By Wayne Cole and Stella Qiu SYDNEY (Reuters) -Australia’s central bank held interest rates steady on Tuesday and watered down its tightening bias, signalling greater confidence that inflation i[...]
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March 19, 2024
Nvidia unveils flagship AI chip, the B200, aiming to extend dominance
By Max A. Cherney and Stephen Nellis SAN JOSE, California (Reuters) – Nvidia Chief Executive Jensen Huang on Monday kicked off his company’s annual developer conference with a slew of anno[...]
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Morning Bid: Bank of Japan goes big
A look at the day ahead in European and global markets from Ankur Banerjee In a well-telegraphed move, the Bank of Japan delivered what investors had been waiting for – ending its negative inter[...]
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China seen leaving benchmark lending rates unchanged in March
SHANGHAI/SINGAPORE (Reuters) – China is widely expected to leave benchmark lending rates unchanged on Wednesday, a Reuters survey showed, as the central bank kept a key policy rate steady last w[...]
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Analysis-Nvidia’s dizzying rally spurs rush into AI-themed ETFs
By Suzanne McGee (Reuters) – The fervor around artificial intelligence has sparked a gold rush into AI-themed ETFs, as investors seek fresh ways to play the burgeoning technology following breat[...]
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Australia’s Boral urges shareholders to reject Seven Group’s $1.3 billion offer
By Scott Murdoch and Roushni Nair (Reuters) -Australia’s Boral on Tuesday recommended investors reject its largest shareholder Seven Group Holdings’ A$1.9 billion ($1.25 billion) offer for[...]
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BOJ ends negative rate policy
TOKYO (Reuters) – The Bank of Japan (BOJ) on Tuesday decided to end its negative interest rate policy, marking a landmark shift away from its huge stimulus programme. It was Japan’s first[...]
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Nvidia supplier SK Hynix begins mass production of next generation memory chip
SEOUL (Reuters) – SK Hynix Inc said on Tuesday it has begun mass production of next-generation high-bandwidth memory (HBM) chips used in artificial intelligence chipsets, with sources saying ini[...]
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BOJ Governor Ueda proposes ending negative rates as board chair – NHK
TOKYO (Reuters) – Bank of Japan Governor Kazuo Ueda has proposed ending negative rates as chair of the policy-setting board, which is meeting on Tuesday to wrap up a two-day meeting, public broa[...]
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