Tag: cent
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Tokyo core inflation accelerates in August, nears BOJ target
TOKYO, Aug 28 : Core consumer prices in Tokyo rose 1.8 per cent in August from a year earlier, data showed on Friday, creeping up towards the central bank’s 2 per cent target, in a sign of broadening price pressures from the Middle East conflict.The rise in the Tokyo core consumer price index (CPI), which…
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Stock indexes gain as Nvidia boost offsets caution on Middle East, Fed events
NEW YORK/MILAN, Aug 27 : MSCI’s global equities gauge rose on Thursday as Nvidia’s bullish outlook boosted tech shares and U.S. Treasury yields edged down before a speech from Federal Reserve Chair Kevin Warsh on Friday, although uncertainty over the Strait of Hormuz sent Brent futures higher.U.S. Treasury y
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Nvidia ignites chip stock rally as forecast shows AI boom is intact
Aug 27 : Nvidia ignited a chip-stock rally on Thursday with a rare long-term revenue projection that did what its recent quarterly beats could not — ease investor fears that the AI boom is fading.Shares of the chipmaker jumped 6.8 per cent, putting the chipmaker on track to add about $295.7 billion in marke
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World stocks steady as Nvidia boost tempers Jackson Hole caution
MILAN, Aug 27 : Stocks steadied on Thursday as Nvidia’s bullish outlook boosted tech shares, though caution ahead of Fed Chair Kevin Warsh’s Jackson Hole speech on Friday and uncertainty over the Strait of Hormuz checked appetite for risk.Technology stocks rallied 1.8 per cent in Europe and were among the few
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Dollar recoups some losses as focus shifts to Fed remarks at Jackson Hole
Aug 27 : The U.S. dollar showed signs of recovering some of last week’s losses on Thursday as investors awaited signals on the Federal Reserve’s policy path at the Jackson Hole symposium, following data that showed inflation remained stickier than economists had anticipated.Data in the previous session showed
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French telco Iliad’s core profit rises 2% on Italy strength
Aug 27 : French telecom operator Iliad posted a 2.2 per cent rise in its half-year core profit on Thursday, buoyed by strong performance in Italy.The company’s earnings before interest, taxes, depreciation and amortization and after leases, or EBITDAaL, were €2 billion ($2.3 billion) in the first half of 2
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Iliad’s half-year core profit rises 2% on Italy strength
Aug 27 : French telecom operator Iliad posted a 2.2 per cent rise in its half-year core profit on Thursday, buoyed by strong performance in Italy.The company’s earnings before interest, taxes, depreciation and amortization and after leases, or EBITDAaL, was €2 billion ($2.3 billion) in the first half of 202
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Dollar steady before Jackson Hole, yen unmoved by BOJ Himino’s remarks
TOKYO, Aug 27 : The U.S. dollar traded in a narrow range on Thursday ahead of the Jackson Hole symposium, while the yen held steady after a Bank of Japan policymaker did not rule out a rate hike next month but stopped short of explicitly signalling one.The euro was up 0.05 per cent against the…
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BOJ deputy chief calls for timely rate hike, focus on inflation risk
URAWA, Japan, Aug 27 : Bank of Japan Deputy Governor Ryozo Himino on Thursday stressed the need for timely interest rate hikes with a focus on the risk of an inflation overshoot, reinforcing dominant market expectations for a near-term increase in borrowing costs.But he refrained from giving explicit signals
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Dollar steady before Jackson Hole, yen little changed after BOJ’s Himino speech
TOKYO, Aug 27 : The U.S. dollar traded in a narrow range on Thursday ahead of the Jackson Hole symposium, while the yen held steady after a Bank of Japan policymaker did not rule out a rate hike next month but stopped short of explicitly signalling one.The euro was up 0.07 per cent against the…
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