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Minutes of BoJ’s September 17–18 monetary policy meeting, released on November 5, revealed growing concern among policymakers about the risk of underlying inflation exceeding the 2% target, alongside disagreements over the appropriate pace of further Read more…
BMW has delivered another unwelcome surprise. On November 3, the German carmaker issued its second profit warning of the year, saying the core profit margin at its cars business is now seen between minus 0.5% Read more…
Japan’s private-sector expansion moderated in October, with PMI Composite declining from 52.3 to 52.1, its lowest level in five months, as slower manufacturing production outweighed a modest improvement in services activity. PMI Services rose from Read more…