Tag: fast
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Csquare IPO raises $1.05 billion as investors bet on AI boom
July 16 : Data center provider Csquare said on Thursday it raised $1.05 billion in its U.S. initial public offering as investors continued to back companies expected to benefit from the artificial intelligence boom.The Dallas-based company sold 50 million shares at $21 apiece, below its marketed range of $23
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Japan finance minister: economic growth potential may warrant review of pension asset mix
TOKYO, July 16 : Japanese Finance Minister Satsuki Katayama said on Thursday that an increase in the economy’s growth potential stemming from a shift in government policy could warrant changes to the asset allocations of the nation’s state pension funds.The Government Pension Investment Fund (GPIF) “reviews i
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Syngenta’s $5 billion HK IPO pushed back amid agriculture sector uncertainty, Bloomberg News reports
July 16 : Swiss agricultural chemicals and seeds company Syngenta’s planned $5 billion Hong Kong IPO is facing delays as the company awaits better conditions in the sector, Bloomberg News reported on Thursday, citing people familiar with the matter.A listing in 2027 is now seen as the more likely timeline, ac
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Sonam Wangchuk: Calls grow for Indian activist to end hunger strike as health worsens
The environmental activist has been on a hunger strike for 19 days and has lost 9.1kg so far.
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World Cup’s ‘Chief Watchers’ savour tournament’s dream job
NEW YORK, July 15 : World Cup fanatics Kevin Akoto and Austin Franklin have lived the dream of any diehard football fan this year: watching every match from the tournament from start to finish – and getting paid for it. The “Chief World Cup Watchers” for U.S. broadcaster Fox One will add a unique item…
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Gotham v Spirit clash draws record New York crowd for women’s sports
NEW YORK, July 15 : Gotham FC welcomed back striker Sam Kerr and secured a 1-0 win over Washington Spirit in front of a record crowd for a women’s sporting event in New York City on Wednesday, as the women’s game kept the ball rolling in America’s summer of soccer. The league said more than…
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Hyundai Motor Group to make Boston Dynamics wholly owned with purchase of SoftBank stake
SEOUL, July 16 : Hyundai Motor Group said on Thursday it would make U.S. robotics company Boston Dynamics a wholly owned subsidiary by acquiring SoftBank Group’s stake of around 10 per cent — a move it said will help it deploy advanced robotics across its operations.Terms of the deal were not disclosed.
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BOJ may face pressure to ramp up bond-buying if yields spike, ex-central bank policymaker says
TOKYO, July 16 : The Bank of Japan may face political pressure to ramp up bond buying if the benchmark 10-year yield breaks above the key 3 per cent threshold and puts Premier Sanae Takaichi’s fiscal policy on the line, former central bank policymaker Seiji Adachi told Reuters.The stakes are high for the Taka
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Dollar near one-month low as cooling inflation curbs Fed hike bets
HONG KONG, July 16 : The U.S. dollar hovered near a one-month low on Thursday, as soft inflation data reinforced bets that the Federal Reserve can stay patient on interest rate hikes, while escalation in Middle East hostilities added upside risk to the inflation outlook.The greenback slipped against the Japan
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South Korea regulator to announce new measures on single-stock leveraged ETFs
SEOUL, July 16 : South Korea’s top financial regulator Financial Services Commission will announce new measures on single-stock leveraged ETFs soon, its chief said on Thursday. The regulator will “closely inspect and review improvement measures” on the ETFs soon, FSC Chairman Lee Eog-weon said in a radio inte
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