TOPCMB

UK house price slump accelerates in March: Across the country

UK house price slump accelerates in March: Across the country

LONDON, March 31 (Reuters) – British house prices fell in March at the fastest annual rate since the financial crisis, mortgage lender Nationwide said on Friday. House prices fell 3.1% year-on-year, the biggest such drop since July 2009, Nationwide said. Compared to February of this year, prices were 0.8% lower. Economists polled by Reuters had …

UK house price slump accelerates in March: Across the country Read More »

Japan to restrict exports of chip-making equipment as it aligns with US restrictions on China

Japan to restrict exports of chip-making equipment as it aligns with US restrictions on China

TOKYO, March 31 (Reuters) – Japan said on Friday it will restrict exports of 23 types of semiconductor manufacturing equipment, aligning its technology trade controls with a U.S. push to curb China’s ability to manufacture advanced chips Japan, home to major global chip equipment makers such as Nikon Corp ( 7731.T ) and Tokyo Electron …

Japan to restrict exports of chip-making equipment as it aligns with US restrictions on China Read More »

Inflation in Japanese capital cools for 2nd month, stays above BOJ target

Inflation in Japanese capital cools for 2nd month, stays above BOJ target

Tokyo core CPI in March rises 3.2% yr vs f’cast +3.1% Slowdown largely due to government measures to reduce utility costs Tokyo core-core CPI up 3.4% yr in March Factory output rises 4.5% in February, further gains expected TOKYO, March 31 (Reuters) – Core consumer inflation in Japan’s capital Tokyo slowed in March for a …

Inflation in Japanese capital cools for 2nd month, stays above BOJ target Read More »

Egypt's Cenbank raises interest rates by 200 basis points to rein in inflation

Egypt’s Cenbank raises interest rates by 200 basis points to rein in inflation

March 30 (Reuters) – The Central Bank of Egypt (CBE) on Thursday raised overnight interest rates by 200 basis points (bps) following a meeting of its monetary policy committee ( MPC), saying it aimed to bring high inflation under control. The bank has set the lending rate at 19.25% and the deposit rate at 18.25%. …

Egypt’s Cenbank raises interest rates by 200 basis points to rein in inflation Read More »

Australia's February inflation slows to 8-month low, adding to case of rate pause

Brazil unveils new fiscal rules, allaying market fears over fiscal discipline

BRASILIA, March 30 (Reuters) – Brazil’s finance ministry on Thursday unveiled a proposal for new fiscal rules aimed at balancing spending growth limits with the government’s promise to boost social programs and public investment, reviving markets premises after months of uncertainty. The long-awaited proposal is key to allaying budget concerns after leftist President Luiz Inacio …

Brazil unveils new fiscal rules, allaying market fears over fiscal discipline Read More »

Morning Bid: Banking calm, firm rates, Alibaba steals the show

Alibaba will decide on control of the new business units after the IPOs

SHANGHAI/HONG KONG, March 30 (Reuters) – Alibaba Group ( 9988.HK ) said on Thursday it will look to monetize non-core assets and consider giving up control of some companies as the Chinese technology conglomerate reinvents itself after ‘a regulatory crackdown. which wiped out 70% of its shares. Group CEO Daniel Zhang said breaking the company …

Alibaba will decide on control of the new business units after the IPOs Read More »

Manchin threatens to sue US Treasury over electric vehicle tax credit rules

Manchin threatens to sue US Treasury over electric vehicle tax credit rules

WASHINGTON, March 29 (Reuters) – Senate Energy Committee Chairman Joe Manchin said on Wednesday he may go to court after the U.S. Treasury releases guidance later this week on the of battery supply for electric vehicle tax credits. “If it goes off the rails” and violates the intent of the climate legislation passed in August, …

Manchin threatens to sue US Treasury over electric vehicle tax credit rules Read More »

Synopsys brings AI to its chip design tools

Synopsys brings AI to its chip design tools

March 29 (Reuters) – Synopsys Inc (SNPS.O) on Wednesday rolled out new artificial intelligence tools designed to get better results faster at different stages of computer chip design. Synopsys makes software that companies use to design computer chips. Modern chips have tens of billions of tiny on-off switches called transistors, and their precise on-chip layout …

Synopsys brings AI to its chip design tools Read More »

Scroll to Top