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Blake Snell struck out nine over six shutout innings of one-hit ball for the Dodgers before relievers Alex Vesia and Roki Sasaki thwarted Philadelphia’s ninth-inning rally, sending Los Angeles to a 4-3 victory over the Phillies in Game 2 of their NL Division Series on Monday night.Shohei Ohtani delivered an RBI single for his first hit of the series in a four-run seventh, and the Dodgers took a 4-1 lead into the bottom of the ninth.Nick Castellanos slid headfirst into second base, barely eluding a tag, for a two-run double off Blake Treinen that at last sent the Philadelphia crowd…
TOKYO :The yen weakened to a two-month low against the dollar on Tuesday as attention in Japan turned to who may join the cabinet of fiscal dove Sanae Takaichi after her party leadership victory.The Japanese currency set a new all-time low against the euro as domestic bond yields jumped ahead of a debt auction that will test demand under what is expected to be a more expansionist administration led by Takaichi as prime minister.Takaichi was considered to be the most dovish among five candidates in Japan’s Liberal Democratic Party race on Saturday to replace hawkish Prime Minister Shigeru Ishiba.The yield on the…
[TOKYO] Japanese household spending rose at a faster speed than expected in August, helped by an increase in travel and transportation expenditure, government data showed on Tuesday.Consumer spending rose 2.3 per cent from a year earlier, rising for the fourth consecutive month, internal affairs ministry data showed. It was slightly better than the median market forecast for a 1.2 per cent rise.On a seasonally adjusted, month-on-month basis, spending edged up 0.6 per cent, versus an estimated 0.1 per cent rise.Consumption and wage trends are also among key factors the Bank of Japan is monitoring to determine the timing of the…
VinMetal will initially prioritise supplying materials for Vingroup’s ecosystem, such as Vinhomes real estate projects and VinFast EVs[HO CHI MINH CITY] Vingroup, Vietnam’s largest private conglomerate, has launched VinMetal Joint Stock Company for Manufacturing and Trading, marking its formal entry into the metallurgy industry with an initial investment of 10 trillion dong (S$490 million), according to its statement on Monday (Oct 6). A high-tech industrial steel production complex is planned in Vung Ang Economic Zone in the north-central coastal province of Ha Tinh, with an initial capacity of around five million tonnes a year in Phase 1.The company’s core product…
The South Korean company will start taking orders from public investors on Tuesday and is expected to be listed on local bourses on Oct 14 [MUMBAI] The sovereign wealth funds of Abu Dhabi, Norway and Singapore and global money managers, including BlackRock and Fidelity International, participated in the anchor share sale of LG Electronics’ Indian unit ahead of the start of the bidding period for its initial public offering (IPO).Investment bankers working on LG Electronics India’s US$1.3 billion IPO allocated 30.5 million shares to the anchors at 1,140 rupees each, the top of the marketed range, raising 34.7 billion rupees…
Philippine annual inflation at 1.7% in September
While the Hang Seng expands to mirror Hong Kong’s economy, the Straits Times Index narrows its focus, raising questions about the purpose of a national indexUSING an index to represent a large universe is widely accepted as a simple means of understanding how that universe behaves. The consumer price index, for example, places common goods and services that resident households commonly purchase, such as utilities, food and transport, into a basket. Then, as the value of the basket moves up or down, inflation is said to rise or fall.That much is straightforward. Yet, when it comes to constructing indices to represent…
With the approval, companies will be able to list on an exchange run by the US firm in the country[SYDNEY] Cboe Global Markets received regulatory approval to conduct stock listings in Australia, bringing it closer to challenging the nation’s embattled main exchange operator ASX.The country’s financial regulator signed off on a listing market application from Cboe’s Australian unit after a review, according to an Australian Securities & Investments Commission (Asic) statement on Tuesday (Oct 7). Asic’s decision will allow initial public offerings (IPOs) on Cboe Australia, threatening to end ASX’s local market domination. Chicago-based Cboe currently provides trading in ASX-listed…
GOLDMAN Sachs has opened a new office in Kuwait, it said on Monday, in a bid to expand its services to regional clients and deepen its footprint in the Middle East.The bank said it had been Kuwait’s strategic partner across investment banking, capital markets and asset management for more than 50 years.A Goldman Sachs–led professional training initiative aimed at developing local talent across KIA, the Public Institution for Social Security and the Kuwait Fund has been a key element of the partnership.“We look forward to deepening our longstanding partnership with Kuwait as we establish this office to grow our capabilities…
The AFC will take center stage to close NFL Week 5 as the Jaguars (3-1) and Chiefs (2-2) battle it out inside EverBank Stadium on Monday Night Football. The contest will be Patrick Mahomes and Trevor Lawrence’s fourth meeting and first since 2023. Both teams boast solid defenses that could decide the game, with the Jags ranking fourth (18 PPG) and Chiefs fifth (19 PPG) in points allowed, while the offenses rank middle of the pack in scoring—Chiefs at 24.3 PPG (15th), Jags at 24 PPG (16th). Will Mahomes’ Chiefs stay undefeated against Jacksonville? Or will Lawrence and Co. take…