Tag: cent
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World shares, euro slide as energy shock, fiscal worries bite
Oct 7 : Global stocks and the euro pulled back on Wednesday as oil prices rose above $100 amid renewed Middle East tensions while concerns France’s fiscal woes could affect broader debt markets continued to weigh on overall sentiment.The S&P 500 slid 0.6 per cent, a day after it hit a new record. The tech-he
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European shares, euro slide as energy shock, fiscal worries bite
Oct 7 : European stocks and the euro fell sharply on Wednesday as oil prices rose above $100 amid renewed Middle East tensions while concerns France’s fiscal woes could affect broader debt markets continued to weigh on overall sentiment.MSCI’s main world stocks index fell 0.39 per cent, while Europe’s STOXX 6
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Most US voters say Trump, Congress don’t take AI risks seriously, Reuters/Ipsos poll finds
WASHINGTON, Oct 7 : Most US voters think President Donald Trump’s administration and Congress are not taking the risks of AI seriously enough and want the government to write new regulations for the technology, according to a new Reuters/Ipsos poll.The six-day survey, which ended on Monday, showed that wide s
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Dollar gains as oil climbs and investors focus on the Fed
Oct 7 : The US dollar edged higher on Wednesday, buoyed by rising oil prices, while investors awaited Federal Reserve meeting minutes and remarks from policymakers for signals on a potential rate hike.The euro gave back some of its gains in the prior session when French bonds rallied after the frontrunner
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Shares of Japan beer makers fall after raids over cartel suspicion
TOKYO, Oct 7 : Shares of major Japanese beer makers fell nearly 4 per cent on Wednesday after Japan’s Fair Trade Commission said it raided the country’s four major beer makers on suspicion of collusion in sales of beer and other products to wholesalers. The beer divisions of Kirin Holdings Co, Asahi Group H
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Dollar recoups losses as markets await Fed minutes, speakers
TOKYO, Oct 7 : The US dollar recouped some losses on Wednesday as eyes turned to the release of Federal Reserve minutes and speeches by its policymakers for signals on a potential rate hike.The euro gave back some of its gains in the prior session when French bonds rallied after the frontrunner in next sprin
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Analysis:Vietnam’s banks tap investors for $7 billion as economy runs red hot
HANOI, Oct 7 : Vietnamese banks are planning nearly $7 billion in share sales as the country’s fast-growing economy fuels demand for capital, opening a window for foreign investors to expand in the tightly controlled sector.Communist-run Vietnam, which reported growth of nearly 10 per cent in the last quarter
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Dollar holds losses as markets await Fed minutes, speakers
TOKYO, Oct 7 : The US dollar remained lower on Wednesday after stress in European bond markets abated and as eyes turned to the release of Federal Reserve minutes and speeches by its policymakers for signals on a potential rate hike.The euro surged by the most in seven weeks in the prior session as French…
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Japan’s real wages rise for eighth straight month in August
TOKYO, Oct 7 : Japan’s real wages rose 1.5 per cent in August from a year earlier, marking the eighth consecutive month of gains, government data showed on Wednesday, pointing to a continued recovery in wage growth. • The solid wage data supports the case for the Bank of Japan to continue raising interest
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Samsung’s Q3 profit seen jumping nine-fold, but chip margins may be flat
SEOUL, Oct 7 : Samsung Electronics is expected to report a nearly nine-fold jump in third-quarter operating profit, driven by robust AI demand, though analysts have cut forecasts by nearly 8 per cent since the end of August.Despite moderating gains in the prices of memory chips and a strengthening South Korea
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