Tag: fast
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Philippine central bank to act as May inflation stays above target
MANILA, June 5 : The Philippine central bank said on Friday it will “take necessary actions” to bring inflation back to its target, after the annual pace of consumer price growth remained above its 3 per cent goal for a third straight month in May.Annual inflation unexpectedly slowed to 6.8 per cent in May fr
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Stocks steady as US-Iran peace talks stall, AI rally cools
LONDON, June 5 : Shares wobbled on Friday as investors turned defensive ahead of the weekend, wary of the flare-up in Middle East hostilities with U.S.-Iran peace talks in limbo.The Iran-backed Hezbollah militia rejected a new ceasefire in Lebanon on Thursday and Israel said it would not withdraw troops from
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Global equity fund inflows at 3-week high as AI optimism boosts sentiment
June 5 : Global equity fund inflows surged to a three-week high in the week to June 3 as a set of robust earnings in the technology sector and investor enthusiasm over the AI boom bolstered demand.According to LSEG Lipper data, global equity funds attracted a net $21.44 billion during the week, the largest am
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India’s GDP grows 7.8% in January-March on resilient farm, construction output
NEW DELHI, June 5 : India’s economy grew at an unexpectedly strong 7.8 per cent on-year in the January-March quarter, the government said on Friday, as better farm output and brisker construction activity helped offset weakening external demand emanating from the Middle East conflict.The print, the second in
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California to decide soon whether it will seek to block Paramount deal
June 5 : California Attorney General Rob Bonta will soon decide whether to sue to block Paramount’s $110 billion acquisition of Warner Bros, he told Reuters in an interview, adding that in general he views any corporate promises to address antitrust concerns as better when backed up by potential divestitures.
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England lead by 27 after Robinson’s five-wicket haul at Lord’s
LONDON, June 5 : England established a 27-run first-innings lead after New Zealand were bowled out for 113 in the first session of day two of the opening test at Lord’s on Friday.• New Zealand resumed on 61-6 after Ollie Robinson marked his return to England’s test side with a four-wicket haul on day one.
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Chwalinska’s childhood dream and discipline drive fairytale French Open run
PARIS, June 5 : Maja Chwalinska’s incredible run as the first qualifier to reach a French Open final in the professional era marks the fulfilment of an ambition the Polish 24-year-old has chased with relentless passion and discipline for over a decade.Chwalinska beat Diana Shnaider in Thursday’s semi-final an
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Belgian Trossard raring to get started at World Cup
BRUSSELS, June 5 : Fresh from Premier League title success, Arsenal’s Leandro Trossard now wants to play a significant role for Belgium at the World Cup.“I really can’t wait to get started,” he told a press conference on Friday, a day after belatedly joining up with his compatriots following last week�
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UK’s Raspberry Pi shares hit record as industrial demand boosts outlook
June 5 : Britain’s Raspberry Pi on Friday upgraded its full-year profit outlook, sending shares of the single-board computer maker to an all-time high.The Cambridge-based company said strong pricing and demand from industrial customers helped it weather soaring memory-chip costs, though its profitability per
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Wind from Milky Way’s supermassive black hole is finally discovered
WASHINGTON, June 5 : After five decades of trying, astronomers have finally discovered the wind emanating from the supermassive black hole at the center of our Milky Way galaxy, though it turns out it is more of a gentle breeze than a hurricane.Using data from the Chile-based ALMA telescope and NASA’s orbitin
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