Swift Eyes Launch of New CBDC Platform in 1-2 Years
Kioxia's Banks Plan $14B Loan for Western Digital Merger - Report
Japanese Central Bank Rate Jolt Lowers Tokyo Shares Again
05:18 AM EST, 12/21/2022 (MT Newswires) -- The Nikkei 225 opened lower Wednesday and could not recover, finishing down 0.7% as traders continued to digest the Bank of Japan's surprise Tuesday decision
Sumitomo Mitsui Financial GAAP EPS of ¥383.10, Net Interest Income of ¥1533.17B
UN Report: The world is facing serious food shortages
Reference News Network July 27 Report According to the “Nihon Keizai Shimbun” July 25 report, climate change and the COVID-19 pandemic have caused serious food shortages around the world. According to UN statistics, 720 million to 810 million people worldwide were struggling with hunger in 2020, an increase of about 160 million compared to the previous year. Measures such as poor crop harvests and export restrictions have led to high food prices, and the number of hungry people is likely to increase further. The report said that the southern African island nation of Madagascar was hit by the worst drought in 40 years. According to statistics from the World Food Programme, about 1.14 million people are currently in short supply of food
Japan's construction giant's stock price plummeted due to rumors that Wonderful Boss banned employees from getting vaccinated
The stock price of Tama Home, one of Japan's biggest homebuilders, fell on Wednesday, so there were previous reports that the company's president threatened employees with punishment if they were vaccinated against COVID-19. The day before, there were reports that Shinya Tamaki, the president of this company listed on the first section of the Tokyo Stock Exchange, prohibited the company's employees from getting vaccinated. Violators would be left to work at home indefinitely. The period was counted as being absent from work without pay. He also claims that those vaccinated will die within 5 years. He also said that 5G signals will attract the coronavirus and increase the risk of infection. In order to prevent the epidemic, employees are prohibited from using 5G phones. The company's stock price once plummeted 12% on Wednesday, the same as last year
Retail sales in Australia fell 1.8% month-on-month in June
According to data released by the Australian Bureau of Statistics on Wednesday, retail sales in June fell 1.8% from May, the biggest drop since this year, as the pandemic lockdown and movement restrictions imposed in most parts of the country hit consumer demand. As COVID-19 cases continue to rise, this has cast a shadow over Australia's economic outlook for the third quarter. An ANZ economist wrote in a report: “We expect retail sales to fall again in July as Sydney's blockade intensifies, another round of Melbourne's lockdown begins, and South Australia also enters a lockdown.” “As the risk of a prolonged lockdown in Sydney increases, the recovery is weak
Apple's iPhone series released in 2022 will have only 5G models
Nikkei quoted an unnamed person familiar with the matter as reporting that Apple will not launch any new 4G phones in 2022, but will instead start selling a low-cost version of the iPhone SE that supports 5G. People familiar with the matter said that Apple will not launch an updated version of the iPhone Mini next year due to its failure to attract consumers before. According to the report, the low-cost iPhone will go on sale as early as the first half of 2022. People familiar with the matter said that the phone will be equipped with Apple's A15 processor, and Qualcomm's X60 modem chip will support 5G connections. Apple declined to comment.
According to the news, the world's largest miner BHP Billiton is considering quitting the oil and gas business
According to people familiar with the matter, BHP Billiton Group, the world's largest mining company, is considering selling its oil and gas business to speed up its exit from fossil fuels. This could be a deal worth tens of billions of dollars. According to the news, the company is evaluating its oil business and considering various options, including a sale. The business is expected to make a profit of more than 2 billion US dollars this year, and the sale price may exceed 15 billion US dollars. Previously, BHP Billiton's competitor Anglo American Resources Group withdrew from the thermal coal business under pressure from investors, and BHP Billiton is trying to follow suit. Although the company has long made the oil business one of its strategic pillars
The UK economy is about to open up, but the bulls of the pound did not dare to take it lightly
Original title: The UK economy is about to open up, but the bulls of the pound did not dare to take it lightly. The pound rose slightly against the US dollar on Monday (July 5). Despite the surge in COVID-19 cases, the British government is expected to announce plans to fully reopen the economy later this month. British Prime Minister Johnson will develop a last-step plan to ease the UK's COVID-19 lockdown on Monday, including guidelines on social distance, wearing a mask, and working from home. The government said the data shows that cases will continue to rise as restrictions are relaxed, but vaccination has reduced the link between infection and hospitalization and death. Last month, the final step of easing the vaccination lockdown was delayed
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