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ADNOC-backed AIQ secures deal to enter Indian energy markets

(Corrects to drop reference to G42 from paragraph 5 after clarification from the company that it does not generate revenue for AIQ)By Vallari SrivastavaDUBAI, Sept 30 : United Arab Emirates-based technology company AIQ has signed an…

CNA Economy Full text

Global stocks weather third-quarter AI, bond and crude maelstrom

LONDON, Sept 30 : Stock market investors might have been expected to run for the hills in the face of an extraordinary surge in global borrowing costs, currency interventions, wars, oil back above $100 a barrel and warnings that AI might…

Global stocks weather third-quarter AI, bond and crude maelstrom

CNA Economy Full text

France's Sekoia rolls out AI cybersecurity platform to its clients

Sept 30 : French cybersecurity firm Sekoia rolled out its cybersecurity AI agentic tool Elevate to its clients, following an early access program with around 2,000 customers, it said on Wednesday. Criminals are increasingly resorting to AI…

France's Sekoia rolls out AI cybersecurity platform to its clients

CNA Economy Full text

European payments groups join forces to challenge US dominance

MADRID/PARIS/MILAN, Sept 30 : European payment groups serving 130 million people, including Spain's Bizum, Italy's Bancomat and Brussels-based Wero, said on Wednesday they were joining forces to create a cross-border payments network as…

European payments groups join forces to challenge US dominance

CNA Economy Full text

European payments groups join forces to lessen US reliance

MADRID/PARIS/MILAN, Sept 30 : European payment groups serving 130 million people, including Spain's Bizum, Italy's Bancomat and Brussels-based Wero, said on Wednesday they were joining forces to create a cross-border payments network as…

European payments groups join forces to lessen US reliance

CNA Economy Full text

Dollar surges in September, leaving euro lagging

NEW YORK, Sept 30 : The dollar was flat against major currencies on Wednesday following a smaller-than-expected increase in US inflation, which reduced market bets on an interest rate hike from the Federal Reserve.The dollar has been…

Dollar surges in September, leaving euro lagging

CNA Economy Full text

Dollar set for big rise in September, mainly at euro's expense

Sept 30 : The dollar hovered near its highest level of the year against the euro on Wednesday and was on track for its biggest monthly gain versus the single currency in 14 months, buoyed by stronger US growth and rising interest-rate…

Dollar set for big rise in September, mainly at euro's expense

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BOJ's policy pivot opens scope for faster rate hikes

TOKYO, Sept 30 : The Bank of Japan expects interest rate increases to happen faster and more regularly in future as it pre-empts risks of an inflation overshoot, sources said, enhancing the importance of data due this week in gauging the…

BOJ's policy pivot opens scope for faster rate hikes

CNA Economy Full text

Most equities rise after oil price plunge, US data in focus

HONG KONG: Stocks mostly rose on Wednesday (Sep 30) following a plunge in oil prices the previous day, while investors prepared for the release of crucial US inflation data later in the day.Both main crude contracts tumbled on Tuesday on…

Most equities rise after oil price plunge, US data in focus

CNA Economy Full text

Thai August factory output rises 4.44% on year, beating forecast

BANGKOK, Sept 30 : Thailand's manufacturing production index rose 4.44 per cent in August from a year earlier, the industry ministry said on Wednesday, stronger than analysts' forecasts.• The August reading compared with a forecast…

Thai August factory output rises 4.44% on year, beating forecast

CNA Economy Full text

Apple Pay launches in India with Axis Bank partnership

Sept 30 : Apple Pay has launched in India through a partnership with Axis Bank, giving the payment service its first foothold in one of the world's largest digital payments markets, the lender said on Wednesday.Axis Bank, India's…

Apple Pay launches in India with Axis Bank partnership

CNA Economy Full text

Thai August factory output rises 4.44% y/y, beats forecast

BANGKOK, Sept 30 : Thailand's manufacturing production index rose 4.44 per cent in August from a year earlier, the industry ministry said on Wednesday, stronger than analysts' forecasts.• The August reading compared with a forecast…

Thai August factory output rises 4.44% y/y, beats forecast

CNA Economy Full text

Fed's Williams sees no urgency for next rate hike

Federal Reserve policymakers probably only need to deliver one more rate hike this year to get inflation back on track to the US central bank's 2 per cent goal, says New York Fed President John Williams.

Fed's Williams sees no urgency for next rate hike
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