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Japan’s business service prices rise at fastest annual pace since March 2015
Business / Focus

Japan’s business service prices rise at fastest annual pace since March 2015

Posted on: May 28, 2024May 28, 2024

According to data from the Bank of Japan, Japanese corporate services prices in April experienced their highest growth rate since early 2015.

Asian Stocks Tread Water Before Inflation Data: Markets Wrap
Business / Focus

Asian Stocks Tread Water Before Inflation Data: Markets Wrap

Posted on: May 28, 2024May 28, 2024

Asian stocks traded within a narrow range on Tuesday, while the dollar weakened ahead of the release of inflation data that is expected to have an impact on global monetary policy.

New Zealand tightens some home loan rules
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New Zealand tightens some home loan rules

Posted on: May 28, 2024May 28, 2024

The Reserve Bank of New Zealand (RBNZ) has implemented new regulations aimed at reducing default risk in the country’s housing market.

China Chipmakers Are Catching Up Fast in AI, SenseTime’s Xu Says
Business / HomePage

China Chipmakers Are Catching Up Fast in AI, SenseTime’s Xu Says

Posted on: May 28, 2024May 28, 2024

China’s domestic AI chipmakers are rapidly narrowing the gap with international leaders, according to Xu Bing,

Oil Steadies as Geopolitical Tensions Rise Before OPEC+ Meeting
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Oil Steadies as Geopolitical Tensions Rise Before OPEC+ Meeting

Posted on: May 28, 2024May 28, 2024

Oil prices stabilized on Wednesday after two consecutive days of gains, despite escalating tensions in the Middle

Rupee rises to 2-month high of 83.1 vs $
Business / Focus / HomePage

Rupee rises to 2-month high of 83.1 vs $

Posted on: May 25, 2024May 25, 2024

The Indian rupee closed at 83.10 in the foreign exchange market on Friday

SBI sets out to make infra loans costlier
Business / Focus / HomePage

SBI sets out to make infra loans costlier

Posted on: May 25, 2024May 25, 2024

State Bank of India (SBI), the largest lender in the country, has initiated a new project funding system

Oil Lingers Near Three-Month Lows on Ample Near-Term Supplies
Business / Focus / HomePage

Oil Lingers Near Three-Month Lows on Ample Near-Term Supplies

Posted on: May 25, 2024May 25, 2024

Oil prices are holding near their lowest levels in three months due to ample near-term supplies.

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