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.
China Chipmakers Are Catching Up Fast in AI, SenseTime’s Xu Says
China’s domestic AI chipmakers are rapidly narrowing the gap with international leaders, according to Xu Bing,
New Petrobras Head Pledges Investor Returns After CEO Upheavel
he CEO of Petrobras, Magda Chambriard, addressed investor concerns about increasing investments in her first public statements since taking office.
Jump in Japan’s Business Service Prices Supports BOJ Hike Case
Japan’s service prices have recorded the highest increase in over 30 years, indicating a broader trend of inflation and reinforcing the case for the Bank of Japan to raise interest rates.
Australia retail sales grow at a snail’s pace in April
Australian retail sales in April showed a marginal increase as consumers continued to be cautious due to high borrowing costs and rising rents
Rupee rises to 2-month high of 83.1 vs $
The Indian rupee closed at 83.10 in the foreign exchange market on Friday
SBI sets out to make infra loans costlier
State Bank of India (SBI), the largest lender in the country, has initiated a new project funding system
Colombia Plans to Boost Oil Output With a Drilling Push
Colombia aims to increase its oil production to 1 million barrels per day by urging drillers to increase their activity in underutilized exploration areas