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Oman raises minimum wage for nationals

Oman has raised minimum wages for national workers in the private sector. The extra cash is intended to improve living standards in the country but economists warn that such moves could also undermine efforts to boost local participation in business.…

Market exchange rates in China — Aug. 28

BEIJING, Aug. 28 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Wednesday by the China Foreign Exchange Trade System: Currency Unit Central parity rate in…

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