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Day: August 22, 2024

Oil Prices Fall for Fifth Session amid Global Demand Concerns

Oil prices fell for a fifth straight session on Thursday as investors worried about the global demand outlook, despite a decline in US fuel inventories and expectations of a US interest rate cut in September.

Brent crude futures fell 9 cents to $75.9…

Six Killed in Hotel Fire South of Seoul

Six people were killed and 11 others injured in a fire that broke out Thursday in a hotel in South Korea.

The Gyeonggi Province Civil Defense said in a statement that its crews had recovered the bodies of six people and rescued 11 others from a fire …

BOK Extends Rate Freeze

South Korea’s central bank froze its key rate for the 13th straight session Thursday as household debts continue to increase and inflation keeps slowing down.

In a widely expected decision, the monetary policy board of the Bank of Korea (BOK) kept it…

Martyrs, Wounded in Israeli Shelling in Jabalia and Khan Yunis

A number of Palestinians were killed and others were injured Thursday, including children and women, in an Israeli shelling that targeted a residential apartment in Tal al-Zaatar in Jabalia camp, north of the Gaza Strip.

Palestinian news agency (WAFA…

17 Killed in Explosion at Pharmaceutical Factory in India

Seventeen people were killed and others were injured in an explosion at a pharmaceutical factory in the state of Andhra Pradesh, in southern India.

Local authorities said that the explosion led to the injury of 35 people, and they were transferred to…

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