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19 March
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Bank of Japan ramps up bond purchases
The Bank of Japan increased the number of bonds it planned to buy during the day's operations on Wednesday, confirming its intention to defend its ultra-low interest rate policy amid a recent rise in yields, Reuters reports.
26 October 2022
Halliburton's profit doubled amid rising oil demand
Halliburton Co. is beating experts' profit estimates despite the tight oil market. The corporation's adjusted earnings per share reached 60 cents for the third quarter of 2022.
26 October 2022
The Bank of Japan plans to keep the interest rate at the same level
Haruhiko Kuroda, Governor of the Bank of Japan, appears determined to carry out his mission on inflation, ignoring market and political pressure.
26 October 2022
3M lowers its full-year forecast under the impact of a strong dollar
Anticipating a sharp blow from rising inflation, 3M is changing its own full-year revenue and profit forecast, expecting to get lower numbers than previously predicted. The reason for the change is also a significant drop in overseas earnings due to a stronger dollar.
26 October 2022
Bank of Canada set for another big rate hike
The Bank of Canada is expected to announce another interest rate hike by 75 basis points today, marking a 14-year high. High inflation outweighs a possible recession.
26 October 2022
Alphabet investors are worried about rising digital ad prices
On Tuesday, worries in the digital media sector were caused by disappointing ad sales at Alphabet Inc.
26 October 2022
Coca-Cola exceeded expectations and improved its predictions for the rest of the year
On Tuesday, Coca-Cola Co. raised its annual forecasts, adding to competitor PepsiCo Inc.
26 October 2022
Australian inflation has accelerated to a 32-year high
The consumer price index in Australia, which grew by 7.3%, reached the highest value since 1990. Over the past quarter, core inflation increased by 6.1%, also the highest since 2003.
26 October 2022
Walmart to raise up to $3 billion for Flipkart
Flipkart, a subsidiary of Walmart, is planning an expansion in India to successfully stand up to competitors. It will need about $3 billion to increase its product offerings.
26 October 2022
Dollar falls amid heightened expectations of less hawkish Fed policy
According to Reuters, the price of the dollar concerning basic currencies has fallen to a three-week low.
26 October 2022
