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Proxy adviser calls for Australia's ASX shareholders to reject pay report

SYDNEY, Oct 1 : Influential proxy adviser Institutional Shareholder Services has urged Australian Securities Exchange investors to vote against its pay plans, saying executive bonuses were "misaligned" with its recent performance.ISS said…

Proxy adviser calls for Australia's ASX shareholders to reject pay report

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Japan PM vows to underpin yen by boosting economic competitiveness

TOKYO, Oct 1 : Japanese Prime Minister Sanae Takaichi said the administration's efforts to boost the country's economic competitiveness will help ensure market confidence in the yen, according to a recorded interview aired by Nippon…

Japan PM vows to underpin yen by boosting economic competitiveness

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BOJ debated faster rate hikes in September, government pushed back

TOKYO: Some Bank of Japan policymakers saw the need to accelerate the pace of interest rate rises or bring them closer to the central bank's "goal" soon, a summary of opinions at its September meeting showed, heightening the chance of more…

BOJ debated faster rate hikes in September, government pushed back

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Citi raises bitcoin, ether forecasts on strong crypto activity

Oct 1 : Citigroup raised its 12-month forecasts for bitcoin and ether, citing stronger crypto activity, a supportive macroeconomic backdrop and a resumption of ETF inflows.The brokerage increased its target for bitcoin to $113,000 from…

Citi raises bitcoin, ether forecasts on strong crypto activity

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South Korean shares end nearly 2% higher on record chip exports

SEOUL, Oct 1 : Round-up of South Korean financial markets:** South Korean shares recouped early losses to end nearly 2 per cent higher on Thursday, led by gains in chipmakers after domestic trade data smashed forecasts to hit a fresh…

South Korean shares end nearly 2% higher on record chip exports

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Nokia and Iceye to make low-orbit satellite systems for defence, security

OSLO, Oct 1 : Nokia and Iceye will develop satellite communications systems for governments and defence contractors, supporting missions from military and border security to emergency services and disaster response, the companies said on…

Nokia and Iceye to make low-orbit satellite systems for defence, security

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JERA teams up with Dell, RHAELM on AI infrastructure development in Japan

TOKYO, Oct 1 : Japan's biggest power generator JERA will partner with Dell Technologies and UK-based AI infrastructure developer RHAELM to accelerate the development of AI infrastructure in Japan, the three companies said on Thursday.They…

JERA teams up with Dell, RHAELM on AI infrastructure development in Japan

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Australia's Suncorp denies takeover talks with Tokio Marine; shares fall

Oct 1 : Suncorp said on Thursday it was not in discussions regarding a takeover and had not received an offer, following a media article linking the Australian insurer with Japan's Tokio Marine. • In a response to a query from the…

Australia's Suncorp denies takeover talks with Tokio Marine; shares fall

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Denmark's Pandora opens world's largest jewellery factory in Vietnam

HO CHI MINH CITY, Oct 1 : Danish jewellery maker Pandora opened a $150 million factory in Ho Chi Minh City on Thursday, its largest manufacturing facility and its first production site outside Thailand as it bids to diversify its…

Denmark's Pandora opens world's largest jewellery factory in Vietnam

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Vietnam extends fuel tax relief measures until end-2026

HANOI, Oct 1 : Vietnam is extending a package of fuel-tax relief measures to the end of 2026, after having introduced them earlier this year to help stabilise the domestic market amid supply concerns due to war in the Middle East.•…

Vietnam extends fuel tax relief measures until end-2026

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AI agents tried to hack a Canadian government website, research firm says

Sept 30 : AI agents tried to hack into a Canadian government website, an AI research firm said on Wednesday.The agents attempted to access Library and Archives Canada on May 8 and on June 9, AI research firm Transluce said in a blog…

AI agents tried to hack a Canadian government website, research firm says

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Japan September factory growth slows to 6-month low, PMI shows

TOKYO, Oct 1 : Japan's manufacturing sector expanded at its weakest pace in six months in September as output and new order growth slowed, a business survey showed on Thursday.• The S&P Global Japan Manufacturing Purchasing Managers' Index…

Japan September factory growth slows to 6-month low, PMI shows

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South Korea ordered to pay Elliott $48.49 million in Samsung merger case

SEOUL, Oct 1 : South Korea has been ordered to pay US hedge fund Elliott about $48.49 million plus interest after a tribunal ruled the government's involvement in the 2015 merger of Samsung C&T and Cheil Industries was causally linked to…

South Korea ordered to pay Elliott $48.49 million in Samsung merger case

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South Korea September exports rise 83.5% y/y to monthly record

SEOUL, Oct 1 : South Korea's exports jumped 83.5 per cent in September from a year earlier to post a record monthly high, customs data showed on Thursday. Semiconductor shipments, fuelled by global spending on artificial intelligence, also…

South Korea September exports rise 83.5% y/y to monthly record

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Japan's patchy business mood takes pressure off BOJ for immediate hike

TOKYO, Oct 1 : Japanese manufacturers' confidence hit an eight-year high over July-September but non-manufacturers' mood soured, a central bank survey showed, painting a mixed picture of the economy that may soften the chance of a…

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