Tag: cent
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Asia shares edge up as chip selloff eases; US CPI awaited
HONG KONG, Oct 14 : Asian shares inched higher on Wednesday as those related to artificial intelligence found respite after a selloff, while any gain was tempered by elevated oil prices and caution ahead of U.S. inflation data later in the global day. Among firms in the AI supply chain, chipmakers Samsung Ele
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IMF says higher bond yields underscore urgency of fiscal consolidation
BANGKOK, Oct 14 : The International Monetary Fund on Wednesday urged advanced economies and others to take urgent action to reduce government spending, cut deficits and reduce debt levels, warning that delays would only make the job harder in coming years.Rodrigo Valdes, head of the IMF’s Fiscal Affairs depar
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Dollar slips with oil prices, geopolitical risks seen easing before midterms
Oct 13 : The dollar slipped from 18-month highs on Tuesday in line with a retreat in oil prices with investors hoping the Middle East conflict would remain contained ahead of US midterm elections and shifting focus to the Federal Reserve’s rate path.Markets expect US President Donald Trump to avoid escalation
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Dollar slips, geopolitical escalation risks seen limited before midterms
Oct 13 : The dollar slipped from 18-month highs on Tuesday in line with a retreat in oil prices as investors shifted focus to the Federal Reserve’s rate path, betting Middle East tensions would remain contained ahead of US midterm elections.The prevailing market view is that US President Donald Trump will see
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IMF cuts Latin America, Caribbean growth forecasts on energy shock, little AI boost
NEW YORK, Oct 12 : The International Monetary Fund trimmed its growth forecasts for Latin America and the Caribbean for this year and next and said most of the region was getting little lift from the artificial intelligence boom that has helped other economies absorb the energy shock from the Middle East war.
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Dollar holds 18-month high as Gulf tension, US inflation keep investors on edge
NEW YORK, Oct 12 : The dollar held at an 18-month high on Monday, supported by safe-haven demand as attacks escalated in the Middle East over the weekend, keeping investors cautious ahead of key US inflation data later this week.The dollar index, which tracks the US currency against six others, was up 0.37 p
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Dollar hovers near 18-month high as Gulf unrest, US inflation keep investors on edge
NEW YORK/LONDON, Oct 12 : The dollar held near an 18-month high on Monday, supported by safe-haven demand as an escalating Middle East conflict kept investors cautious ahead of key US inflation data later this week.Oil prices were volatile after Yemen’s Iran-backed Houthis stepped up strikes on Saudi Arabia,
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Global smartphone shipments record worst third quarter in 14 years amid memory shortage
Oct 12 : Global smartphone shipments fell 20 per cent on-year to their lowest third-quarter level since 2012, as soaring memory chip costs and supply shortages pressured manufacturers and pushed up prices, preliminary estimates from Counterpoint Research showed on Monday. Rising prices for memory components
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Financial, mental health issues pushing women towards early retirement
MANCHESTER, England, Oct 12 : Nearly half of women’s footballers are considering leaving the game early, with financial pressures and mental health struggles the main reasons, according to a FIFPRO report highlighting the gulf between the sport’s rapid growth and conditions for most players.The 2026 FIFPRO Gl
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Dollar firm near 18-month highs, as Gulf unrest, US inflation keep investors on edge
LONDON, Oct 12 : The dollar traded around its highest in a year and a half on Monday, as an escalating Middle East conflict kept investors wary ahead of key US inflation data later this week that could shape the outlook for interest rates.Oil prices were volatile after Yemen’s Iran-backed Houthis stepped up
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