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Chinese turn Paris suburb into Europe’s biggest fashion market
A vast range of clothing is on offer in this town on the northern edge of the French capital where generations of Chinese have settled — and some made fortunes.
Yellen’s patience put to test
Janet Yellen could be losing patience. And that could mean a lot for global markets.
UAE pavilion attracts over 25,000 visitors
The NMC put the daily average of footfall at 3,000 visitors.
Will it pay off? Wage hikes in spotlight
Wal-Mart, Target, T.J. Maxx, Gap and McDonald’s have already announced wage increases, and the trend appears to be trickling further into the retail and restaurant sectors.
India’s forex reserves touch new record high
The new record surpasses the previous high of $344.6 billion touched during the week ended April 24, when the reserves grew by $1.4 billion.
China April inflation muted
Producer prices index slides 4.6%; raw material prices fall 8.3; extraction costs drop 19.6%.
US job growth rebounds
Pick-up in economic momentum may keep Fed on track to hike rate this year
China exports unexpectedly shrink, imports slide in April
The central bank has lowered interest rates and banks’ reserve requirement ratio (RRR) thrice in three months since November to stoke the economy.
Saudi Arabia plans to target Mice industry
Set to launch e-gate system for business travellers from Nov 8.
India e-tourist visa helps in boosting visitor traffic
Facility will be extended to 31 more countries from June.
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