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Hui Ka Yan, founder of Evergrande Group, pleads guilty to fraud and embezzlement, marking a significant development in China's economic landscape.
Oil prices rise amid US-Iran ceasefire uncertainty and attacks on Saudi oil facilities disrupting global supply.
Gold prices see limited upside as U.S.-Iran tensions persist, impacting inflation and market forecasts.
OPEC+ agrees to a symbolic increase in oil output as conflicts disrupt global supply, with prices nearing all-time highs.
A US airman missing after an Iranian attack has been rescued, amidst rising tensions affecting global oil markets.
Senegal imposes a travel ban for ministers as rising oil prices strain the nation's economy.
Pakistan raises fuel prices severely, prompting government measures like free public transport to alleviate economic distress.
Five EU finance ministers propose a tax on energy companies' windfall profits due to rising fuel prices linked to the Iran conflict.
Trump's new 100% tariff on imports aims to lower drug prices and boost domestic manufacturing, though it carries significant implications for consumers and companies.
Diplomats from over 40 nations convene to strategize the reopening of the vital Strait of Hormuz, currently blocked by Iran.
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