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The weak yen is causing foreign investors to pull away from Japanese stocks, as dollar-based investors experience minimal gains despite the Nikkei 225’s 14% yearly increase. This is due to the yen’s sharp drop to a 34-year low against the US dollar, leading to a decrease in returns for non-domestic investors. The yen’s slide…

In a recent interview, Vivek Pandiya, the lead analyst at Adobe Digital Insights, discussed the evolution of consumer spending patterns in the face of inflation and economic uncertainty. While online spending continues to grow, consumers are becoming increasingly price-sensitive and are trading down rather than splurging on luxury items. Electronic goods remain the largest…

As stock futures remained relatively unchanged on Sunday, investors shifted their focus towards the upcoming release of April’s consumer price index (CPI) figures from the Bureau of Labor Statistics on Wednesday. Despite a series of unexpectedly high inflation readings in recent months, many are optimistic that the Federal Reserve will no longer consider raising…

Here’s a rewritten version of the article based on the latest information: (Bloomberg) — The cotton industry is currently experiencing a fierce competition between Louis Dreyfus Co. And Singapore-based Olam Agri Holdings Ltd. In their bid to acquire Australia’s largest cotton processor, Namoi Cotton Ltd. Olam launched a takeover proposal in late March, superseding…

Based on the given material, here’s my rewritten article: In a crowded field of tech giants, Oracle (NYSE: ORCL) is making significant strides in the intersection of cloud AI infrastructure. Although smaller competitors, Oracle’s operating results over the past few quarters indicate impressive growth. According to Statista, Oracle’s market share in cloud infrastructure is…

An unprecedented solar storm of G5 intensity, the strongest since 2003, has triggered stunning Northern Lights as far south as Alabama and Georgia. The Space Weather Prediction Center issued its first “severe” Geomagnetic Storm Watch since January 2005, describing it as the most potent since the Halloween event of 2003. LiveNOW host Austin Westfall…

Following a faster-than-expected increase in inflation, Chile’s central bank governor, Rosanna Costa, stated that inflation remains in line with the bank’s predictions. She highlighted that there are temporary price pressures affecting certain expenses, leading to a slight rise in the bank’s projected inflation rate for the year. However, she added that inflation is anticipated…

The increasing budget allocation for the Ministry of Defense and the military-industrial complex, which currently stands at 6.7% compared to the previous 3%, is significant, although it has not yet reached a critical point. This development is attributed to geopolitical circumstances, as the country approaches the state seen in the mid-80s, where 7.4% of…

According to the latest information provided, Warren Buffett sold a significant portion of Berkshire Hathaway’s Apple and Paramount Global investments in the first quarter of 2022. The reasons behind these sales include paying taxes on capital gains, learning more about how people value their leisure time, and potentially realizing that Paramount doesn’t have the…

The recent appointment of First Deputy Prime Minister Andrei Belousov as Minister of Defense in Russia is considered “very bad news” for Ukraine by Ukrainian economist Alexey Kushch. According to Kushch’s analysis, this move will lead to a significant increase in the pace of the Russian military-industrial complex and a rise in military production…