Tag: fast
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Brazilian court ties player’s suspension to injured opponent’s recovery
July 29 : Internacional defender Victor Gabriel has been handed an unusual suspension after seriously injuring Cruzeiro forward Gabriel Pec, a Brazilian court said on Tuesday, with the ban lasting a maximum of six months or as long as it takes Pec to recover.During a Serie A match between the sides on July 22
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Nomura’s first-quarter profit jumps 39%, boosted by markets
TOKYO, July 29 : Nomura Holdings booked a 39 per cent rise in net income in the first quarter as its trading business benefitted from volatile markets and record high stock prices boosted wealth management fees, it said on Friday.Net income at Japan’s largest investment bank and brokerage rose to 145.6 billio
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Top South Korean policy makers apologise for single-stock leveraged ETFs
SEOUL, July 29 : Top South Korean policy makers apologised on Wednesday over the introduction of single-stock leveraged exchange-traded funds (ETFs), which have been blamed for intensifying a rout in the country’s stock market. Finance Minister Koo Yun-cheol said he was sorry for introducing the product witho
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StanChart lifts income target after wealth boom powers earnings beat; shares jump
HONG KONG/LONDON, July 29 : Standard Chartered reported on Wednesday a better-than-expected 9 per cent rise in first-half pretax profit and lifted its full-year income target, as wealth and global banking revenue surged and credit charges tied to the Iran war held steady.The bank’s Hong Kong-traded shares ros
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Kennedy hails golden age for Australia after smashing national 100m record
MELBOURNE, July 29 : Sprinter Lachlan Kennedy has hailed a new golden age in Australian athletics after he and Torrie Lewis broke 100m national records in clinching Commonwealth Games medals in Glasgow.Kennedy ran a personal best 9.85 seconds to beat Patrick Johnson’s mark of 9.93 set in 2003 to claim a silv
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StanChart first-half profit rises 9%, beating estimates on strong wealth growth
HONG KONG/LONDON, July 29 : Standard Chartered (StanChart) reported on Wednesday that first-half pretax profit rose 9 per cent, bolstered by surging wealth and global banking revenue, helping the emerging markets lender offset ongoing credit charges tied to the Iran war.StanChart, which earns most of its reve
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Hewitt’s son Cruz earns first ATP Tour win in Washington opener
July 28 : Former world number one Lleyton Hewitt’s son Cruz continued to impress in his breakout summer on Tuesday, earning his first ATP Tour-level win at the Washington Open at the age of 17 with a 6-3 6-4 victory over Marcos Giron.The first-round victory capped a remarkable month for the Australian youngst
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Gold holds steady ahead of Fed’s rate decision
July 29 : Gold prices were largely steady on Wednesday as investors awaited the U.S. Federal Reserve’s policy decision and comments from Fed Chairman Kevin Warsh for clues on inflation and interest rate outlooks.Spot gold was little changed at $4,029.08 per ounce by 0301 GMT. U.S. gold futures for August deli
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Meta’s Zuckerberg warns against curbs on Chinese AI models, FT reports
July 28 : The U.S. government should not block Chinese models to gain an edge in the AI race, Meta Platforms CEO Mark Zuckerberg told the Financial Times in an interview published on Tuesday, as Washington warns that Chinese companies could face penalties over the alleged theft of U.S. technology.Zuckerberg
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SK hynix posts 1,200% net profit boost on AI chip boom
SEOUL: South Korea’s SK hynix said on Wednesday (Jul 29) that second-quarter net profit soared a whopping 1,242 per cent year-on-year, driven by the artificial intelligence industry’s explosive demand for its advanced memory chips.SK hynix is a specialist supplier of high-bandwidth memory chips to US industry
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