Tag: cent
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South Korea inflation cools to three-month low, but risks remain
SEOUL, Aug 4 : South Korea’s consumer inflation softened to a three-month low in July, coming in below market expectations on a fall in oil prices, though policymakers remained wary of upward price pressures.The consumer price index (CPI) rose 2.8 per cent in July from a year earlier, after rising 3.2 per cen
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Snap beats revenue estimates on ad boost from World Cup, shares surge
Aug 3 : Snap beat second-quarter revenue estimates on Monday, thanks to increased advertising spending during the FIFA World Cup and stronger campaign activity from large advertisers in North America, sending its shares up 13 per cent in extended trading.The social media company is bolstering its appeal by fo
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South Korea July inflation +2.8% y/y, weaker than expected
SEOUL, Aug 4 : South Korea’s consumer inflation weakened to a three-month low in July, coming in below market expectations on a fall in oil prices, government data showed on Tuesday. The consumer price index rose 2.8 per cent in July from a year earlier, after rising 3.2 per cent in June, according to the…
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Oil drops, stocks gain amid Iran peace hopes; yen firms as investors watch for further intervention
NEW YORK/LONDON, Aug 3 : Oil prices dropped and major stock indexes gained on Monday on signs that U.S.-Iran tensions were easing again, while the yen strengthened after the U.S. and Japan confirmed joint intervention to support the currency and investors watched for signs of further intervention. U.S. Presi
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Snap beats revenue estimates on ad boost from World Cup, shares jump
Aug 3 : Snap beat second-quarter revenue estimates on Monday, thanks to increased advertising spending during the FIFA World Cup and stronger campaign activity from large advertisers in North America, sending its shares up 9 per cent in extended trading.The social media firm’s focus on direct response ads, de
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Snap beats revenue estimates on ad boost from World Cup
Aug 3 : Snap beat Wall Street estimate for second-quarter revenue on Monday, thanks to increased advertising spending during the FIFA World Cup and stronger campaign activity from large advertisers in North America.The social media company’s shares jumped 9 per cent in extended trading.Snap’s focus on
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Oil falls, stocks gain amid Iran peace hopes; yen firms after intervention
NEW YORK/LONDON, Aug 3 : Oil prices dropped and major stock indexes gained on Monday on signs that U.S.-Iran tensions were easing again, while the yen strengthened against the euro and dollar after the U.S. and Japan confirmed joint intervention to support it.Oil prices fell sharply after U.S. President Don
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World Bank maintains 2026 Philippine growth forecast at 3.7%
MANILA, Aug 3 : The World Bank on Monday maintained its 2026 growth forecast for the Philippines at 3.7 per cent and said the economy’s recovery next year was likely to be slower than previously expected. • “Growth is set to decelerate in 2026 on the back of weak investment, constrained consumption and sus
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Oil prices sink on Middle East hopes, yen extends gains after joint intervention
HONG KONG: Oil prices tumbled Monday (Aug 3) as Donald Trump said fresh talks with Iran will begin later in the day, while the yen extended gains after US and Japanese officials confirmed a rare joint intervention to prop up the currency.The positive development in the five-month Middle East war did little to
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Vietnam July trade deficit widens, driven by higher fuel costs
HANOI, Aug 3 : Vietnam posted a trade deficit of $3.587 billion in July, wider than June’s $2.64 billion gap, while consumer prices rose 4.45 per cent from a year earlier, compared with 4.69 per cent the previous month, government data showed on Monday.Goods exports in July rose 25 per cent from a year earlie
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