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Equities lose some steam while dollar falls and oil slips
NEW YORK/LONDON, June 9 : MSCI’s global equities gauge pared earlier gains on Tuesday as it saw little support from Wall Street where investors waited anxiously for inflation data while the dollar dipped with oil prices on hopes for easing Middle East tensions after Iran and Israel halted attacks on each other.
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Interest climbs for soccer across North America before 2026 World Cup, study shows
June 9 : North America’s soccer fan base has grown 10.9 per cent to more than 136 million people over the past five years, Nielsen said in a report released on Tuesday, highlighting growing interest ahead of the 2026 World Cup in the United States, Canada and Mexico.The study, covering audience trends across
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AI saves clinicians time but most lack training, survey finds
June 9 : AI is saving clinicians time, but the majority of healthcare professionals say training in the technology is inadequate, inconsistent or unavailable, a global survey by Philips showed on Tuesday.The study, Philips Future Health Index, was carried out through two quantitative surveys, one with 2,011
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BOJ to consider pausing bond taper next fiscal year, sources say
TOKYO, June 9 : The Bank of Japan will consider maintaining the current pace of bond purchases beyond next fiscal year, sources said, pausing a taper process that would mark a turning point in its quantitative tightening (QT) plan.But the decision could be a close call as the nine-member board is seen as spli
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JGB yields rise as investors focus on 30-year auction, BOJ meeting
TOKYO, June 9 : Japanese government bond (JGB) yields rose on Tuesday as investors extended a recent selloff across most tenors ahead of an expected rate hike by the central bank.Here are a few details: • The benchmark 10-year JGB yield climbed 2.5 basis points (bps) to 2.740 per cent, putting it on
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EV maker VinFast’s revenue jumps on SE Asian demand, but loss widens
June 8 : Vietnam’s VinFast reported a nearly 42 per cent rise in first-quarter revenue on Monday, driven by strong demand for its electric vehicles in key Southeast Asian markets, but posted a wider net loss.Quarterly revenue rose to 23.11 trillion dong ($877.24 million) from 16.31 trillion dong a year earlie
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Rout in Seoul stocks leads Asian losses as AI tech rally hits wall
HONG KONG: Seoul’s Kospi stock index dived more than eight per cent to lead a rout across Asia on Monday (Jun 8) as tech firms were hammered and strong US jobs data fuelled bets on a Federal Reserve interest rate hike.News that Iran and Israel
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South Korea’s KOSPI craters over 8% as Fed fears spark tech rout
SEOUL, June 8 : South Korea’s stock benchmark plunged over 8 per cent on Monday, tripping circuit breakers, after robust U.S. jobs data lifted bets on a Federal Reserve rate hike and unleashed a selloff in the tech‑heavy market that had powered the broader AI rally.The KOSPI fell 8.3 per cent to close at 7,
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Seoul leads steep Asian losses as AI-led tech rally hits wall
HONG KONG: Seoul’s Kospi stock index dived more than eight per cent to lead a rout across Asia on Monday (Jun 8) as tech firms were hammered and strong US jobs data fuelled bets on a Federal Reserve interest rate hike.News that Iran and Israel had struck each other sparked worries about an escalation of…
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Japan’s economy cools on weak capex in Q1, revised data shows
TOKYO, June 8 : Japan’s economy lost momentum in the January-March quarter from the previous three months over sluggish capital expenditure, revised gross domestic product (GDP) data showed on Monday, pointing to challenges ahead due to the Middle East conflict.The GDP figures released by the Cabinet Office
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