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The US dollar gained against most major currencies after inflation data exceeded forecasts, fueling expectations of a rate hike next month.
We haven't written up this one. Ajel English has the full story — the link below goes straight to it.
Senior policymakers agreed it was prudent to raise rates to dampen upside inflation risks despite elevated uncertainty and the presence of economic slack, according to meeting minutes.
High relative to Bloomberg consensus , +0.4% vs. +0.3% m/m for headline, +0.3 vs. +0.2% for core: Figure 1: CPI (blue, left scale), Bloomberg consensus (light blue square, left log scale), core CPI…
Shopee profit hit a record while SeaMoney weighs a standalone listing.
Key PointsTake-Two reported lackluster results for the quarter.
A large and well-known retail pharmacy giant is planning to split into two companies as part of a new strategic direction.
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