Tag: fast
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New US tariff, exemptions will provide growth stimulus for Indonesia, minister says
JAKARTA, June 5 : Indonesia’s chief economic minister said on Friday that an additional 10 per cent duty imposed by the United States on the country’s exports, along with the exemptions expected for some of its key products, could help to stimulate economic growth.The U.S. Trade Representative has proposed ta
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Shakira to perform at World Cup opening ceremony in Mexico
June 5 : Colombian singer Shakira will perform the official World Cup song “Dai Dai” at the opening ceremony in Mexico, FIFA said on Friday. Here are some details: • Shakira will be joined by Burna Boy on Thursday at Estadio Azteca in Mexico City.• The opening ceremony will begin 90 minutes
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LA28 to study Los Angeles World Cup matches as Olympic test case, CEO says
LOS ANGELES, June 4 : Los Angeles Olympic organizers will use the city’s 2026 World Cup matches as a key learning opportunity for transport, security and crowd movement as they prepare to stage the 2028 Games, LA28 chief executive Reynold Hoover told Reuters.The World Cup will bring eight matches to Los Angel
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Yen hits key 160 level for third session, dollar buoyed by Gulf woes
HONG KONG, June 5 : The Japanese yen is testing the 160 barrier on Friday, prompting pushback from Japanese officials, while the U.S. dollar is on track for a weekly gain as Gulf tensions fuel safe-haven flows.The yen weakened to the critical 160-per-dollar mark briefly in early trades, hitting the level for
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Philippine annual inflation slows to 6.8% in May
MANILA, June 5 : Philippine annual inflation stood at 6.8 per cent in May, below the previous month’s 7.2 per cent rate, driven mainly by slower increases in food and transport costs, the statistics agency said on Friday. • The consumer price index was below the 7.5 per cent median forecast in a Reuters po
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Australia collapse helps Pakistan to ODI series triumph in Lahore
June 5 : Pakistan tore through Australia’s middle and lower orders on their way to a four-wicket victory in the third and final one-day international in Lahore on Thursday, taking the series 2-1. * The tourists, who won the toss and elected to bat, made 157 in 42 overs with Pakistan reaching their modest vic
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Japan’s real wages extend gains, consumer spending decline slows in April
TOKYO, June 5 : Japan’s real wages climbed 1.9 per cent in April from a year earlier, government data showed on Friday, marking a fourth consecutive monthly gain, as higher special payments boosted overall earnings and improved household purchasing power.Here are a few details: • The Bank of Japan, w
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SpaceX blocked from early US benchmark index entry as S&P reaffirms existing rules
June 4 : S&P Global said on Thursday it was not changing the requirements for entry into its major indices, dealing a setback to Elon Musk’s SpaceX by effectively ruling out a swift entry for the world’s biggest-ever IPO into the benchmark S&P 500 index.Musk has rewritten the IPO playbook for SpaceX in man
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Japan renews warning of ‘decisive action’ versus weak yen
TOKYO, June 5 : Japan is ready to respond appropriately 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 hovered around the key 160-per-dollar.The remarks came as investors scrutinise for
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US officials eye government stakes in AI companies, NOTUS reports
June 4 : Senior U.S. officials held preliminary discussions with major AI companies about the potential for the government to buy some shares in their firms, digital news outlet NOTUS reported on Thursday, citing three people familiar with the matter.While the planning is ongoing and details are in flux, disc
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