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BOJ to Raise Rates If Inflation Meets 2% Target, Says Deputy Governor Uchida

Deputy Governor Shinichi Uchida stated that if inflation continues to climb towards its 2% objective, the Bank of Japan BOJ will keep hiking interest

Deputy Governor Shinichi Uchida stated that if inflation continues to climb towards its 2% objective, the Bank of Japan BOJ will keep hiking interest rates. Because of increased U.S. tariffs, Japans GDP shrank for the first time in a year, which sparked worries about consumer spending and business profits. In spite of this, the BOJ supports additional hikes because it thinks underlying inflation will be stable. The central bank signalled a move away from ultraloose monetary policy in January by raising rates to 0.5%, its first increase in more than ten years. Economic developments will influence future rate decisions as Japan strikes a balance between price stability and growth. Read More..

B2B Tech News | 1 months ago        

Bangladesh Seeks Trade Talks With India Amid Ongoing Import Restrictions

After New Delhi recently implemented import restrictions, Bangladesh has indicated that it is open to hold trade talks with India. Bangladesh aims to

After New Delhi recently implemented import restrictions, Bangladesh has indicated that it is open to hold trade talks with India. Bangladesh aims to address trade issues through conversation, highlighting the reciprocal advantages of free trade, according to Sheikh Bashiruddin, the interim governments commerce adviser. The limitations imposed by India on readymade clothing, processed foods, and plastic products come after Bangladesh had banned the import of Indian yarn. The trade conflict has resulted in reciprocal restrictions that affect goods valued at $770 million. In order to maintain competitiveness and market access, Bangladesh seeks to restore trade stability. Before acting, the administration is expecting an official response from India. Read More..

B2B Tech News | 1 months ago        

Xiaomi to Invest $6.9 Billion in Semiconductor Chip Design Over Next Decade

As a further indication of its dedication to technological independence, Xiaomi has declared plans to invest at least $6.9 billion in semiconductor ch

As a further indication of its dedication to technological independence, Xiaomi has declared plans to invest at least $6.9 billion in semiconductor chip design over the next ten years. Lei Jun, the founder, announced the project, which intends to improve Xiaomis domestic chip development and lessen dependency on outside vendors. With more than 2,500 engineers committed to the project, Xiaomi has already spent 13.5 billion yuan since starting its chip program in 2021 to build the XringO1 smartphone chipset. In light of recent supply chain disruptions and geopolitical difficulties, the action is consistent with Chinas larger desire for independence in semiconductor technology. Read More..

B2B Tech News | 1 months ago        

Nvidia Explores Quantum Computing Investment With PsiQuantum Talks

The investment talks between Nvidia and PsiQuantum, a quantum computing startup that specialises in photonic quantum processors, are progressing. The

The investment talks between Nvidia and PsiQuantum, a quantum computing startup that specialises in photonic quantum processors, are progressing. The agreement would represent a strategic move away from AI processors and Nvidias first significant investment in a business producing actual quantum computers. PsiQuantum, which has a $6 billion premoney valuation, is now raising at least $750 million under the leadership of BlackRock. The company has already raised more than $1 billion, partnering with GlobalFoundries and obtaining government assistance in Australia and the United States. After hosting Quantum Day and opening a specialised research facility in Boston, Nvidias action is in line with its expanding interest in quantum technologies. Read More..

B2B Tech News | 1 months ago        

Pakistan Proposes ZeroTariff Trade Agreement With U.S. Amid Economic Expansion

In an effort to increase trade across several industries, Pakistan has put forward a zerotariff bilateral trade pact with the US. The offer comes amid

In an effort to increase trade across several industries, Pakistan has put forward a zerotariff bilateral trade pact with the US. The offer comes amid ongoing trade talks between the United States and India. According to President Donald Trump, India just put forward a zerotariff agreement as well. Jam Kamal Khan, the minister of commerce for Pakistan, praised Trumps remarks and emphasised that the plan shows Pakistans improved economic standing in spite of its confrontation with India. According to reports, the administration of Prime Minister Shehbaz Sharif has established a highlevel committee to plan trade expansion as the United States examines tariff barriers in trade with Pakistan. Read More..

B2B Tech News | 1 months ago        

Rwanda’s Central Bank Holds Policy Rate at 6.5% to Balance Inflation and Growth

Citing its ability to boost economic growth and keep inflation within goal, Rwandas central bank has kept its policy rate at 6.5%. As per Governor Sor

Citing its ability to boost economic growth and keep inflation within goal, Rwandas central bank has kept its policy rate at 6.5%. As per Governor Soraya Hakuziyaremye, inflation is anticipated to stay at roughly 6.5% in 2025 and then drop to 3.9% in 2026. At this meeting, the rate has not changed for the third consecutive monetary policy meeting. April saw an ease in annual inflation to 6.3%, still within the central banks goal range of 2% to 8%. Future forecasts, however, may be impacted by concerns like geopolitical conflicts and trade uncertainties. Read More..

B2B Tech News | 1 months ago        

TaiwanU.S. Tariff Talks Begin in South Korea, Aiming for Trade Agreement

In an effort to lower American import taxes on Taiwanese commodities, Taiwan and the US have started tariff talks in South Korea. Cheng Lichiun, the v

In an effort to lower American import taxes on Taiwanese commodities, Taiwan and the US have started tariff talks in South Korea. Cheng Lichiun, the vice premier of Taiwan, voiced hope, saying that both parties are dedicated to advancing economic cooperation and keeping the dialogue going. Under President Donald Trumps trade policies, Taiwan was previously subject to 32% U.S. tariffs however, the idea was put on hold for 90 days to allow for negotiations. To establish a more balanced commercial relationship, Taiwan has suggested expanding investments in America and increasing purchases from the United States. U.S. Trade Representative Jamieson Greer and Taiwans lead negotiator Jenni Yang met during the AsiaPacific Economic Cooperation APEC trade forum on Jeju Island. Read More..

B2B Tech News | 1 months ago        

UAE Secures 500,000 Nvidia AI Chips Annually Amid Data Center Expansion

The UAE has increased its data centre growth and AI capabilities by securing an annual supply of 500,000 units of Nvidias AI chips. The pact, which wa

The UAE has increased its data centre growth and AI capabilities by securing an annual supply of 500,000 units of Nvidias AI chips. The pact, which was completed during the visit of U.S. President Donald Trump, has raised national security concerns in Washington and may be reviewed. Trumps journey also helped to boost U.S.Gulf economic ties by facilitating significant corporate transactions, such as Saudi Arabia promising $600 billion in U.S. investments, Qatar Airways buying 210 Boeing aircraft, and the United States selling $142 billion worth of armaments to Riyadh. The UAEs push for AI is in line with its longterm goal of becoming into a global technology powerhouse by using its access to semiconductors to spur innovation. Read More..

B2B Tech News | 1 months ago        



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