Tag: fast
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Investors respond positively to Bank Indonesia’s surprise rate hike, with inflows up, official says
JAKARTA, June 12 : Indonesia’s central bank spokesperson said on Friday that foreign investors have responded positively to its rare off-cycle interest rate hike and an increase in bond yields, as reflected by a rise in foreign capital inflows this week.Bank Indonesia (BI) raised interest rate by 25 basis poi
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Japan captain Endo out of World Cup, ends international career
NASHVILLE: Japan captain Wataru Endo was ruled out of the World Cup with injury and announced his international retirement on Thursday (Jun 11), three days before his team’s opener against the Netherlands.The Liverpool midfielder pulled out of the tournament after failing to recover from a foot injury, and wa
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Oil extends losses as Trump calls off planned strikes on Iran
(Corrects paragraph 2 to say prices fell, not rose)June 12 : Oil prices fell on Friday, extending losses from the previous session after U.S. President Donald Trump canceled plans to strike Iran, reducing fears of an escalation of hostilities following tit-for-tat attacks earlier in the week.Brent fut
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Bank of Korea governor says interest rates to be raised ‘on time’
SEOUL, June 12 : South Korea’s central bank governor said on Friday it was necessary to raise interest rates “on time” as inflation was expected to exceed the target for a considerable period of time amid high oil prices triggered by the Middle East conflict. “Monetary policy often faces trade-offs between po
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Dollar steadies on ceasefire prospects, PPI eases pressure on Fed
HONG KONG, June 12 : The dollar found its footing in early trading on Friday, after sliding to its weakest in a week as traders parsed reports that a ceasefire deal in the Middle East could be imminent.Against the yen, the U.S. currency was up 0.1 per cent at 160.07 yen. The Australian dollar was…
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Fans in Vancouver shrug off high prices as personal journeys drive World Cup trips
VANCOUVER, June 11 : Fans arriving in Vancouver for the World Cup are braving steep ticket prices, but some are shrugging off the cost, drawn instead by personal journeys that extend beyond football – from honouring loved ones to sharing the tournament with family.The global showpiece event, co-hosted by the
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Woodside exercises pre-emptive right to buy PetroChina’s stake in Browse JV
June 12 : Woodside Energy said on Friday it had exercised its pre-emptive right to acquire PetroChina’s 10.67 per cent stake in the Browse gas fields off the coast of Western Australia, blocking a deal agreed with Japan’s Inpex.Under the terms of the transaction, Woodside will pay $225 million to PetroChina,
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United States prepare for tough World Cup opener against Paraguay in Los Angeles
LOS ANGELES, June 11 : United States coach Mauricio Pochettino said his side must be prepared for a very difficult World Cup opener against Paraguay on Friday, warning that the South Americans are dangerous opponents despite the hosts being favoured.The U.S. begin their World Cup campaign at Los Angeles Stadi
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Bank of Japan set to hike rates to 31-year high, drop hawkish signals
TOKYO, June 12 : The Bank of Japan is set to raise interest rates to a 31-year high next week and signal its readiness to keep pushing up borrowing costs, undeterred by the absence of its governor as it focuses on countering inflation risks from the Middle East war.The decision would align the BOJ with…
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Toronto cancels World Cup fan festival due to severe weather risk
TORONTO, June 11 : Fans attending the World Cup fan festival in Toronto were met with disappointment on Thursday after organisers cancelled the event due to poor weather, on the eve of Canada’s first game.”Out of an abundance of caution, the FIFA Fan Festival Toronto is being evacuated due to risk of lightnin
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