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Oil output cuts raise recession risk

LONDON: A decision by the Opec+ oil producers’ group last week to cut output has driven up prices and could push the global economy into recession, the International Energy Agency warned on Thursday.

Malaysian election call expected soon

KUALA LUMPUR: Malaysian Prime Minister Ismail Sabri Yaakob will soon meet with the king to get his consent to dissolve parliament, paving the way for a general election within this year, according to a ruling party official.

China s digital nomads make their move

DALI, Yunnan: After a hard day’s work, programmer Richard Hao powers down his laptop in a cafe overlooking Dali’s picturesque lake and drinks in the view. Like a growing number of digital nomads in China, he’s turned his back on big-city living and moved to the tourist hub in Yunnan province, famed for its snowcapped mountains, ancient temples and pagodas.

Marcos: Manila considering deals with Russia

The Philippines is talking to Russia about buying fuel and other key commodities because the country’s national interest overrides potential concerns over the war in Ukraine, says President Ferdinand Marcos Jr.

Thailand aims for 31% jump in per capita income by 2026

Thailand aims to lift the average per capita income by 31% in five years by tailoring economic and social policies to generate more wealth, even as it battles near-record household debt and a high cost of living.

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