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South Korea May inflation +3.1% y/y, higher than expected

South Korea May inflation quickens to two-year high, exceeds forecasts SEOUL, June 2 : South Korea's consumer inflation quickened in May to a more than two-year high, exceeding market expectations on high oil prices triggered by the Middle East conflict, supporting the case for monetary tightening in the coming months. The consumer price index (CPI) rose 3.1 per cent from a year earlier, the biggest jump since March 2024, after rising 2.6 per cent in April, according to the Ministry of Data...

Channel News Asia 8d ago

South Korea May inflation quickens to two-year high, exceeds forecasts

South Korea May inflation quickens to two-year high, exceeds forecasts SEOUL, June 2 : South Korea's consumer inflation quickened in May to a more than two-year high, exceeding market expectations on high oil prices triggered by the Middle East conflict, supporting the case for monetary tightening in the coming months. The consumer price index (CPI) rose 3.1 per cent from a year earlier, the biggest jump since March 2024, after rising 2.6 per cent in April, according to the Ministry of Data...

Channel News Asia 8d ago

South Korea inflation hits two-year high, imminent rate hike in play

South Korea inflation hits two-year high, imminent rate hike in play SEOUL, June 2 : South Korea's consumer inflation quickened in May to a more than two-year high, exceeding market expectations on high oil prices triggered by the Middle East conflict, supporting the case for monetary tightening as early as next month. The consumer price index (CPI) rose 3.1 per cent from a year earlier, the biggest jump since March 2024, after climbing 2.6 per cent in April, according to the Ministry of...

Channel News Asia 8d ago

'Success of reforms and hard work Indians': PM Modi hails 7.7% GDP growth in FY26

Hailing India's 7.7% GDP growth in FY26, Prime Minister Narendra Modi on Friday said the expansion reflected the "inherent strength" of the economy, the "success of reforms" and the "hard work of 140 crore Indians". "India’s growth momentum remains strong! GDP growth rate of 7.7% in FY 2025-26 and 7.8% in Q4 of FY 2025-26 reflect the inherent strength of our economy, the success of reforms and the hard work of 140 crore Indians.

Times of India 5d ago

As Indonesia tightens spending, Prabowo's travel-heavy diplomacy comes under scrutiny

analysis Asia As Indonesia tightens spending, Prabowo's travel-heavy diplomacy comes under scrutiny Critics question whether Indonesia President Prabowo Subianto’s overseas trips are producing measurable economic and political returns at a time when the administration is championing spending cuts and budget efficiency at home. SINGAPORE/JAKARTA: Indonesian President Prabowo Subianto's latest and fourth trip to France in late May has reignited public scrutiny over his travels, particularly...

Channel News Asia 5d ago

Measurement of reactor neutrino oscillation with the first JUNO data

Abstract Neutrino oscillations (see refs. 1,2 and references therein), a quantum effect manifesting at macroscopic scales, are governed by lepton flavour mixing angles and neutrino mass-squared differences3 that are fundamental parameters of particle physics, representing phenomena beyond the Standard Model. Precision measurements of these parameters are essential for testing the completeness of the three-flavour framework, determining the mass ordering of neutrinos and probing possible new...

Nature 18h ago

No anaemia data in NFHS fact sheets, officials say report not final

The absence of anaemia estimates from the newly released National Family Health Survey (NFHS)-6 fact sheets has sparked questions among public health experts. In response, govt has said the indicator was excluded because of concerns over the blood-testing method used in previous survey rounds. Health ministry officials said haemoglobin testing was not carried out in NFHS-6 due to concerns over the capillary blood sampling method used earlier.

Times of India 2d ago

Amplified Arctic iceberg traffic reshapes benthic biodiversity

Abstract The Arctic is undergoing rapid warming, resulting in retreating sea ice and glaciers1, yet how cryospheric changes propagate into the deep ocean remains poorly understood2. Here we identify a climate-driven mechanism linking accelerating glacier disintegration to an increase in deep-sea hard-bottom habitats far beyond calving fronts. Seafloor observations in Fram Strait show a localized increase in the density and patchiness of dropstones delivered by debris-laden icebergs.

Nature 18h ago

German industrial output rises for the first time this year but is still 'too little'

An uptick of 0.4% in Germany's April factory output and a rise in exports offer little cause for celebration as new orders collapse, energy prices soar and Europe's largest economy continues to struggle to find solid footing. German industrial production edged higher in April for the first time since the outbreak of war in the Middle East, official data released Tuesday showed, though analysts warn the single-month gain masks a far grimmer underlying picture for Europe's largest economy....

Euronews 1d ago

SIRT7 regulates dosage compensation and safeguards the female X chromosome

Abstract Sirtuins are deacetylases implicated in stress responses and longevity in mammals1,2. Although their differential impact on disease for the two sexes has been noted3,4,5,6,7, the underlying reasons are unclear. Here, using Sirt7 as a model in mice, we examine the mechanisms leading to sex differences and find that Sirt7−/− female mice have decreased fitness throughout their lifespan.

Nature 18h ago