Chinas Nov new Yuan Loans seen Rising on Policy Support

BEIJING, Dec 8 Reuters China39;s new loans are expected to have jumped in November from the previous month and exceeded the yearearlier amount, a Reuters poll showed, as the central bank works to shore up confidence and demand across the world39;s secondlargest economy. Chinese banks are estimated to have issued 1.3 trillion yuan181.72 billion in […]
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World Food Prices Hold Steady in November FAO

LONDON, Dec 8 Reuters The United Nations food agency39;s world price index held steady in November, with lower international cereal prices offset by higher prices of vegetable oils. The Food and Agriculture Organization39;s FAO price index, which tracks the most globally traded food commodities, averaged 120.4 points in November, around October39;s levels which were the […]
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Toshiba, Rohm to Invest 2.7B to Jointly Produce Power Chips

TOKYO, Dec 8 Reuters Toshiba and Rohm said on Friday they would invest 388.3 billion yen 2.7 billion to jointly produce power chips, the first collaboration since Rohm39;s participation in a 14 billion buyout of Toshiba. The latest partnership is what the Japanese industry ministry has hoped for out of concerns that the country39;s power chip industry […]
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Alphabet Soars as Wall St Cheers Arrival of AI Model Gemini

Reuters Alphabet shares ended 5.3 higher on Thursday as Wall Street cheered the launch of Gemini, saying the new artificial intelligence model could help narrow the gap in a race with Microsoftbacked OpenAI. Long considered a leader in AI research, Alphabet lost the spotlight when OpenAI39;s ChatGPT swept the tech landscape upon its launch in November […]
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