Japan: better data, false dawn?
Japan's core consumer prices rose 0.3 percent in April from a year earlier to mark a fourth straight month of increases. Could, though, these and other signals in the economy be a false dawn? David Pollard reports.
Japan's core consumer prices rose 0.3 percent in April from a year earlier to mark a fourth straight month of increases. Could, though, these and other signals in the economy be a false dawn? David Pollard reports.
China is widely expected to leave benchmark lending rates unchanged on Wednesday, a Reuters survey showed, as the central bank kept a key policy rate steady last week at a time when the broad economy is starting to show some signs of improvement. The loan prime rate (LPR) normally charged to banks' best clients is calculated each month after 20 designated commercial banks submit proposed rates to the People's Bank of China (PBOC). Most new and outstanding loans in the world's second-largest economy are based on the one-year LPR, which stands at 3.45%.
United States Secretary of State Antony Blinken will visit the Middle East this week, the U.S. State Department said on Tuesday, as Washington pushes for a ceasefire between Israel and Hamas in Gaza to allow the release of hostages kidnapped by the Palestinian militant group. Blinken will visit Saudi Arabia and Egypt and will meet with senior leaders in both countries, the State Department said. Providing more humanitarian aid into Gaza as well as discussing post-war planning for the enclave will be among the topics he will discuss with Saudi and Egyptian official.
Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the...
ABCDonald Trump’s beef with Jimmy Kimmel just keeps escalating.Ever since Kimmel used the Academy Awards stage to embarrass Trump in front of the world by reading the former president’s scathing review of Kimmel’s hosting skills, the former president has been desperate to spin the narrative and paint himself as the winner of this particular showdown. On Monday, Kimmel upped the ante once more by showing just how little Trump’s die-hard supporters know about the world around them.The late-night h
Supermarket workers are copping frequent 'abuse' and a workers union has accused the retailer of doing 'little' to protect staff.
Key Insights The projected fair value for LS Invest is €5.40 based on 2 Stage Free Cash Flow to Equity Current share...
“The Boy and the Heron,” the Oscar-winning animated feature film by iconic Japanese director Miyazaki Hayao, is finally to be given a release in cinemas in mainland China. The picture is scheduled to release in China on April 3, 2024, according to Alibaba Pictures. Tickets are already available on booking sites such as Maoyan and …
The West Coast Eagles coach has made the tough decision to drop veteran Andrew Gaff.
The RBA has kept interest rates on hold at its March meeting. So, when can borrowers expect rate relief?
The fervor around artificial intelligence has sparked a gold rush into AI-themed ETFs, as investors seek fresh ways to play the burgeoning technology following breathtaking rallies in market darlings such as Nvidia. All told, the universe of AI-themed ETFs traded in the United States has soared to $6.88 billion as of the end of February from $2.55 billion a year earlier, Morningstar data showed. "It's still so early in the evolution of this category ... that investors are still sorting through the possibilities," said Will Rhind, founder and CEO of GraniteShares.
Key Insights The projected fair value for Inspiration Healthcare Group is UK£0.24 based on 2 Stage Free Cash Flow to...
STORY: Nvidia unveiled a new, speedier AI chip on Monday that may help it extend its lead in artificial intelligence.“And so, ladies and gentlemen. I would like to introduce you to a very, very big GPU.” Chief Executive Jensen Huang unveiled the chip, called the ‘B200 Blackwell,’ at the company’s annual developer conference. It takes two squares of silicon each the size of the company's current must-have chip, the H100, and binds them together into a single piece. Nvidia said the B200 is 30 times speedier than its previous chip at tasks like serving up answers from chatbots.But Huang did not give specific details on price or how well it performs when training those chatbots, which has generally been Nvidia’s bread and butter. The company also said major customers including Amazon, Google, Microsoft and OpenAI are expected to use the new chip for their own AI offerings. Still, the news seemed to fail to provide new fuel for a rally which has seen Nvidia soar to become the third-most valuable company in the US over the past year -- and Nvidia stock dipped 1.4% during the keynote. What Nvidia announced Monday will help decide whether the company can maintain its 80% share of the market for AI chips.Many analysts expect Nvidia's market share to drop several points this year as new products from competitors come to market and Nvidia's largest customers make their own chips.
(Bloomberg) -- For Fadi Sajdia, a construction laborer from the West Bank city of Ramallah, the Muslim holy month of Ramadan should be a time of daily fasting and nightly feasting. But like 150,000 other Palestinians who worked in Israel until the Hamas massacre in southern Israel in October, he’s out of a job.Most Read from BloombergApple Is in Talks to Let Google Gemini Power iPhone AI FeaturesTrump Rules Out Vivek Ramaswamy as Running Mate as He Eyes New TeamMusk Says His Ketamine Prescriptio
As a study says veterans need better mental health care, bereaved families share their stories.
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The Bank of Japan scrapped the world's last negative interest rate by hiking for the first time since 2007. According to a statement, officials indicated that financial conditions will remain accommodative, suggesting this isn't the beginning of an aggressive tightening cycle of the sort seen in US and Europe in recent years. Stephen Engle reports from Tokyo on Bloomberg Television.
“Call of Duty: Warzone Mobile” debuts on Thursday. With 50 million-plus pre-registrations, the launch is a significant moment in Microsoft’s videogames strategy.
(Bloomberg) -- Central banks in Africa’s biggest economies are set to diverge from their emerging-market peers in Latin America and Europe over the next two weeks, as they maintain tight monetary policies to contend with persistent inflation.Most Read from BloombergApple Is in Talks to Let Google Gemini Power iPhone AI FeaturesTrump Rules Out Vivek Ramaswamy as Running Mate as He Eyes New TeamMusk Says His Ketamine Prescription Is in Investors’ Best InterestsNvidia Unveils Successor to Its All-C
(Bloomberg) -- Bulgaria’s finance chief said the government’s bid to join the euro is on course, but may be pushed off by a matter of months as it seeks to meet the criteria for adoption next year. Most Read from BloombergApple Is in Talks to Let Google Gemini Power iPhone AI FeaturesTrump Rules Out Vivek Ramaswamy as Running Mate as He Eyes New TeamMusk Says His Ketamine Prescription Is in Investors’ Best InterestsNvidia Unveils Successor to Its All-Conquering AI ProcessorPutin Warns Russia Won
Key Insights Institutions' substantial holdings in Lifestyle Communities implies that they have significant influence...