Tag: fast
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Asian stocks skid as oil spike revives inflation fears, bonds take a hit
SYDNEY, July 24 : Asian shares fell on Friday as oil prices stormed back above $100 a barrel amid an intensifying conflict in the Gulf, rattling bond markets and reviving fears of a fresh inflation shock.Brent crude held at $100.85 a barrel, after surging 7 per cent overnight to a two-month high of $102 as…
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Athletic-Lyles, Richardson ease through opening 100m heats at US championships
NEW YORK, July 23 : Noah Lyles and Sha’Carri Richardson cruised into the men’s and women’s 100 metres semi-finals at the U.S. championships on Thursday, as the competition featured some heavy hitters at Icahn Stadium even in a quieter athletics season.The Olympic champion Lyles had no issues winning his heat
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Oil set for weekly rise amid Red Sea shipping attacks, Kazakhstan output cuts
BEIJING, July 24 : Oil headed for weekly gains on Friday, as Houthi attacks on tankers in the Red Sea sparked worries about the closure of a second shipping chokepoint, while Kazakhstan temporarily cut output after its main export route was forced to shut.Brent futures eased 72 cents, or 0.72 per cent, to $99
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British Open winner Fox looks forward to showing off Claret Jug, finding a steak pie in New Zealand
July 24 : Ryan Fox returned home to New Zealand on Friday eager to celebrate his British Open triumph with family and friends, tuck into a favourite local pie and, if weather permits, sneak in a round of golf. The newly crowned champion cut short the post-major whirlwind to fly home, saying it was important…
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Seoul advances increased cash rules for leveraged ETFs to July 31
SEOUL, July 24 : South Korea’s financial regulator said on Friday it is bringing forward the implementation of increased deposit requirement for retail investors to trade single-stock leveraged exchange-traded funds (ETFs) to July 31 to address market volatility. The Financial Services Commission said that re
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Japan’s Nikkei falls more than 2% on AI spending worries
TOKYO, July 24 : Japan’s Nikkei share average fell more than 2 per cent on Friday, as a sharp decline in Google parent Alphabet shares spurred concerns about heavy AI spending.The Nikkei was down 2.69 per cent at 64,634.04 as of 0112 GMT, while the broader Topix slipped 1.28 per cent to 4,002.09.The Ni
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Japan’s factory activity stays firm as output surges in July, PMI shows
TOKYO, July 24 : Japan’s manufacturing activity remained broadly firm in July with output rising at its fastest rate since February 2014, while uncertainty about the Middle East situation continued to weigh on firms, a business survey showed on Friday.• The S&P Global flash Japan Manufacturing Purchasing Ma
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Japan June core CPI rises 1.6% yr/yr
TOKYO, July 24 : Japan’s core consumer prices rose 1.6 per cent in June from a year earlier, government data showed on Friday.The core consumer price index, which includes oil products but excludes fresh food prices, compared with economists’ median estimate for a 1.6 per cent annual gain.Stripping awa
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Japan June core inflation accelerates, stays below BOJ target
TOKYO, July 24 : Japan’s core consumer prices rose 1.6 per cent in June from a year earlier, staying below the central bank’s 2 per cent target for a fifth straight month as fuel subsidies offset rising raw material costs stemming from the Middle East conflict.The rise in the core consumer price index (CPI),
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US warns against excessive yen volatility, calls for BOJ rate hikes
TOKYO, July 24 : The U.S. Treasury Department said yen weakness has persisted despite the narrowing of U.S.-Japan interest rate differentials, warning excess volatility in the currency was undesirable.The Treasury also called for further interest rate hikes by the Bank of Japan, warning that inflation has str
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