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Cuckoo set for debut after scaling down IPO

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A subsidiary of South Korean home-appliance maker Cuckoo Holdings Co is set to go public in Malaysia after a scaled-down offering that’s expected to raise RM395mil. Read full story Date: […]

Australia closes Iran embassy citing deteriorating security environment

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SYDNEY (Reuters) -Australia has suspended operations at its embassy in Tehran due to the deteriorating security environment in Iran and has directed the departure of all Australian officials, Foreign Minister […]

Norway lowers interest rate to 4.25 pct as inflation slows

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OSLO, June 19 (Xinhua) — Norway’s central bank on Thursday cut its key interest rate from 4.5 percent to 4.25 percent, citing easing inflation and increased economic stability. Read full […]

China-Türkiye businesses eye closer cooperation in beauty sector

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ISTANBUL, June 19 (Xinhua) — Around 60 Turkish firms and 20 Chinese companies gathered on Thursday in Istanbul for a business matchmaking event aimed at boosting bilateral cooperation in the […]

Russians on average spend 5.5 hours daily on smartphone: research

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ST. PETERSBURG, June 19 (Xinhua) — Each Russian spends an average of 5.5 hours daily on their smartphone, while young people spend almost 7 hours daily, said Alexey Goreslavsky, head […]

Iran’s IRGC appoints new intelligence chief

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TEHRAN, June 19 (Xinhua) — Iran’s Islamic Revolution Guards Corps (IRGC) on Thursday appointed Majid Khademi as the new head of its intelligence organization, the semi-official Fars News Agency reported. […]

Italy keeps embassies open in Iran, Israel, arranges charter flights for citizens

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ROME, June 19 (Xinhua) — Italy will maintain operations at its embassies in both Tehran and Tel Aviv amid the ongoing conflict between Iran and Israel, while organizing charter flights […]

Trump signs order to postpone TikTok ban for 3rd time

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NEW YORK, June 19 (Xinhua) — U.S. President Donald Trump on Thursday signed an executive order to keep TikTok running in the United States for another 90 days, allowing his […]

China’s Wang Xinyu stuns French Open champion Gauff in Berlin

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BERLIN, June 19 (Xinhua) — China’s Wang Xinyu advanced to her first grass court quarterfinal at the WTA 500 Berlin Open on Thursday, defeating French Open champion and second seed […]

Italy, pressed to boost defence spending, lashes at ‘stupid’ EU rules

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ROME (Reuters) -European Union budget rules are “stupid and senseless” and need to be changed to allow member states to boost defence spending as recommended by Brussels, Italian Economy Minister […]

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