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USD drops as Federal Reserve cuts interest rates by 0.5%
Dollar index was last down 0.53% on the day at 100.37, the lowest since July 2023
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US stocks dip after Federal Reserve's 50 basis point rate cut
S&P 500 oscillates between modest gains and losses prior to the announcement
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US Federal Reserve cuts interest rates by 50 basis points
Policymakers see rate falling by another 50bps by end of year, another 100 bps in 2025, and by 50bps in 2026
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Wall Street indexes decline amid uncertainty over looming US Fed rate decision
Since July 2023, borrowing costs remain high, with interest rates at 5.25% to 5.50% after a 25 basis point hike
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Gulf stock markets mixed as caution grows ahead of US Fed rate announcement
Oil fell after two sessions of gains after an industry report showed increasing US crude and fuel inventories
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Egypt rejects Israeli troop presence on Gaza border, upholds pre-war security arrangements
Israeli troops entered the buffer zone in May as they pressed an offensive around Rafah in the south of Gaza
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UNGA adopts resolution demanding Israel end occupation of Palestinian territories in 12 months
Resolution receives 124 votes in favour while 43 countries abstained as Israel, US and 12 others voted against
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Google overturns $1.66 billion antitrust fine in EU court
Google won its challenge against the $1.66 billion antitrust fine for hindering rivals in online search advertising.
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Amazon names Samir Kumar as new India head
Samir Kumar named Amazon India's new head, succeeding Manish Tiwary amidst regulatory challenges and expansion plans.
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Donald Trump calls India 'very big abuser' of trade ahead of meeting with PM Modi
Republican candidate for Nov. presidential election, speaking in Michigan, gave no details on where they would meet.









