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Australian dollar holds ground vs Japanese Yen amid May Trade Deficit

AUD/JPY remains flat after recovering daily losses, trading around 112.10 during the Asian hours on Thursday. The currency cross held its ground as the Australian Dollar (AUD) showed resilience, even after domestic trade data significantly missed market expectations.According to the Australian Bureau of Statistics (ABS), the Trade Balance unexpectedly swung into a deficit of A$3,018 million in May, a sharp reversal from the previous month’s revised surplus of A$1,383 million. This fell well short of…

Business

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Markets

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PepsiCo’s Mark Kirkham Wants Marketers to Make the Simple Special

“To be successful as a CMO today, you’ve got to keep it simple,” said Mark Kirkham, CMO of PepsiCo, in an interview at the 2026 Cannes Lions.Kirkham cited the over 50-year-old “Pepsi Challenge” as an example of a straightforward, creative idea that hasn’t lost its potency. “It’s essentially a sampling…

Investing

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