Shri Navaratnam on Muck Rack

Shri Navaratnam

Verified
New Zealand, Western
As seen in: Reuters, MSN, MSN Australia, MSN Canada, MSN UK, Daily Mail, HuffPost, MSN India, The Daily Mirror, Yahoo Canada, Yahoo News and
Nowadays people know the price of everything and the value of nothing - Oscar Wilde. Never let hate imprison you. #Journalist, word slave @ Reuters
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Articles

Yen Rises as Japan Woos Pension Funds into Domestic Assets

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By Rae Wee Verified, Shri Navaratnam Verified
| GuruTrade
Yen jumps on prospect Japanese pension funds will invest more domestically Markets largely unfazed by renewed Middle East tensions for now U.S. dollar falls; New Zealand dollar gets rates boost SINGAPORE, July 10 (Reuters) - The yen bounced on Friday on news that Japan plans ​to encourage pension funds to increase their holdings of domestic financial assets, a move analysts said could offer greater ‌support to the battered currency than intervention.
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Japan Wholesale Inflation at 3-Year High on Weak Yen

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By Leika Kihara Verified, Jacqueline Wong, Shri Navaratnam Verified
| GuruTrade
June producer price index rises 7.1% yr/yr vs forecast +6.8% Yen-based import price index rises at fastest pace since 2022 Data back up BOJ report warning of faster pass-through of costs TOKYO, July 10 (Reuters) - Japan's wholesale inflation accelerated in June at ​the fastest pace in more than three years as firms aggressively passed on rising costs from the Middle East ‌conflict, data showed on Friday, bolstering the case for further interest rate hikes.
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India's June Services PMI Drops to 17-Month Low

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By Shri Navaratnam Verified
| GuruTrade
BENGALURU, July 3 (Reuters) - India's dominant services sector expanded at its slowest pace in 17 months in June as domestic demand weakened sharply ​and overall new business grew at its slowest rate in ‌over two-and-a-half years, according to a survey that also showed hiring nearly stalling.
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