News
Japan launches financial task force amid AI security fears
9+ hour, 32+ min ago (230+ words) TOKYO:" Japan will set up a task force to address cybersecurity risks in its financial "system following concerns about potential vulnerabilities linked to Anthropic's Mythos AI model, Finance Minister KATAYAMA Satsuki said on Friday. The decision was agreed at a…...
Bankruptcies due to labor shortages see sharp rise in 2025, report says
2+ week, 2+ day ago (27+ words) arabnews. jp - Bankruptcies due to labor shortages see sharp rise in 2025, report says Default Language / "...
Gold slips as Iran war, US jobs data lift dollar
2+ week, 3+ day ago (216+ words) arabnews. jp - Gold slips as Iran war, US jobs data lift dollar LONDON: Gold prices rose on Wednesday to their highest in nearly two weeks, supported by a weaker dollar following US President Donald Trump's statement that the war with…...
Global stocks rally as hopes grow for end to Iran conflict
3+ week, 1+ day ago (307+ words) RIYADH: Stocks climbed worldwide and oil prices eased as investors bet that the war with Iran could wind down soon. The S&P 500 rose 0. 6 percent on Wednesday, building on its biggest gain since last spring, while the Dow Jones Industrial…...
Japanese bond yields sink on new portfolio demand, Iran war optimism
3+ week, 2+ day ago (209+ words) TOKYO: Japanese government bond yields fell sharply on Wednesday as investors "scooped up bonds at the start of the new fiscal year, with sentiment aided by optimism for the de-escalation of the Middle East conflict. The five-year JGB yield fell…...
Global inflation to rise and US to suffer recession if war persists, analyst predicts
3+ week, 5+ day ago (490+ words) TOKYO: A prolonged war in the Middle East will see world GDP growth drop by nearly half, global inflation rise to 7. 7 percent and recessions in the United States and most advanced economies, according to a report by analyst Oxford Economics…...
Gold rises on softer dollar, on track for 4th weekly drop
3+ week, 6+ day ago (382+ words) BENGALURU: Gold rose 2 percent on Friday, buoyed by a weaker dollar and bargain hunting, but was on track for a fourth straight weekly decline as surging energy prices fueled inflation concerns and raised expectations of higher global interest rates. Spot…...
OECD: Iran war erases global growth upgrade, fans inflation
4+ week, 15+ hour ago (636+ words) PARIS: The escalating conflict in the Middle East has knocked the global economy off a stronger growth path, the Organization for Economic Cooperation and Development warned on Thursday, as a near-halt in energy shipments through the Strait of Hormuz threatens…...
Japan's cherry blossom picnics feel the pinch of global inflation
1+ mon, 12+ hour ago (301+ words) TOKYO: Global "inflation is taking a bite out of Japan's iconic "hanami" cherry blossom picnics, with an index tracking food and drink costs "up 25% since 2020, private think tank Dai-ichi Life Research Institute said on Tuesday. Around late March to early…...
BOJ set to hold rates steady as Middle East conflict muddles outlook
1+ mon, 5+ day ago (426+ words) TOKYO: The "Bank of Japan is expected to keep interest rates steady on Thursday, as it awaits more clarity on how the deepening Middle East conflict could affect the trajectory of an import-reliant economy that had already seen inflationary pressure…...