Tag: fast
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Vietnam to move all Hanoi-listed stocks to Ho Chi Minh index in December under market overhaul
HANOI, Oct 1 : Vietnam will move all its listed stocks to the main Ho Chi Minh City Stock Exchange in late December, completing a long-planned market restructuring and ending equity trading on the Hanoi Stock Exchange. The announcement, made late on Wednesday, follows Vietnam’s upgrade by FTSE Russell to
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Nokia and Iceye to make low-orbit satellite systems for defence, security
OSLO, Oct 1 : Nokia and Iceye will develop satellite communications systems for governments and defence contractors, supporting missions from military and border security to emergency services and disaster response, the companies said on Thursday.The partnership will deliver secure, sovereign and high-perform
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South Korean shares end nearly 2% higher on record chip exports
SEOUL, Oct 1 : Round-up of South Korean financial markets:** South Korean shares recouped early losses to end nearly 2 per cent higher on Thursday, led by gains in chipmakers after domestic trade data smashed forecasts to hit a fresh record. ** The benchmark KOSPI closed 133.31 points, or 1.95 per cent
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Citi raises bitcoin, ether forecasts on strong crypto activity
Oct 1 : Citigroup raised its 12-month forecasts for bitcoin and ether, citing stronger crypto activity, a supportive macroeconomic backdrop and a resumption of ETF inflows.The brokerage increased its target for bitcoin to $113,000 from $82,000 and for ether to $3,028 from $2,240. • Citi said in a
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Malaysia Aviation Group signs deal to buy Airbus unit Sepang Aircraft Engineering
KUALA LUMPUR, Oct 1 : Malaysia Aviation Group, the parent of national carrier Malaysia Airlines, said on Thursday it has signed a sale and purchase agreement to acquire Airbus unit Sepang Aircraft Engineering.• The proposed acquisition will support MAG’s long-term business plan to strengthen its engineerin
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Alonso says 5-minute chat sealed F1 future beyond 46th birthday
SEPANG, Oct 1 : Fernando Alonso said extending his Aston Martin contract followed a five-minute conversation with team owner Lawrence Stroll, a deal that will see the two-time world champion continue racing past the age of 46.Alonso, who turned 45 in July, signed a new contract with Aston Martin in an unchang
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Alcaraz says five sets key to Grand Slam legacy, urges calendar reforms instead
Oct 1 : Carlos Alcaraz said Grand Slam tournaments should remain best-of-five sets as shortening men’s matches would damage the legacy of tennis’ four majors, as the world number three stressed the need for changes to the packed tour calendar instead.A growing debate about player workload, late finishes and t
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Australia’s Suncorp denies takeover talks with Tokio Marine; shares fall
Oct 1 : Suncorp said on Thursday it was not in discussions regarding a takeover and had not received an offer, following a media article linking the Australian insurer with Japan’s Tokio Marine. • In a response to a query from the Australian Securities Exchange, Suncorp said it had no undisclosed informatio
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Oil dips as recovering Gulf exports ease supply fears, US-Iran diplomacy in focus
NEW DELHI/TOKYO, Oct 1 : Oil prices fell 1 per cent on Thursday as recovering crude exports from the Gulf and a surprise rise in US inventories eased supply concerns, while investors weighed renewed US-Iran diplomatic efforts to end their conflict in the Middle East. Brent crude futures fell 1.1 per cent to $
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Denmark’s Pandora opens world’s largest jewellery factory in Vietnam
HO CHI MINH CITY, Oct 1 : Danish jewellery maker Pandora opened a $150 million factory in Ho Chi Minh City on Thursday, its largest manufacturing facility and its first production site outside Thailand as it bids to diversify its manufacturing footprint and bolster supply-chain resilience.The Vietnam factory
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