Tag: higher
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Central bankers eye higher rates as AI boom fuels scramble for cash
BANGKOK, Oct 16 : The artificial intelligence boom is setting off a global race for money, forcing central bankers to contemplate a future in which interest rates stay higher and governments need to tighten their belts after an era of largesse.From silicon chips and data centres to power grids and telecoms ne
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US inflation rises more than expected ahead of midterm elections
The pace of price rises increased to 3.7% in the year to September, driving by higher motor fuel costs.
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IMF says higher bond yields underscore urgency of fiscal consolidation
BANGKOK, Oct 14 : The International Monetary Fund on Wednesday urged advanced economies and others to take urgent action to reduce government spending, cut deficits and reduce debt levels, warning that delays would only make the job harder in coming years.Rodrigo Valdes, head of the IMF’s Fiscal Affairs depar
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Oil eases, bringing some respite to stocks and battered bonds
LONDON, Oct 9 : World stocks edged up on Friday and oil prices slipped after US President Donald Trump said the US would not attack Iran before next month’s midterm elections, easing some near-term concerns about energy supplies. Investors remained cautious, however, as they weighed another wave of fundrai
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Stocks slip in Asia as oil and yields climb
SYDNEY, Sept 28 : Share markets were mostly lower on Monday as oil prices popped higher again amid doubts the United States and Iran will reach a truce anytime soon, keeping bonds under pressure ahead of a week packed with economic news.Over the weekend, US President Donald Trump rejected an Iranian proposal
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Stocks slip in Asia as oil climbs, bonds retreat
SYDNEY, Sept 28 : Share markets were mostly lower on Monday as oil prices popped higher again amid doubts the United States and Iran will reach a truce anytime soon, keeping bonds under pressure ahead of a week packed with economic news.Over the weekend, US President Donald Trump rejected an Iranian proposal
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Stocks cautious in Asia as oil gains, yields rise
SYDNEY, Sept 28 : Share markets made a cautious start on Monday as oil prices popped higher again amid doubts the United States and Iran will reach a truce anytime soon, keeping bonds under pressure ahead of a week packed with economic news.Over the weekend, US President Donald Trump rejected an Iranian propo
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Singapore’s core inflation rises to nearly two-year high of 2.2% in August
Consumers could face higher prices in the months ahead as energy costs remain elevated.
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US inflation holds steady as diesel prices pass $6 a gallon
Prices in the US rose 3.4% in the 12 months to August, according to the latest official figures.
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Are interest rates on their way up again?
As countries grapple with energy costs pushing up inflation, this month will see how central banks respond.
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