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China calls West's economic de-risking a 'false proposition'
China calls West's economic de-risking a 'false proposition'
Business and Economy
by  AFP

Chinese Premier Li Qiang slammed efforts in the West to "de-risk" their economies as a "false proposition" on Tuesday, hitting back against US and EU policy aimed at reducing their reliance on China. "In the West, some people are hyping up what is called 'cutting reliance and de-risking'," Li told delegates at the opening of a World Economic Forum meeting in northern China.

Most Asian markets rise but wary eyes on Fed, Russia
Most Asian markets rise but wary eyes on Fed, Russia
Business and Economy
by  AFP

Asian markets mostly rose Tuesday after more than a week of losses but traders remained anxious about central banks' plans to continue hiking interest rates to fight stubborn inflation. - Russia worries - Oil rose again though traders remain caught between supply concerns caused by the Russia crisis and demand uncertainty as investors fret over surging interest rates.

Ex-Audi boss faces verdict in German 'dieselgate' case
Ex-Audi boss faces verdict in German 'dieselgate' case
Business and Economy
by  AFP

Ex-Audi CEO Rupert Stadler is Tuesday expected to be convicted and sentenced over the "dieselgate" scandal, the highest-ranking former executive to be punished over the emissions cheating controversy that rocked the car industry. The "dieselgate" saga shocked Germany and is seen as the country's biggest post-war industrial scandal.