister promised Saturday to end the country’s reliance on International Monetary Fund bailouts to shore up its shaky economy, as officials prepare to negotiate a new loan....