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Kazakhstan’s Tengiz oilfield continues operations after blast – source

ALMATY (Reuters) – The giant Tengiz oilfield in Kazakhstan is continuing operations after the blast that killed two workers, a source close to the operating company told Reuters. Tengiz is Kazakhstan’s largest oilfield, operated by the country’s top oil venture Tengizchevroil, in which Chevron holds a 50% stake. An explosion at Tengiz oilfield in Kazakhstan …

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Mitsui, Mitsubishi shares slide as Japan-Russia tension over gas, oil spikes

By Sakura Murakami and Yuka Obayashi TOKYO (Reuters) – Shares in Mitsui & Co and Mitsubishi Corp, investors in the Sakhalin-2 gas and oil project, tumbled on Wednesday as tensions between Moscow and Tokyo ratcheted higher with former Russian president Dmitry Medvedev threatening that Japan could be cut off from Russian gas and oil. Medvedev’s …

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Taiwan June consumer inflation hits near 14-year high

TAIPEI (Reuters) -Taiwan’s inflation rate hit a near 14-year high in June, with the consumer price index (CPI) expanding 3.59% from a year earlier, more than market expectations. The pace quickened from the 3.39% year-on-year reading for May, the Directorate General of Budget, Accounting and Statistics said in a statement on Wednesday, and was slightly …

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Japan to seek 70,000 tonnes of feed wheat, 40,000 tonnes of barley via tender

TOKYO(Reuters) – Japan’s agriculture ministry said on Wednesday it will seek 70,000 tonnes of feed wheat and 40,000 tonnes of feed barley to be loaded by Oct. 31 and arrive in Japan by Dec. 22 via a simultaneous buy and sell auction on July 13. In such auctions, end-users and importers specify the origin, price …

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Biden still weighing China tariff options as requests to keep them pile up

By David Lawder and Trevor Hunnicutt WASHINGTON (Reuters) -U.S. President Joe Biden’s team is still looking at options on whether to cut tariffs on Chinese imports to ease inflation, the White House said on Tuesday as industry requests to maintain the duties mounted. More than 400 requests to keep tariffs in place on Chinese goods …

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Malaysia central bank lifts key rate again to curb inflation

By Rozanna Latiff KUALA LUMPUR (Reuters) -Malaysia’s central bank on Wednesday raised its benchmark interest rate for the second straight meeting, as it looked to tame rising inflation while keeping an eye on unexpectedly weak global economic growth. Bank Negara Malaysia (BNM) lifted its overnight policy rate by 25 basis points to 2.25%, as expected …

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Hacker claims to have stolen 1 billion records of Chinese citizens from police

SHANGHAI (Reuters) -A hacker has claimed to have procured a trove of personal information from the Shanghai police on one billion Chinese citizens, which tech experts say, if true, would be one of the biggest data breaches in history. The anonymous internet user, identified as “ChinaDan”, posted on hacker forum Breach Forums last week offering …

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