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Japan June services producer prices rise as Iran war keeps freight costs high
TOKYO, July 27 : Japan’s services producer price index rose 3.2 per cent in June from a year earlier, central bank data showed on Monday, a sign of broadening inflationary pressure that will keep alive market expectations for further interest rate hikes.The annual rise in the index, which tracks the price com
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MAS tightens monetary policy for the second time in a row
The majority of analysts had expected the central bank to keep monetary policy unchanged.
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The Odyssey has now made over US$600 million globally since its release
The film has also given director Christopher Nolan his best second weekend ever, not accounting for inflation.
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Shares, bonds bounce as oil skid offers inflation relief
SYDNEY, July 27 : Share markets rallied in Asia on Monday as a pause in fighting in the Gulf dragged oil prices sharply lower, easing inflation risks and boosting bonds ahead of a packed week of central bank meetings and corporate earnings.Iran said on Sunday it would halt its own attacks as long as the…
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Netanyahu accuses NYC’s Mamdani of ‘fomenting hate’ after arrest threat
Mamdani walked back his threat last week, acknowledging he lacked the legal power to arrest Netanyahu on a warrant issued by the International Criminal Court.
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Singapore tightens monetary policy as rising oil prices rekindle inflation risk
Unlike most central banks, the MAS manages medium-term price stability by managing the Singapore dollar exchange rate against a trade-weighted basket of currencies.
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Oil slides 5% as Iran reportedly signals halt to attacks if U.S. pause holds
Oil prices fell after Iran reportedly said it would suspend attacks as long as a U.S. pause in hostilities remains in place.
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Lyles eases injury fears after cramp halts 200m run
NEW YORK, July 26 : Noah Lyles gave fans a fright at the U.S. national championships on Sunday when he pulled up suffering from leg cramps down the final straight of the 200 metres final but the American later played down the issue.All appeared to be business as usual for world champion Lyles around the…
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Kim Jong Un’s sister blasts ASEAN for urging North Korea denuclearisation
SEOUL: The powerful sister of North Korean leader Kim Jong Un attacked the bloc of Southeast Asian nations on Monday (Jul 27) for seeking a denuclearised Korean peninsula, blasting the position as “stupid and foolish”.At its annual regional forum last week, the Association of Southeast Asian Nations (ASEAN) e
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Nvidia to acquire $1 billion of new shares of South Korea’s Naver
SEOUL, July 27 : South Korea’s Naver said in a regulatory filing on Monday that Nvidia will acquire $1 billion of its shares to be newly issued as part of an investment partnership to build a new data center.
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