TOKYO, Dec 12 : Japan’s core inflation rate likely held well above the central bank’s 2 per cent target in November, a Reuters poll showed on Friday, although moderating food price hikes have taken some pressure off consumers ahead of an expected…
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From IOC to Moneyboxx, These Stocks Will Trigger Key Payouts and Splits Next Week
Next week, investors will see a flurry of corporate actions, with at least ten companies lined up for dividends, bonuses,…
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Analysis:Oracle-Broadcom one-two punch hits AI trade, but investor optimism persists
NEW YORK, Dec 12 : The red-hot trade backing artificial intelligence-related stocks has taken a bruising from back-to-back troubling updates from Oracle and Broadcom, reigniting concerns about frothy valuations and an AI bubble.
Still, investors…
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Exclusive-BOJ to pledge more rate hikes at next week’s policy meeting, sources say
TOKYO, Dec 12 : The Bank of Japan will likely maintain a pledge next week to keep raising interest rates, but stress the pace of further hikes will depend on how the economy reacts to each increase, said three sources familiar with its…
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Google faces $129 million French asset freeze after Russian ruling, documents show
PARIS/MOSCOW, Dec 12 – The administrator of Google’s defunct Russian business has obtained a temporary freeze on some 110 million euros ($129 million) of the Alphabet-owned company’s assets in France, official orders seen by Reuters show.
The move…
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Analysts flag risks for Strategy at Nasdaq 100 index reshuffle
(Refiles to say Nasdaq 100, not Nasdaq’s 100, in headline)
By Shashwat Chauhan
Dec 12 : Bitcoin hoarding giant Strategy may be at risk of being removed from the Nasdaq 100 index at its annual reshuffle on Friday, amid questions over its business…
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Oracle denies report on OpenAI data center delays
Dec 12 : Oracle denied on Friday a media report that it was delaying OpenAI-related data centers, following investor worries over its debt-fueled AI infrastructure buildout.
Bloomberg News had earlier in the day reported that Oracle had pushed…
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US dollar advances after recent fall; sterling dips after GDP data
NEW YORK, Dec 12 : The U.S. dollar rose against major currencies on Friday after falling in recent sessions, but was still on track for its third straight weekly drop amid the prospect of interest rate cuts by the Federal Reserve next…
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Conditions in Sudan’s besieged city of El-Fasher are beyond horrific, WFP warns
The World Food Programme (WFP) on Friday warned that conditions in Sudan’s besieged city of El-Fasher are “beyond horrific,” with between 70,000 and 100,000 people believed to remain trapped amid mass killings, starvation, and the collapse of…
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Over 15,000 Iraqi Girls Honored For Embracing Hijab in Najaf Ceremony
Why it matters:
For Shiite communities, particularly in Iraq and Iran, such ceremonies reinforce cultural and religious identity. They symbolize resistance to Western cultural pressures and highlight the role of women in…
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