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China Resources New Energy more than doubles in Shenzhen listing debut

Shares of China Resources New Energy (001248.SZ) more than doubled on their Shenzhen debut on Thursday, after the wind and solar power company raised 24.5 billion yuan ($3.61 billion) in Asia's biggest initial public offering this year.The stock opened at 21.60 yuan versus its IPO price of 10.11 yu…

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ETFsStocksCN

Commodities intraday targets/key levels

* Prices are delayed.** Wang Tao is a Reuters market analyst for commodities and energy technicals. The views expressed are his own. His analyses are exclusively published on the Workspace platform - a London Stock Exchange product.No information in this analysis should be considered business, fina…

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Futures

Oil falls after US, Iran talks conclude in Doha

By Sam Li and Lewis JacksonOil prices dropped in early trade on Thursday after Qatar said Iran and the U.S. had made "positive progress" in indirect talks that concluded on Wednesday, focused on the Strait of Hormuz, which handled one-fifth of global oil supply before the war.Brent futures ICEEUR:B…

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Futures
NEWS reuters

South Korean shops turn to robots, self-service to escape labour woes

By Jungmin Ryu and Brenda GohUnstaffed coffee shops, ramen eateries and flower outlets are spreading across South Korea as owners turn to robots and self-service to overcome rising labour costs in a business model that relies on the widespread honesty of users.Such stores, usually open 24 hours, we…

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Economy
NEWS reuters

Relocating 6 million Singapore bees and counting, one nest at a time

Armed with nothing but a bandana and his bare hands, 42-year-old Clarence Chua rescues bees, scooping them from nests into wooden boxes to relocate them, sometimes to his own backyard.“What I like about them is if you respect them and you don't threaten their safety, they are totally OK with you be…

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NEWS reuters

PNG growth surges, but jobs lag for ordinary citizens, World Bank says 

Papua New Guinea's economy expanded by 5.6% in 2025, one of the strongest growth rates in the Pacific, but the boom is not translating into jobs or better livelihoods for most citizens, the World Bank said on Thursday in its June economic update.The resource-rich nation's growth was driven by both…

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Economy