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Daily Economic News

Welcome to FPG's Daily Economic News section, where we provide you with the latest updates and insights on the global economy. From the stock markets to trade policies, from inflation rates to interest rates, we cover it all.

Japan Inflation Above Expectations

Japan Inflation Above Expectations

Japan Inflation Above Expectations. Japan’s core inflation slows for the third month in a row. However, the January 2024 figure exceeded estimates and was within the central bank’s target of 2%, keeping expectations of negative interest rates

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Coal and CPO Strengthen in a Week

Coal and CPO Strengthen in a Week

Coal and CPO Strengthen in a Week, Coal commodity prices have strengthened in the week amid India’s plans to increase train carriages to transport coal. The price of crude palm oil (CPO) also turned green this week

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Factory Activity in Japan is Getting Worse

Factory Activity in Japan is Getting Worse

Factory Activity in Japan is Getting Worse. Factory activity in Japan is increasingly in poor condition and service sector growth will slow down in February 2024. Moreover, the Japanese economy has just entered the brink of recession.

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Jeff Bezos finalizes Amazon

Jeff Bezos finalizes Amazon stock sale plan

Jeff Bezos finalizes Amazon stock sale plan. Jeff Bezos sells 14 million shares of Amazon.com Inc. worth around US$2.4 billion, while completing plans to sell up to 50 million shares in just nine trading days. According to

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Malaysian Ringgit Hits Lowest

Malaysian Ringgit Hits Lowest Level Since 1998

Malaysian Ringgit Hits Lowest Level Since 1998. Malaysia’s ringgit currency has continued its decline to its lowest level since the 1998 Asian financial crisis as China’s sluggish economy weighs on the neighboring country. The ringgit currency slipped

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Apple risks being fined in the EU

Apple risks being fined in the EU

Apple risks being fined in the EU. Apple Inc. risks paying a fine worth 500 million euros in the European Union following a regulator investigation into alleged monopoly on the App Store. The fine is Apple’s first

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