Category: finance
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South Korea Central Bank Warns of Upside Inflation Risk Amid Weaker Won
South Korea’s central bank cautioned on Wednesday that headline inflation in 2026 could surpass earlier forecasts if the won remains weak against the U.S. dollar. The warning comes as the Bank of Korea (BOK) monitors currency volatility and potential spillover effects on domestic prices. Won’s Weakness Could Push Inflation Higher In its biannual inflation report,
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Sterling Slides as Falling Inflation Boosts Expectations of Bank of England Rate Cut
Sterling plunged to its largest one-day decline in weeks on Wednesday as investors bet heavily that the Bank of England (BoE) will cut interest rates on Thursday. The move followed official data showing British inflation fell sharply in November, intensifying expectations of an imminent easing cycle. UK Inflation Slows in November Consumer price inflation (CPI)
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South African Inflation Eases in November, Paving Way for Further Interest Rate Cuts in 2026
South Africa’s headline inflation slowed for the first time in three months in November 2025, raising expectations that the South African Reserve Bank (SARB) may implement additional interest rate cuts next year. The easing of inflation comes as the central bank adopts a new, lower 3% target, signaling continued monetary accommodation for the country’s economy.
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Japan’s Mizuho to Acquire Majority Stake in India’s Avendus from KKR for $523 Million
Mizuho Securities, part of Japan’s third-largest banking group Mizuho Financial Group, announced on Wednesday that it will acquire a majority stake in Indian investment bank Avendus from U.S. private equity firm KKR, in a deal valued at up to 81 billion yen ($523 million). The transaction will make Avendus a consolidated subsidiary of Mizuho, reflecting
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India’s Rupee Slumps Amid Prolonged U.S. Trade Impasse, Investors Stay Cautious
India’s rupee has emerged as one of the worst-performing currencies globally in 2025, sliding approximately 6% against the U.S. dollar amid widening trade tensions with Washington. The currency hit a record low of 91.075 per dollar, as punitive 50% U.S. tariffs, a growing trade deficit, and significant investment outflows weighed on the market. Trade Dispute
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British Banks Race to Adopt Agentic AI, Raising New Risks for Regulators
A growing race among British banks to implement agentic artificial intelligence (AI) in retail banking is creating new challenges for regulators, particularly around consumer protection, financial stability, and systemic risk. Agentic AI, which can make autonomous decisions and execute tasks without human intervention, is seen as the next frontier in financial technology. What is Agentic
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Blackstone Leads $400 Million Investment in Data-Security Startup Cyera at $9 Billion Valuation
Private equity giant Blackstone is reportedly leading a $400 million funding round in Cyera, an Israeli data-security startup, valuing the company at $9 billion, according to the Wall Street Journal. The deal highlights growing investor interest in AI-driven cybersecurity solutions amid rising digital threats. About Cyera and Its Growth Founded in 2021, Cyera has rapidly
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Amazon in Talks to Invest $10 Billion in OpenAI, Potentially Valuing AI Firm Over $500 Billion
Amazon.com Inc (AMZN) is reportedly in discussions to invest approximately $10 billion in OpenAI, the creator of ChatGPT, in a potential deal that could value the artificial intelligence company at more than $500 billion, according to a source familiar with the matter. The talks are described as “very fluid”, reflecting the early stage of negotiations.
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OpenAI, Google, Perplexity Battle for Indian AI Users with Freebies
OpenAI, Google, and Perplexity have launched an unprecedented fight for AI users in India, rolling out free subscription plans as part of a strategy to expand their user base and gather critical multilingual training data in the world’s second-most populous nation. India, with 730 million smartphones, is a prime target for tech companies. Mobile users
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Japan’s MUFG to Invest Over $4 Billion for 20% Stake in India’s Shriram Finance
Japan’s Mitsubishi UFJ Financial Group (MUFG) is poised to make a strategic investment of over $4 billion to acquire roughly a 20% stake in India’s leading non-bank financial company, Shriram Finance, according to sources familiar with the deal. The transaction is expected to be finalized on Friday, December 19, 2025. MUFG and Shriram Finance have
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