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China’s Central Bank Conducts Reverse Repos

China’s central bank conducted 61 billion yuan (about $8.64 billion) of seven-day reverse repos at an interest rate of 1.5% on Wednesday.

The central bank said that the move aims to keep liquidity in the banking system reasonable and ample, accordi…

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Oil Prices Rise amid Mideast Tensions

Oil prices edged up on Wednesday as developments in the Middle East took center stage against cautious demand expectations and ahead of a government meeting on China’s fiscal policy.

Brent crude futures rose 45 cents, or 0.6%, to $77.63 a barrel, w…

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