Ex-BOJ chief Kuroda sees 3-4 more rate hikes to 1.5% in 2027, Asahi interview shows
TOKYO, March 27 (Reuters) - Former Bank of Japan Governor Haruhiko Kuroda told the Asahi newspaper that he saw "no problem" in the Japanese central bank raising the interest rate by 0.25% for 3-4 times from the current 0.75%, to reach "around ...
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Euro zone consumers cut inflation outlook before Iran war, ECB survey shows
FRANKFURT, March 27 (Reuters) - Euro zone consumers were reducing their inflation expectations in the run-up to the U.S.-Israeli war on Iran, before a surge in energy prices fundamentally changed the outlook, a European Central Bank survey showed o...
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Take Five: A quarter for the history books
March 27 (Reuters) - Global markets are coming to the end of a dizzying first quarter, dominated by geopolitics and now, war. U.S. President Donald Trump has given Tehran into April to reopen the critical Strait of Hormuz or face the destruction of its...
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European shares fell amid uncertainty over Mideast war
March 27 (Reuters) - European shares fell on Friday as investors remained wary about the outlook of the Middle East war that has stoked inflation risks and clouded global economic growth prospects. The pan-European STOXX 600 was down 0.2% at 579.71 p...
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China launches two probes into US trade practices
BEIJING, March 27 (Reuters) - China's commerce ministry has initiated two counter-probes into U.S. practices that hamper the flow of Chinese products into the United States, it said on Friday, refraining from immediate retaliation to U.S. measures an...
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VW's software partnership with Rivian clears investment hurdle
BERLIN, March 27 (Reuters) - Volkswagen's software partnership with Rivian, a cornerstone of CEO Oliver Blume's turnaround strategy for the German auto group, has passed a key milestone, bringing the U.S. partner closer to its next tranche of funding...
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Pernod-Ricard shares pare losses as market digests merger talks
March 27 (Reuters) - Shares in French spirits maker Pernod Ricard clawed back some losses on Friday after slumping in the previous session when it confirmed talks on a possible tie-up with Jack Daniel's owner Brown-Forman. At 0744 GMT, Pernod shares ...
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ECB should not rush to hike rates as baseline still holds, Patsalides says
FRANKFURT, March 27 (Reuters) - The European Central Bank should not rush to raise rates in response to surging energy costs, as its "baseline" outlook remains intact and there is no sign yet that inflation is becoming entrenched, Cypriot central bank ...
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Italy investigates Sephora and Benefit Cosmetics over marketing to children
March 27 (Reuters) - The Italian competition authority AGCM has launched two investigations into LVMH-owned Sephora and Benefit Cosmetics over possible unfair commercial practices linked to the marketing of products for adults to children and adolesc...
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Japan's ispace delays NASA-sponsored moon landing to 2030
By Kantaro Komiya TOKYO, March 27 (Reuters) - Japanese spacecraft startup ispace said on Friday it will further delay a U.S. government-sponsored lunar mission to 2030 and cut its global workforce, in a strategic shift after two failed lunar landings...
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