Tag: fast
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UK to regulate cloud service providers Microsoft, Google and others to protect financial stability
LONDON, July 10 : Britain on Friday designated cloud service providers Microsoft, Google, Amazon and Oracle as ‘critical third parties’, bringing them under direct regulatory oversight to protect the country’s financial system.”As banks, insurers and financial market infrastructures become increasingly relian
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SK Hynix’s marquee US debut to test AI appetite
July 10 : SK Hynix’s U.S. trading debut on Friday following a $26.5 billion share sale will be a key test of investors’ belief in the durability of the AI boom, coming after a recent pullback in semiconductor stocks.Chip stocks have lost some momentum in recent weeks after a stellar run, partly due to investo
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SoftBank, PayPay in talks to invest in Seven & i, Bloomberg reports
TOKYO, July 10 : SoftBank Corp and mobile payments operator PayPay are in talks to invest in retail giant Seven & i Holdings, Bloomberg News reported on Friday.The investment will likely total several hundred billion yen and Sumitomo Mitsui Card, a unit of Sumitomo Mitsui Financial Group, may also take a sta
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City sign goalkeeper Charles from Sheffield Wednesday
July 10 : Manchester City have signed Northern Ireland goalkeeper Pierce Charles from Sheffield Wednesday on a contract until 2031, the Premier League club said on Friday.The 20-year-old, who returns to City after previously spending time in the club’s academy before joining Sheffield Wednesday, will spend th
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Japan’s wholesale inflation spikes as fuel costs, weak yen bite
TOKYO, July 10 : Japan’s wholesale inflation accelerated in June at the fastest pace in more than three years and the government brushed aside market concern over political interference in monetary policy, bolstering the case for further interest rate hikes.The producer price index surged 7.1 per cent in June
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BOJ may raise growth forecast, maintain vigilance to inflation risk, sources say
TOKYO, July 10 : The Bank of Japan may revise up its economic growth forecast for fiscal 2026 and keep its focus on the risk of an inflation overshoot as rising costs from a weak yen and strong AI demand offset some of the declines in oil prices, said three sources familiar with its thinking.The…
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Hanwha Ocean sold around $2 billion in dollar-won forward market, source says
SEOUL, July 10 : South Korean shipbuilder Hanwha Ocean sold around $2 billion in the dollar-won forward market on Friday, a source familiar with the matter told Reuters. Hanwha Ocean was not immediately available to provide official comment. The source declined to be identified due to the sensitivity of the m
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Former TVB actress Cecilia Yiu announces acting comeback after 30 years
The 57-year-old actress, best known for the 1989 wuxia drama Ode To Gallantry, also addressed her past romance with Cantopop star Aaron Kwok.
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North Korea vows boost to nuclear buildup, military intelligence
SEOUL: North Korea will strengthen its nuclear force “both in quality and quantity” and expand the role of its military intelligence agency focused on South Korea, state media said Friday (Jul 10).Pyongyang is under widespread sanctions over its nuclear programme, and the two Koreas remain technically at war
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Olympic champion McKeown to miss Pan Pacs, Commonwealth Games due to illness
July 10 : Kaylee McKeown has withdrawn from this year’s Pan Pacific Championships and Commonwealth Games due to medical issues, saying she has struggled with fatigue, shortness of breath and a loss of appetite for several months.The 24-year-old Australian has won a record 10 individual backstroke titles acros
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