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Artificial glaciers boost water supply in northern Pakistan
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Brooksby upsets Paul to reach Houston final
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Thomas, Bednarek hit jackpot at Grand Slam Track meet
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Rodman on target as USA beat Brazil in Olympic rematch
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'Hands Off!' Anti-Trump Americans flood Washington
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Harman leads by three at Texas Open
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Barcelona draw to increase Liga lead after Real Madrid stumble
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Ecuador mounts anti-drug op overseen by Blackwater founder
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Pegula rallies to reach Charleston final
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Nick Rockett flies to victory in magical Mullins Grand National
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Ovechkin on the brink of the 'impossible'
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Anthony, Bird to enter basketball Hall of Fame
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'Phenomenal' Munster edge O'Gara's La Rochelle to reach Champions Cup quarters
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Munster edge O'Gara's La Rochelle to reach Champions Cup quarters
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Rahul, Jaiswal fire as Delhi and Rajasthan register big IPL wins
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Aston Villa beat Forest for seventh straight win ahead of PSG trip
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Jaiswal, Archer help Rajasthan thrash Punjab in IPL
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Inter's title charge stalls after throwing away points at Parma
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Real Madrid stumble at home to Valencia in Liga
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Leading garment producer Bangladesh holds crisis talks on US tariffs
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PSG win 13th French title ahead of Aston Villa Champions League clash
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Nick Rockett storms to victory in the 'Mullins' Grand National
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Despair and sadness follow death of Malian musical great Amadou
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Arsenal held by Everton, Wolves push Ipswich closer to relegation
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Lions contender Prendergast fires Leinster to Champions Cup quarters
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Nick Rockett wins the 'Mullins' Grand National for father and son
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Last-gasp Buendia goal keeps Leverkusen's Bundesliga title hopes alive
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Video shows last minutes before Gaza aid workers' deaths, Red Crescent says
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Zverev 'mentally' affected by Australian Open defeat
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Rahul guides Delhi to third straight IPL victory
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Arsenal draw at Everton to edge Liverpool closer to Premier League title
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Senate Republicans move forward with Trump tax cuts
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Sinner regrets 'unfair' doping ban as he prepares return to courts
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Isa hat-trick powers Toulon into Champions Cup quarters in Saracens thriller
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'Hang tough, it won't be easy': Trump defiant on tariffs
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Zelensky slams 'weak' US reply to Russian strike on his hometown
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Musiala hamstring tear compounds Bayern's injury crisis
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Selfies, goals and cheers at South Africa's grannies World Cup
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Tsunoda frustrated with 15th in Red Bull qualifying debut
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Rain forecast adds new element to combustible Japanese GP
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Ukraine mourns 18 killed in Russian missile strike
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Germany's Mueller to leave Bayern Munich after 25 years
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India's Modi clinches defence, energy deals in Sri Lanka
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Verstappen snatches 'special' pole for Japan GP with lap record
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Cambodia hails opening of naval base renovated by China
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Verstappen snatches 'insane' pole for Japan GP in track record
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Thousands rally for South Korea's impeached ex-president Yoon
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New Zealand hammer Pakistan by 43 runs to sweep ODI series 3-0
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Myanmar quake death toll passes 3,300: state media
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India's Modi in Sri Lanka for defence and energy deals
RBGPF | 100% | 69.02 | $ | |
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RYCEF | -18.79% | 8.25 | $ |

Hong Kong stocks resume rally, oil dips after Middle East-fuelled surge
Hong Kong stocks resumed their China-fuelled rally Friday on a broadly positive day for Asian markets while oil prices stabilised after soaring on fears about the Middle East crisis as investors await Israel's response to Iran's missile attack.
Buyers were back in the driving seat in Hong Kong after retreating for the first time Thursday since Beijing last week unveiled a raft of economy-boosting measures that has seen investors flooding back to the market.
The stimulus -- mainly targeting the property sector -- has seen stocks in the city and mainland China enjoy a blistering run of more than 20 percent on hopes that Beijing can finally reignite growth.
The Hang Seng Index climbed around two percent Friday, with tech firms leading the charge, while developers -- who have seen eye-watering gains over the past week -- fluctuated as investors await from queues from China.
Mainland markets are closed for the Golden Week holiday.
There were also gains in Tokyo at the end of a rollercoaster week dictated by a volatile yen after the election of Shigeru Ishiba as prime minister.
The yen initially surged to less than 142 per dollar on the news owing to Ishiba's previous support for Bank of Japan interest rate hikes.
But it sank later in the week to more than 147 after he said the country was not yet ready for a third increase this year.
It was around 146.50 on Friday.
"Investors are likely to remain on edge as they weigh the evolving monetary policy signals from Japan against shifting geopolitical developments," said ACY Securities currency analyst Luca Santos.
Singapore, Seoul, Wellington, Mumbai, Bangkok and Manila rose, though Sydney, Taipei and Jakarta edged down with London, Frankfurt and Paris.
Investors are now awaiting the release of key US jobs data later in the day, which they hope could provide an idea about the Federal Reserve's thinking on whether or not to cut rates again this month, and if so by how much.
Speculation about Israel's response to the scores of missiles fired at it on Tuesday has stoked concern that the region could erupt into a wider conflict that incorporates Iran.
Crude has risen around 10 percent since that attack on supply fears, while China's drive to reignite its vast economy has the potential to cause a demand surge.
Both main contracts rocketed around five percent Thursday when US President Joe Biden said he was "discussing" possible Israeli strikes on Iranian oil sites in retaliation for Tehran's barrage. However, they were essentially flat in Asian trade.
As Israel continues air and ground attacks on Hezbollah in Lebanon, Iran -- which arms and funds the militants -- said it would step up its response in the event of a retaliation.
Still, IG market analyst Tony Sycamore said it was unlikely Iran's oil would be targeted owing to the fact it could rekindle inflation just as global central banks fight to bring it down.
"Instead, Israel is more likely to target critical weapons factories and military installations, similar to actions taken in April," he wrote.
"In the aftermath, there is hope for a return to the shadow conflict that has been ongoing between Israel and Iran's regional proxies since the 7 October Hamas attack."
He added that if the crisis did escalate into a direct confrontation, "there's a risk that Iranian oil (four percent of global supply) could be cut off by embargos or military actions".
"The potential loss of Iranian supply might be offset by the return of Libyan oil and increased Saudi production, as voluntary supply cuts are set to expire on 1 December," he said.
- Key figures around 0710 GMT -
West Texas Intermediate: FLAT at $73.69 per barrel
Brent North Sea Crude: FLAT at $77.60 per barrel
Tokyo - Nikkei 225: UP 0.2 percent at 38,635.62 (close)
Hong Kong - Hang Seng Index: UP 2.1 percent at 22,573.41
London - FTSE 100: DOWN 0.3 percent at 8,261.77
Shanghai - Composite: Closed for a holiday
Pound/dollar: UP at $1.3151 from $1.3124 on Thursday
Euro/dollar: UP at $1.1031 from $1.1029
Euro/pound: DOWN at 83.90 pence from 84.03 pence
Dollar/yen: DOWN at 146.20 from 146.92 yen
New York - Dow: DOWN 0.4 percent at 42,011.59 (close)
I.Meyer--BTB