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    Gold zooms to all-time peak as safety rush gathers steam

    27 Jul 2020

    Gold stormed to a record high on Monday as investors sought refuge from the possible hit to a pandemic-stricken global economy from an escalation in the US-China spat, which pummelled the dollar.

    China’s services sector grows at fastest pace in over a decade

    03 Jul 2020

    China’s services sector expanded at the fastest pace in over a decade in June as the easing of coronavirus-related lockdown measures revived consumer demand, a private survey showed on Friday, though companies continued to shed jobs.

    UAE, China to cooperate in digital economy transition

    18 Jul 2020

    Bilateral trade between the UAE and China will continue to surge in the coming years due to the strong trade relations and people-to-people synergies between the two countries as they transition to the digital economy.

    Foreign direct investment in Pakistan reaches $2.56 billion

    19 Jul 2020

    Pakistan’s foreign direct investment (FDI) has improved by 88% in fiscal year 2020 to $2.56 billion with major investment coming in the power and telecommunication sectors from China and Norway respectively.

    UAE-China expo to boost trade

    11 Jul 2020

    The Ministry of Economy of the United Arab Emirates and the China Council for the Promotion of International Trade (CCPIT), will together host the first China-UAE Economic and Trade Digital Expo,

    Foxconn hit as India to cut Chinese imports

    02 Jul 2020

    India’s additional scrutiny of imports from China has disrupted operations at plants owned by Apple supplier Foxconn in southern India, three sources told Reuters, and other foreign firms are also facing delays as tensions between the two countries build.

    Gold steadies above $1,800 on rising virus fears, US-China tensions

    15 Jul 2020

    Spot gold was up 0.1% at $1,808.85 per ounce by 0453 GMT. US gold futures eased 0.2% to $1,808.90.

    Global stock markets go forward as US earnings season looms

    13 Jul 2020

    World stock markets advanced Monday, helped by investor confidence in upcoming US quarterly earnings and the business outlook, and by hopes for progress towards a coronavirus vaccine, dealers said.

    China’s auto sector revives on strong demand for trucks, vans

    10 Jul 2020

    Auto sales in China rose 11.6% in June from a year earlier to 2.3 million units, driven largely by strong demand for trucks and vans as Beijing ramps up infrastructure spending to revive the economy.

    Global stock markets rally on hopes of economic recovery

    06 Jul 2020

    Stock markets rallied on Monday, with fresh signs of economic recovery resonating with investors more than a surge in coronavirus infections worldwide.

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