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Taiwan Central b=Bank Likely to Announce Another mild Rate Hike: Reuters Poll
Taiwan’s central bank is expected to raise its policy rate again this week at the same mild pace as before, according to economists polled by Reuters, but as exports and inflation slow it may hold that rate steady next year to support the economy. The central bank is likely to lift the benchmark discount rate […]
Asia FX Sinks as Caution Over Fed, CPI inflation, Boosts Dollar
Most Asian currencies fell on Monday, while the dollar rose as markets hunkered down ahead of highly awaited signals on U.S. monetary policy from a Federal Reserve meeting and a reading on U.S. consumer inflation. Most regional units were also nursing losses from last week, amid growing concerns over a potential recession in 2023, which […]
What Are the Questions You Can Ask at Expo Dubai 2022-23
Talk And Discuss Your Options and Future Outlook with University Representatives from Around the World. Learn About the Various Programs Offered by Universities and How to Approach Any Program and Discipline. Another Great Way to Learn About a University Is to Attend an Education Expo or Presentation and Talk About Your Interests with Knowledgeable Representatives. […]
Walgreens Cuts Stake in AmerisourceBergen Through $1 Billion Share Sale
Walgreens Boots Alliance has sold some AmerisourceBergen (NYSE:ABC) Corp’s shares for proceeds of $1 billion, the U.S. drugstore chain said on Thursday, further cutting its ownership in the drug distributor, by 3% to about 17%. Walgreens, which will remain AmerisourceBergen’ largest shareholder, said it would use the proceeds to pay down debt and to fund […]
Japan Upgrades Q3 GDP as Global Recession, COVID Risks Linger
Japan’s economy, the world’s third-largest, shrank less than initially estimated in the third quarter, bolstering a view that it is slowly recovering from COVID-19 doldrums even as major export markets show further signs of weakening. Separate data showed the economy had recorded its first current account deficit in eight years in October, reflecting high import […]
Maharashtra CM Eknath Shinde Directs civic Body to Beautify Mumbai AheSad of G20 Meeting
Eknath Shinde asked Mumbai civic authorities to depute 5,000 “Swatchhta Doots” (cleanliness ambassadors) and undertake beautification of the city. Ahead of a G20 Council meeting in Mumbai, Maharashtra Chief Minister Eknath Shinde has asked the local civic body to launch a beautification drive in the city on a mission mode. Shinde asked Mumbai civic authorities […]
Oil Languishes Below $80 as Recession Fears Outweigh Tighter Supply
Oil hovered near a one-year low on Wednesday as increasing concerns over U.S. economic health and the Federal Reserve largely offset positive supply-side signals from a bigger-than-expected draw in crude inventories. A growing number of Wall Street banks warned of a potential recession in 2023, especially if interest rates keep rising and if inflation proves […]
Gold Slumps Below $1,800 as Fed Fears Resurface
Gold prices sank below key levels on Tuesday, with metal markets back under pressure as stronger-than-expected U.S. data boosted the dollar and ramped up uncertainty over strength in the U.S. economy and how the Federal Reserve will respond to it. The dollar rose for the first session in four on Monday, recovering from a five-month […]