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Supported but capped below 160 – DBS

DBS Group Research’s Chang Wei Liang says Japan’s March Consumer Price Index (CPI) data show underlying price pressures, with headline and core-core inflation edging higher and the Bank of Japan (BoJ) reportedly set to raise its inflation forecast. He expects BoJ rate hikes to remain likely but possibly delayed, and sees USD/JPY staying supported by high Oil prices yet capped below 160 due to intervention risks.Inflation backdrop and BOJ timing”Japan’s headline CPI for March rose…

Business

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Handel’s Ice Cream CEO outlines growth strategy while preserving tradition

Handel’s Homemade Ice Cream is entering a new phase of growth under CEO Jennifer Schuler, who says the 80-year-old brand is focused on balancing expansion with long-standing tradition. Schuler, who was appointed to take the helm in March 2024, told FOX Business she is intentionally taking a measured approach as…

Markets

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Overseas identity crisis

How long have you been living in Singapore?”It’s a question taxi drivers have been asking me since I arrived from New York nearly 20 years ago.In the beginning, the answer was small, just a year, then two.My husband and I had come with a two-year plan. Freshly married, we told…

Investing

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