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BOJ keeps Record-Low Rates Unchanged, Maintains Yield Curve Control

BOJ keeps Record-Low Rates Unchanged, Maintains Yield Curve Control

by Administrator_India | Jan 18, 2023 | BOJ, Economy News

The Bank of Japan (BOJ) kept its benchmark interest rates unchanged as expected on Wednesday, and also maintained its current rate of yield curve control, ducking market expectations for more hawkish signals. The Japanese yen plummeted after the move, dropping over 2%...
Dollar Weakens in Wake of CPI Release; Yen Climbs Ahead Of BOJ

Dollar Weakens in Wake of CPI Release; Yen Climbs Ahead Of BOJ

by Administrator_India | Jan 13, 2023 | Economy News

The U.S. dollar edged lower in early European trade Friday, continuing the previous session’s selloff after cooling U.S. inflation opened the way for the Federal Reserve to ease the pace of its interest rate hikes. At 03:05 ET (08:05 GMT), the US Dollar Index, which...
GM Wants U.S. Treasury to Reconsider tax Credits for Cadillac Lyriq EV

GM Wants U.S. Treasury to Reconsider tax Credits for Cadillac Lyriq EV

by Administrator_India | Jan 7, 2023 | Economy News

General Motors said Friday it wants the U.S. Treasury to reconsider classification of GM’s electric Cadillac Lyriq to allow it to qualify for federal tax credits. The Treasury and Internal Revenue Service did not classify the Lyriq as an SUV, meaning its retail...
South Korea Dec Factory Activity Weakens on Demand Slump, Trucker Strike – PMI

South Korea Dec Factory Activity Weakens on Demand Slump, Trucker Strike – PMI

by Administrator_India | Jan 2, 2023 | Economy News

South Korea’s factory activity shrank for a sixth consecutive month in December, a business survey showed on Monday, as the global economic downturn and a local truckers’ strike led to the worst slump in demand in 2-1/2 years. The S&P Global...

Foreign investors snap up Indian bonds set for inclusion in global indexes

by Administrator_India | Sep 14, 2022 | Economy News

Foreign investors have stepped up purchases in a clutch of Indian government bonds that have no limits on foreign investments ahead of an anticipated inclusion of Indian debt in global bond indexes, analysts said. The central bank removed foreign investment caps for a...
After India’s export ban and the conflict in Ukraine, global wheat prices have risen

After India’s export ban and the conflict in Ukraine, global wheat prices have risen

by Administrator_India | Jun 6, 2022 | Economy News

Wheat prices have risen on international markets following India’s announcement of a restriction on exports of the basic commodity, as well as lower production prospects in Ukraine following Russia’s invasion, according to the UN food agency. In May 2022,...
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