Economy

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Equities retreat with US rates back in focus
Equities retreat with US rates back in focus
by  AFP

Asian and European stock markets mostly fell Monday and the dollar rose as relief over a last-minute deal to avoid a US government shutdown gave way to renewed concerns over high interest rates. US stocks ended Friday mostly lower as a government shutdown appeared likely after hardline Republicans had tanked an earlier plan to keep the lights on.

UK finance minister to announce boost for lowest earners
UK finance minister to announce boost for lowest earners
by  AFP

The UK minimum wage will go up next year, finance minister Jeremy Hunt will announce at the Conservative party's annual conference Monday, as the country gears up for a general election. - Populist - Prime Minister Rishi Sunak's party is currently trailing the opposition Labour Party in the polls, with an election looming next year.