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China’s Manufacturing Sector Contracts in May

China: China’s manufacturing activity contracted in May, indicating that the sector is under pressure due to weak domestic demand and rising production costs. The National Bureau of Statistics of China said in a statement Sunday that the Purchasing Ma…

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India Reduces Fuel Export Duties

Doha: The Indian government announced a reduction in export duties on gasoline, diesel, and jet fuel for two weeks, effective Monday, June 1.

According to Qatar News Agency, the government stated that the export duty on gasoline has been set at 1.5 …

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