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Bank of Japan to reduce government bond buying

Bank of Japan to reduce government bond buying

The central bank decided to outline its plan to reduce buying for the next 1-2 years in its July meeting

U.S. producer prices decline 0.2 percent in May

U.S. producer prices decline 0.2 percent in May

Data reveals 4.8 percent decline in energy index and 0.1 percent decline in food prices

South Korea’s hydrogen-powered FCEV exports plunge 74.2 percent in first five months of 2024

South Korea’s hydrogen-powered FCEV exports plunge 74.2 percent in first five months of 2024

Last month, the country's exports of hydrogen-powered FCEVs dropped to zero

World Bank launches $200 million bond to fund Amazon reforestation efforts in Brazil

World Bank launches $200 million bond to fund Amazon reforestation efforts in Brazil

The principal-protected bond will provide financing for reforestation initiatives selected by the Brazilian startup Mombak

China pledges $20 million to UNCTAD to boost sustainable development efforts

China pledges $20 million to UNCTAD to boost sustainable development efforts

The contribution is aimed at supporting the implementation of the UN's 2030 Agenda for Sustainable Development

Brazil to be 8th largest economy as it gears up to host COP30 climate conference in 2025, says President

Brazil to be 8th largest economy as it gears up to host COP30 climate conference in 2025, says President

The Brazilian leader also noted that country's GDP grew by 2.5 percent in the last 12 months

EU to impose up to 38 percent in tariffs on Chinese battery electric vehicles

EU to impose up to 38 percent in tariffs on Chinese battery electric vehicles

The EU will start applying provisional tariffs on imported Chinese electric vehicles by July 4

Google introduces new AI-powered anti-theft features for Android in Brazil

Google introduces new AI-powered anti-theft features for Android in Brazil

Brazilian Android users with compatible devices will be able to access a beta version of these features

ECB shouldn’t rush or delay future interest rate cuts: Bank of France governor

ECB shouldn’t rush or delay future interest rate cuts: Bank of France governor

France central bank governor calls on governments and regulators to boost capital markets union to help close investment gap

BRICS actively working on national currencies’ payment platform, says Russian FM

BRICS actively working on national currencies’ payment platform, says Russian FM

BRICS meeting to discuss international relations, conflict resolution and interaction in leading multilateral platforms

Japan’s economy contracts by 1.8 percent in Q1 2024, slightly better than expected

Japan’s economy contracts by 1.8 percent in Q1 2024, slightly better than expected

Nominal GDP increased at an annualized rate of 0.1 percent, slower than the previously reported 0.4 percent