The Japanese yen weakened against the US dollar on Friday. Investors are watching for possible intervention to support the yen. The dollar saw a slight gain against the euro amid low trading volumes. Japan’s government proposed record spending for the next fiscal year. Core consumer inflation in Tokyo slowed but remained above the Bank of Japan’s target.
AI to expand opportunities for Indian IT; luxury housing demand strong: BofA Sec
AI presents significant new revenue streams for Indian IT services, despite job displacement concerns. Experts believe AI will expand beyond coding into business processes, creating