Tag: fast
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De la Fuente pleased with injury-free friendly as Spain turn focus to US
June 5 : Coach Luis de la Fuente was happy Spain came through their final home friendly without injuries and used the opportunity to hand debuts to several youngsters, but said the intensity would step up a notch once they arrived in North America for the World Cup.Spain, one of the favourites to lift the…
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Thai consumer watchdog to file civil suit against Volvo Cars’ Thai unit, official says
BANGKOK, June 5 : Thailand’s consumer watchdog has approved the filing of a civil lawsuit against the local unit of Volvo Cars and its repair and maintenance unit, Scandinavian Auto Co. Ltd, over battery-related fires in its EX30 model, Pradoemchai Bunchualuai, an adviser to the minister who chairs the watchdog, tol
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India holds rates, ramps up measures to support faltering rupee
MUMBAI: The Reserve Bank of India held its policy rate steady on Friday (Jun 5) and unveiled steps to pull in dollars, seeking to shore up an embattled rupee as the economy grapples with costly oil and foreign outflows.The measures include scrapping capital gains tax for foreign holders of government bonds, s
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Iran beat Mali in last World Cup warm-up before heading to Tijuana
(Corrects to ‘beat’ from ‘beats’ in headline)ANTALYA, Turkey, June 5 : Iran will head off to their World Cup base this weekend with a spring in their step after beating Mali 2-0 in a friendly in Turkey on Thursday, even if some uncertainty still clouds their participation in the tournament. Goals fro
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Indian central bank keeps key policy rate on hold, despite falling currency
MUMBAI, June 5 : The Reserve Bank of India on Friday kept its policy repo rate unchanged at 5.25 per cent, opting to look past rupee weakness and assess the fallout from rising global energy costs on inflation and growth.Nearly 80 per cent of 56 economists polled by Reuters expected the RBI’s monetary policy
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South Korean riot police clear protesters after ballot shortage blockade
More than 1,000 demonstrators had gathered outside a Seoul polling station on Thursday to block ballot boxes from being removed.
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Switch in talks to raise funds at $50 billion-plus valuation, The Information reports
June 4 : Data center developer Switch is in talks to raise billions of dollars at a valuation of at least $50 billion, The Information reported on Thursday, citing people with knowledge of the deal. Here are some details: • Brookfield Asset Management, KKR and other private equity and institution
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Mexico thump Serbia 5-1 to complete World Cup preparations
TOLUCA, Mexico, June 4 : Mexico came from behind to beat Serbia 5-1 in their final World Cup warm-up match on Thursday, gaining momentum a week before opening the tournament on home soil.Serbia struck first in the 19th minute when Petar Stanic capitalised on a defensive lapse and a fortunate deflection before
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Japan warns of ‘decisive action’ to defend yen as FX reserves tumble
TOKYO, June 5 : Japan is ready to respond at any time on foreign exchange and reserves the right to take “decisive action” against excessive volatility, Finance Minister Satsuki Katayama said on Friday as the yen teetered near the key 160-per-dollar threshold.The remarks came as investors scrutinised official
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Japan proposes rebuilding ageing nuclear plants to meet power demand
TOKYO, June 5 : Japan needs to rebuild between two and five ageing nuclear reactors by the 2040s and as many as 11 to 14 by the 2050s to secure stable power supply, the Ministry of Economy, Trade and Industry said in a policy proposal on Friday.The proposal, outlined at a meeting on nuclear policy,…
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