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China leaves benchmark lending rates unchanged for 14th consecutive month in Jul

The one-year LPR remained at 3 per cent
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China leaves benchmark lending rates unchanged for 14th consecutive month in July

The one-year loan prime rates remained at 3 per cent
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India’s private lenders bet on corporate loan revival for growth

The pickup comes as high bond yields make market funding less attractive
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Dollar steady but set for weekly drop on fading US rate hike bets

The dollar index was less than 0.1% higher at 100.79
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Philippine bourse seeks to boost retail trading with new reforms

The aim is to attract retail investors away from online gambling and cryptocurrency trading
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UOB shares fall 3.8% after months of steady gains

DBS and OCBC also decline, but are much more modest at 0.6% and 1.3%, respectively
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UOB shares end 2.4% lower after months of steady gains

DBS and OCBC also decline, but much more modestly by 0.7% and 0.8%, respectively
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US dollar near one-month low as concerns over oil prices remain subdued

The dollar hovered near its one-month low on Thursday (Jul 16) as investors weighed subdued US inflation data, which dampened rate-hike...
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Australia to boost scrutiny of Big Four accounting firms after wave of scandals

Breaking up the Big Four firms is one option under consideration
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Bank of Korea hikes rates for first time in 3-1/2 years to combat inflation, won slump

South Korea’s economy has been rebounding faster than expected
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