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Aramco declares $1.71 trillion valuation in blockbuster IPO

Saudi Arabia on Sunday put a value of up to $1.71 trillion on energy giant Aramco in what could be the world's biggest IPO, but missed Crown Prince Mohammed bin Salman's initial target of $2 trillion. Aramco said it would sell 1.5 percent of the company in a blockbuster initial public...

Polls close in Sri Lanka presidential poll marred by violence

Polls have closed in Sri Lanka where elections were held Saturday for a new president of the tourism-dependent island nation still struggling to recover from the Easter Sunday militant attacks which killed more than 250 people. A convoy of buses carrying Muslim voters was shot at just...

Afghanistan announces delay in Taliban-for-hostages exchange

The exchange of three senior Taliban prisoners for two foreign hostages announced by Afghan President Ashraf Ghani has been delayed, a spokesman said Saturday. The Taliban prisoners "are still being held by the Afghan government. The inability of the Taliban to meet the conditions has...