Tag: global
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BOJ chief vows to keep raising rates, anchor inflation around target
BANGKOK, Oct 16 : Bank of Japan Governor Kazuo Ueda said on Friday the central bank will focus on anchoring underlying inflation around its 2 per cent target and won’t tolerate any overshoot, stressing anew its resolve to continue raising interest rates.Ueda also said recent domestic data and discussions he h
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IMF chief urges cooperation on AI and war risks, as US hails economic momentum
BANGKOK, Oct 16 : The head of the IMF on Friday appealed to global leaders to cooperate in the face of multiple economic risks, including rapid advances in AI and a prolonged war in the Middle East, as Washington hailed what it sees as US-led economic momentum.Their contrasting views echoed throughout this ye
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Why Hanoi’s Train Street became a global travel obsession
A train, a narrow alley and a crowd with smartphones. This extraordinary attraction offers a rush few visitors forget. It’s turned a struggling area into one of Vietnam’s most photographed destinations.
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Global inflation debate puts BOJ rate-hike pace in spotlight
BANGKOK, Oct 16 : The Bank of Japan may face renewed pressure to increase the pace of interest rate hikes ahead of a key rate review this month, after global inflationary pressures from the Iran war and AI-driven demand shock dominated discussions at this week’s IMF meetings.BOJ Governor Kazuo Ueda will bring
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US Treasury pushes global partners to rename AI as ‘super intelligence’
BANGKOK, Oct 15 : The United States wants its global partners to rename artificial intelligence as “super intelligence,” convinced that the new moniker better reflects the emerging technology, a top US Treasury official told Reuters in an interview on Thursday.Treasury Undersecretary for International Affairs
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Why Trump’s Russia diesel deal is unlikely to lower global fuel prices
As the world’s largest diesel exporter, the US benefits from high prices. At home, however, consumers are feeling the strain of rising living costs. Why Donald Trump’s deal with Russia is unlikely to change that.
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Japan’s GPIF supporting global market liquidity, Mimura says
BANGKOK, Oct 14 : Japan’s top currency diplomat Atsushi Mimura said on Wednesday the investment activities of the country’s Government Pension Investment Fund (GPIF) are supporting the “function and liquidity” of global financial markets.Japan had responded quite early to the challenges of a rapidly ageing po
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Why this designer refuses to follow global trends
Tanzanian designer Karoli Magero believes great design starts with local identity. His furniture blends craft, sustainability and culture into a distinctly East African aesthetic.
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China’s plan to never run out of food
China has a huge population to feed but not enough farmland to do it on its own. Famines and food crises have toppled past rulers. That’s why Xi Jinping has a plan to grow food at home and secure imports from abroad.
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Nomura Asset counting on Japanese market enthusiasm to expand global business
TOKYO, Oct 7 : The asset management arm of Nomura Holdings is capitalising on rising investor interest in Japanese assets to attract new customers and build out its global operations, its chief executive said.Strong Japanese equity performance coupled with bond yields rising to levels attractive to global inv
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