Yen fluctuates, exposed to political impacts
[ad_1] The yen hovered near a three-month low on Friday, set for a fourth consecutive weekly decline, as Japan prepares for a general election that could impact the Bank of…
Continue readingJapan and US Finance Chiefs Discuss Forex Moves in Bilateral Meeting, Official States
[ad_1] Japanese Finance Minister Katsunobu Kato and U.S. Treasury Secretary Janet Yellen held a bilateral meeting to discuss recent exchange-rate movements, emphasizing the importance of close communication between the two…
Continue readingCanada to reduce immigration levels to alleviate pressure on housing and social services
[ad_1] Canada has announced a plan to reduce the number of immigrants in response to a labor shortage following the pandemic. Prime Minister Justin Trudeau acknowledged that the country had…
Continue readingAmerican Airlines raises profit forecast on improved pricing and sales strategy adjustments
[ad_1] American Airlines has revised its annual profit forecast upwards due to stronger pricing power and a successful recovery from previous sales strategy errors that resulted in a loss of…
Continue readingKeurig Dr Pepper Agrees to $990 Million Deal for Ghost Energy Drink
[ad_1] Keurig Dr Pepper has announced its acquisition of a 60% stake in energy-drink maker Ghost for $990 million, with plans to buy the remaining stake by 2028. This move…
Continue readingEgypt’s Economy Expected to Expand as IMF Reforms Take Effect: Reuters Survey
[ad_1] Egypt’s economy is set to see a growth of 4.0% by the end of June 2025, as per a recent Reuters poll of 13 economists. This growth is expected…
Continue readingBoeing CEO Urges Turnaround as Losses Soar to $6 Billion
[ad_1] Boeing CEO Kelly Ortberg unveiled a strategic plan on Wednesday, emphasizing the need for a “fundamental culture change” at the struggling aircraft manufacturer as it reported quarterly losses of…
Continue readingTrump tariffs may cause U.S. interest rates to increase: IIF chief
[ad_1] Proposed extreme tariffs by U.S. presidential candidate Donald Trump could disrupt the trend of disinflation and potentially lead to an increase in Interest rates, as stated by Tim Adams,…
Continue readingBank of Canada Expected to Cut Benchmark Interest Rate by 50 bps
[ad_1] The Bank of Canada is expected to announce a 50 basis point cut to its key policy rate on Wednesday, responding to recent data on Inflation, growth, and unemployment…
Continue readingRussian Industry Concerned Over Impact of Central Bank’s High Interest Rates on New Investments
[ad_1] A growing number of Russian industrial companies and lobby groups are voicing concerns over high Interest rates, warning that infrastructure development goals could be at risk. The criticism is…
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