Tag: fast
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Vietnam’s central bank says inflation is higher than targeted but remains under control
HANOI, Oct 7 : The rise in annual inflation in September has put pressure on Vietnam’s monetary policy management for the rest of this year but prices remain under control, central bank deputy governor Pham Thanh Ha said on Wednesday. • Vietnam’s annual inflation in September was 5.08 per cent, compared wi
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South Korea launches ‘K-brand’ scheme to fight counterfeits
Under the new “K-Brand Government Certification System”, consumers will now be able to check whether a product is authentic by scanning a QR code attached to it with their mobile phone.
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Nomura Asset counting on Japanese market enthusiasm to expand global business
TOKYO, Oct 7 : The asset management arm of Nomura Holdings is capitalising on rising investor interest in Japanese assets to attract new customers and build out its global operations, its chief executive said.Strong Japanese equity performance coupled with bond yields rising to levels attractive to global inv
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Japan raids beer giants over alleged price cartel
Asahi Breweries, Kirin Brewery, Sapporo Breweries, and Suntory are under investigation over suspicions they colluded to hike beverage prices in a violation of anti-monopoly laws.
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Shares of Japan beer makers fall after raids over cartel suspicion
TOKYO, Oct 7 : Shares of major Japanese beer makers fell nearly 4 per cent on Wednesday after Japan’s Fair Trade Commission said it raided the country’s four major beer makers on suspicion of collusion in sales of beer and other products to wholesalers. The beer divisions of Kirin Holdings Co, Asahi Group H
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Dollar recoups losses as markets await Fed minutes, speakers
TOKYO, Oct 7 : The US dollar recouped some losses on Wednesday as eyes turned to the release of Federal Reserve minutes and speeches by its policymakers for signals on a potential rate hike.The euro gave back some of its gains in the prior session when French bonds rallied after the frontrunner in next sprin
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Bednarek backs India’s 2036 Games bid after embracing country’s culture
BENGALURU, Oct 7 : Kenny Bednarek knows his days as a sprinter will likely be long gone by the time the 2036 Olympics come around, but the American says he will definitely be watching from the stands if India is chosen to host the global sports showpiece in 10 years’ time.The 27-year-old, who won silver…
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Boston Dynamics appoints ex-Amazon executive Rohit Prasad as CEO
SEOUL, Oct 7 : Boston Dynamics, a humanoid robot maker owned by Hyundai Motor Group, said it had appointed Rohit Prasad as chief executive officer, effective October 7. • Prasad previously served as senior vice president and head scientist for Alexa and Artificial General Intelligence at Amazon.• P
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England have put World Cup disappointment behind them, says Tuchel
Oct 7 : England have moved on from their World Cup semi-final disappointment and taken an important step forward with their performances in the Nations League, manager Thomas Tuchel said.After suffering a 3-2 defeat by world champions Spain in their Nations League opener, England responded with home and away
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Blackstone-backed AirTrunk to invest $1 billion in Japan data centre campus
TOKYO, Oct 7 : Blackstone-backed AirTrunk said on Wednesday it was investing an additional $1 billion in its 300-plus-megawatt hyperscale data centre campus in the eastern Japanese city of Inzai to enable AI workloads.• Investment is for liquid-cooling technology deployment to enable AI workload•
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