Tag: cent
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Singapore now a ‘super-aged’ society, with more than 1 in 5 citizens aged 65 and above
The number of Singaporeans aged 80 and above has also grown by 60 per cent over the past 10 years.
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Exclusive-Japan’s SMBC in talks to increase stake in Vietnam’s VPBank, sources say
HANOI, Sept 25 : Japan’s Sumitomo Mitsui Banking Corp (SMBC) is in advanced talks to increase its stake in Vietnamese private lender VPBank, four people familiar with the negotiations said.SMBC, the banking arm of Sumitomo Mitsui Financial Group, is discussing raising its holding to approximately 20 per cent
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Oil prices fall as markets look to Iran truce, but remain wary of attacks on oil facilities
PERTH, Sept 25 : Oil prices fell slightly on Friday as markets weighed the possibility of a truce between the US and Iran against the bombing of Saudi Arabia by Houthi rebels after a week of price spikes. Brent was down 74 cents, or 0.69 per cent, to $105.85 a barrel at 0032 GMT, while…
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Yields elevated as inflation fears keep markets on edge
NEW YORK, Sept 24 : Longer-dated US Treasury yields retreated from earlier highs after 30-year yields touched a more-than-20-year peak, though they stayed elevated as nerves over renewed inflation and further central bank rate hikes kept investors on edge.Oil prices rose about 2 per cent on Thursday as US-Ira
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Oil prices jump 4% as Houthis fire missiles at Saudi Arabia
NEW YORK, Sept 24 : Oil prices jumped about 4 per cent to a one-week high on Thursday after Yemen’s Iran-backed Houthis fired missiles at Saudi Arabia and diplomatic talks between the US and Iran showed little sign of progress.Brent futures rose $4.10, or 4.0 per cent, to $107.18 a barrel at 11:09 a.m. EDT…
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Dollar ascends to fresh 2-month high on inflation worry, Fed hike expectations
NEW YORK, Sept 24 : The dollar hit a fresh two-month high on Thursday, boosted by growing views for Federal Reserve interest rate hikes after hawkish comments from several central bank officials and expectations for solid economic growth.Treasury yields calmed after sharp moves in the prior session but remain
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Dollar hits fresh 2-month peak, Swiss franc falls, Norwegian crown rises
Sept 24 : The dollar hit a fresh- two-month high on Thursday after a sharp rally fuelled by expectations of additional Federal Reserve interest rate hikes following strong economic data and a hawkish shift in rhetoric.Meanwhile, the Swiss Franc fell against the euro and the dollar after the Swiss National Ban
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SoftBank raises $11.1 billion in world’s biggest high-yield corporate bond sale
TOKYO, Sept 24 : SoftBank Group has raised $11.1 billion in dollar- and euro-denominated bonds in the largest high-yield corporate bond sale globally on record as the tech investment conglomerate seeks to fund its mammoth bet on OpenAI.The funding follows a 1 trillion yen ($6.3 billion) bond issue aimed at re
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SoftBank raising $11.1 billion in world’s biggest high-yield corporate bond sale
TOKYO, Sept 24 : Tech investor SoftBank Group is issuing $11.1 billion in dollar- and euro-denominated bonds, set to be the largest high-yield corporate bond sale globally on record as it seeks to fund its mammoth bet on OpenAI.The funding follows a 1 trillion yen ($6.3 billion) bond issue aimed at retail inv
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JGB yields jump as inflation worries resurface
TOKYO, Sept 24 : Japanese government bond yields jumped on Thursday on renewed concerns about inflation even after the Bank of Japan raised its policy rate to a 31-year high last week.The 10-year JGB yield rose 10 basis points (bps) to 3.075 per cent, its highest since August 1996. The five-year yield rose 10
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