• Eyes on BoJ as unions announce big wage hikes

    TOKYO: Japan’s largest trade union said Friday it had secured the highest wage hikes since 1991 in preliminary data that stokes speculation the central bank will finally shift away from its outlier ultra-loose monetary policy.

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  • The Gen Z students are at the heart of Vietnam’s chip plans

    HANOI: Nguyen Phuong Linh is among a crop of young electronics students crucial to Vietnam’s ambitions to become a chips hub. She’s driven, smart and already has her sights set on a professorship — wanting to train a new generation that could help woo foreign investors eager to diversify semiconductor production away from China and Taiwan.

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  • Fitch affirms Kuwait at ‘AA-’; outlook stable

    KUWAIT: Fitch Ratings has affirmed Kuwait’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘AA-’ with a stable outlook.

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  • Vodafone sells Italian unit to Swisscom

    ZURICH: British telecoms giant Vodafone said Friday it has agreed to sell its Italian unit to Swisscom for eight billion euros ($8.7 billion) in a cash deal that was slammed by Switzerland’s main political party.

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  • Nissan and Honda seek partnership in electric vehicles

    TOKYO: Japanese arch-rivals Nissan and Honda said Friday they were exploring a strategic partnership in electric vehicles to face up to a “once-in-a-century” upheaval in the car industry.

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  • Fitch affirms Kuwait rating at AA - outlook stable

    KUWAIT, March 15 (KUNA) -- The Central Bank of Kuwait (CBK) said on Friday that Fitch Rating Agency affirmed on Kuwait's stable outlook, along with a rating of AA - which is "supported by its exceptionally strong fiscal and external balance sheets.

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  • Zain’s Iftar Hall welcomes worshippers daily at Grand Mosque

    Kuwait: Zain announced the launch of its annual Iftar initiative to serve fasting individuals during the Holy Month of Ramadan, which comes back in its 17th year, this time in strategic partnership with the Grand Mosque of Kuwait.

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  • NBK urges regular review of account activity or suspicious transactions

    KUWAIT: Pursuing its active role to promote financial awareness and inclusion among all segments of society, National Bank of Kuwait (NBK) continues to support the “Let’s Be Aware” campaign launched by the Central Bank of Kuwait, in collaboration with local banks and Kuwait Banking Association (KBA).

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  • Bosnia’s lithium discovery raises hopes and fears

    LOPARE, Bosnia and Herzegovina: In northeast Bosnia’s rolling hills, the local community is torn between fears of environmental ruin and hopes of riches from huge deposits of the critical minerals Europe needs for its green transition.

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