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China will impose new port fees on U.S. vessels starting October 14, mirroring upcoming U.S. charges on Chinese ships. These retaliatory measures, aimed at countering U.S. shipbuilding efforts and China's shipping dominance, could significantly impact trade. The fees are set to increase annually through 2028.
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Indian equity markets are trading range-bound due to a balance of supportive monetary and fiscal policies against slowing global growth and foreign outflows. Analysts suggest a cautious outlook for the IT sector, favoring multi-asset portfolios with exposure to gold, silver, and commodities.
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University workers will vote on national strike action this month over a 1.4% pay offer made in the summer.
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News and Media
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