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China debuts overnight reverse repos at 1.25%, sources say

China's central bank launched overnight reverse repo operations on Monday, a move markets interpreted as deepening its control over liquidity conditions and aligning its policy framework more closely with global peers.The People's Bank of China (PBOC) said it conducted overnight reverse repos in op…

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Economy

Palm rises for second session on strong rival oils, crude prices

Malaysian palm oil futures rose for a second straight session on Monday, buoyed by stronger rival edible oils and crude oil prices.The benchmark palm oil contract (FCPOc3) for September delivery on the Bursa Malaysia Derivatives Exchange gained 24 ringgit, or 0.53%, to 4,592 ringgit ($1,131.03) a m…

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Futures
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Fresh Middle east tensions to push Indian bonds towards caution

By Dharamraj DhutiaIndian government bonds are likely to see a cautious start to the week, as crude oil prices are back in the spotlight after fresh tit-for-tat strikes by the United States and Iran in the Middle East, despite an interim peace deal.The benchmark 6.94% 2036 bond yield (IN069436G=CC…

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Bonds
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Rupee likely to shrug off US-Iran flare-up; limited impact on oil, Asia FX

By Nimesh VoraThe Indian rupee is set to open largely flat to slightly weaker on Monday, with fresh U.S.-Iran hostilities having little impact on oil prices, risk appetite and Asian currencies.The rupee FX_IDC:USDINR is expected to open in the 94.40–94.44 range on Monday, traders said, after settl…

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Forex

Options crackdown haunts India bourse IPO

By Shritama BoseThe world's top venue for trading in equity options by volume is treading carefully with its own listing plans. India's National Stock Exchange may seek a $52 billion market capitalisation in its Mumbai initial public offering. After a decade of delays to its debut, accepting a valu…

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StocksIN
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Japan targets more than doubling real growth to over 1% in economic blueprint

By Takaya YamaguchiJapan's government will aim to entrench annual real economic growth of more than 1%, according to the draft of its long-term economic blueprint that marks an ambitious target that would more than double the current pace.The draft of the basic policy framework for economic and fis…

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Economy
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China's commerce ministry adds 20 Japanese entities to export control list

China's commerce ministry on Monday added 20 Japanese entities to its export control list for dual-use items, preventing Chinese firms from selling to them without prior approval, citing Tokyo's ambitions for "remilitarisation."The 20 entities include Japan's Institute for Defence Studies, as well…

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Economy
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Vietnam dong, gold rates - June 29

Here's a snapshot of Vietnamese dong exchange rates in the official and unofficial markets, indicative SJC gold prices in Hanoi and interbank offered rates at 02:04 GMT.NOTES: The State Bank of Vietnam sets the mid-point rate on a daily basis and allows dollar/dong transactions to move in a band of…

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ForexFutures
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Les Mills, New Zealand Olympian and gym founder, dies at 91

Les Mills, the New Zealand Olympian who opened an Auckland gym in 1968 that grew into an international group-fitness brand, has died aged 91, his family said on Monday.Mills, a four-times Olympic athlete and former Auckland mayor, and his wife, Colleen, founded the first Les Mills gym on Victoria S…

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