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Gulf shares may fall on oil tumble, subdued risk appetite

  Bloomberg A fresh pull-back in oil prices and waning risk appetite towards equity markets in general may drag Gulf stock markets lower on Wednesday. Brent oil futures lost 1.2 percent on Tuesday and have continued to fall in Asian trade on Wednesday; they were at $54.66 a barrel at 0524 GMT. MSCI’s broadest index of Asia-Pacific shares outside Japan ...

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Chinese developers lead Asia stocks higher as Indian shares fall

  Bloomberg Asian shares rose as Chinese property developers jumped on optimism, offsetting declines in India where the government unexpectedly signaled an end to an easing cycle. The MSCI Asia Pacific Index gained 0.3 percent as of 5:07 p.m. in Hong Kong, erasing an earlier decline. Country Garden Holdings Co. surged the most in 21 months as analysts at Goldman ...

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US coal on a comeback trail

  Bloomberg Boosted by higher prices and presidential promises of aid, US coal is having a comeback season. Yet a looming quandary remains: Demand continues to shrink. In the boom-bust cycles of old, the fuel’s use grew relentlessly as a fleet of coal-fired power plants fed America’s hunger for electricity. Now, a new age of clean, cheap natural gas and ...

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