Bank of Japan hikes rates for first time since 2007
TOKYO: Japan’s central bank pulled the plug Tuesday on its ultra-aggressive monetary stimulus program, hiking rates for the first time since the global financial crisis.
TOKYO: Japan’s central bank pulled the plug Tuesday on its ultra-aggressive monetary stimulus program, hiking rates for the first time since the global financial crisis.
SAN JOSE, US: Nvidia on Monday unveiled its latest family of chips for powering artificial intelligence, as it seeks to consolidate its position as the major supplier to the AI frenzy.
KUWAIT: Burgan Bank, represented by Fadel Abdullah, Chief Executive Officer – Kuwait, recently took part in the Kuwait Women’s Economic Empowerment Platform’s (KWEEP) event, which was held at the Sheikh Jaber Al-Ahmad Cultural Centre (JACC).
SAN JOSE: Nvidia on Monday announced a major expansion of its collaboration with world-leading BYD and other Chinese electric car makers, including on the development of autonomous AI-boosted vehicles.
LONDON: The yen weakened and Tokyo stocks rose Tuesday after the Bank of Japan hiked interest rates for the first time in 17 years owing to elevated inflation.
TOKYO, March 19 (KUNA) -- Japan's central bank raised interest rates on Tuesday for the first time in 17 years, scrapping the negative interest rate policy as its 2 percent inflation goal is "in sight.
BEIJING: The performance of China’s economy in the first two months of 2024 was mixed, official figures showed Monday, with sluggish household consumption alongside increased industrial production reflecting an uneven recovery.
SEOUL: As a US campaign to sever TikTok from its Chinese parent heads to the Senate, analysts say Beijing’s response to a forced sale of the app—and its ‘secret sauce’ algorithm—will be clear: Hands off.
KUWAIT: As part of its Ramadan events and initiatives this year, Gulf Bank distributed Iftar meals to underprivileged people across Kuwait.
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