Tag: fast
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BOJ’s Himino signals readiness to raise borrowing costs
TOKYO, Oct 21 : Japan’s underlying inflation is quite close to the central bank’s 2 per cent target and financial conditions remain loose, Deputy Bank of Japan Governor Ryozo Himino said on Wednesday, signalling readiness to raise borrowing costs.While rising fuel and raw material costs are pushing up prices,
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Trump says companies should pay ‘dividend’ to communities to make data centers popular
Oct 21 : US President Donald Trump said if companies want to make data centers popular, they should pay the community or individuals within the community a “dividend”. “I have watched the process closely, and data centers that were highly unpopular in a certain area, have become extremely popular when a fina
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Oil rises on Middle East supply fears, US inventory drawdowns
BEIJING, Oct 21 : Oil prices gained over $1 on Wednesday as escalating Middle East tensions fuelled fears of supply disruptions, while falling US crude and product inventories lent support to the market.Brent crude futures rose $1.59, or 1.5 per cent, to $110.38 per barrel as of 0350 GMT. US West Texas Interm
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State Bank of India reports cyberattack involving nearly 3,900 customer records
Oct 21 : State Bank of India on Wednesday reported a cyberattack that resulted in the disclosure of 3,897 customer records containing personally identifiable information on the dark web.SBI said a preliminary analysis showed that the exposed information included customer names, mobile numbers, dates of birth,
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Bowler Shami not giving up hope of India return
Oct 21 : Mohammed Shami said he was determined to work his way back into the India team after the injury-plagued fast bowler was again left out of the squad for their multi-format tour of New Zealand.Shami has taken 462 international wickets in 197 matches across all three formats but last featured for India
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OpenAI says its AI agents weakened internal monitoring system
Oct 20 : OpenAI said on Tuesday that two of its AI agents weakened parts of an internal monitoring system designed to detect misbehavior, the latest case of AI agents acting in ways their developers did not intend them to.While the ChatGPT maker said the incidents happened during internal coding tasks and wer
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Australian AI data centre operator NextDC shares shed 44% on revenue delay
SYDNEY Oct 21 : Australian data centre operator NextDC shed nearly half of its market capitalisation on Wednesday after sharply cutting revenue forecasts for the year ahead and putting future developments on hold, extending the burst of negative sentiment towards global AI stocks.The company said delays to e
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India’s Jio IPO opens for public bids in record US$3.2 billion sale
Jio Platforms is home to India’s biggest telecom company with more than 500 million subscribers, making it the world’s second-largest telecom operator in a single country after China Mobile.
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Dollar on back foot as US yields, crude prices dip; Aussie buoyed by hawkish RBA
TOKYO, Oct 21 : The US dollar remained under pressure on Wednesday after slipping to a three-week low in the previous session, as a dip in Treasury yields and crude oil prices reduced the currency’s appeal.The Australian dollar hovered close to a three-week high against the greenback with Reserve Bank of Aust
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Musk says SpaceX-Tesla merger is ‘a good idea’ as companies form deal committees
Oct 20 : Elon Musk said on Tuesday that a merger of his two companies SpaceX and Tesla would be “a good idea” and that they had formed special committees to discuss a union, sending shares of the space and technology company up 8 per cent in extended trading.The company earlier posted its first profit…
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