Tag: fast
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NTT Data in final talks to build Anthropic’s first data centre in Japan, Nikkei reports
TOKYO, Oct 13 : Japan’s NTT Data Group, a unit of telecommunications giant NTT, is in the final stages of talks to build a data centre in Osaka, western Japan, for US AI company Anthropic, the Nikkei business daily reported on Tuesday, citing multiple sources. • Construction costs could reach up to 1
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The Macallan takes your palate on a transatlantic voyage with its new Carta Nautica collection
The Macallan’s latest chapter pays tribute to the transatlantic journey of its bourbon and sherry-seasoned oak casks.
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IMF expects gradual BOJ rate hike towards neutral setting
Oct 13 : The International Monetary Fund said on Tuesday the Bank of Japan will likely raise interest rates gradually “toward a neutral setting” despite an expected slowdown in growth, aligning with other central banks facing inflationary pressures.”Growth in Japan is projected to slow to 0.7 per cent in 2026
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Games-Brisbane 2032 Olympics committee chief to step down at end of 2026
MELBOURNE, Oct 13 : Brisbane Olympics organising committee CEO Cindy Hook will step down in December at the end of her four-year contract rather than see the role through to the 2032 Games.Hook, a former CEO of Deloitte Asia Pacific, took the role in 2022. The committee said it would begin a global search fo
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IMF cuts Latin America, Caribbean growth forecasts on energy shock, little AI boost
NEW YORK, Oct 12 : The International Monetary Fund trimmed its growth forecasts for Latin America and the Caribbean for this year and next and said most of the region was getting little lift from the artificial intelligence boom that has helped other economies absorb the energy shock from the Middle East war.
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Oil ticks lower as Russia diesel supply prospects counter Gulf supply risks
Oct 12 : Oil prices edged lower on Tuesday after climbing by nearly $2 a barrel in the previous session, as traders assessed supply risks from attacks on Saudi Arabia while weighing the prospect of additional diesel supplies from Russia.Brent crude futures fell 61 cents, or 0.57 per cent, to $106.04 a barrel
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Japan’s Omron to buy US industrial PC firm Onlogic for $675 million in physical AI push
TOKYO, Oct 13 : Japanese manufacturer Omron will buy US industrial PC firm Onlogic and its parent company, Interlogic, for $675 million, the company said on Tuesday.The acquisition is intended to develop Omron’s physical artificial intelligence services within its industrial automation business, the company s
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Tencent markets US dollar and dim sum bonds in four tranches
HONG KONG, Oct 13 : Tencent Holdings is marketing US dollar bonds due in 10 and 20 years and offshore Chinese yuan, or dim sum bonds, due in 10 and 30 years, according to the term sheets, as the Chinese technology giant seeks funding in two currencies.Tencent set initial guidance for the 10-year dollar notes
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NYT, Economist among publishers joining coalition to curb unpaid AI use
Oct 12 : The New York Times, Agence France-Presse and The Economist on Monday joined more than 40 publishers in a coalition aimed at preventing AI firms from using or profiting from their content without permission.The Standards for Publisher Usage Rights (SPUR) coalition, launched in February, now has more t
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Japan’s wholesale inflation remains elevated, keeps alive BOJ rate-hike view
TOKYO, Oct 13 : Japan’s wholesale prices rose 6.8 per cent in the year to September as companies passed on fuel and chemical costs, according to data released on Tuesday, highlighting mounting inflationary pressure that keeps alive market expectations of a near-term interest rate hike.The data will be among t
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