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- NewsReuters
UPDATE 1-Russia says Western actions compel it to boost its nuclear deterrent
Russia is warning its Western adversaries that it feels obliged to boost its nuclear deterrent due to what it sees as their "escalatory" course, Deputy Foreign Minister Sergei Ryabkov was quoted as saying on Thursday. Ryabkov was cited by state news agency RIA as saying that Russia was not however changing its own nuclear doctrine, which allows for the use of nuclear weapons in case of an existential threat to the state. "We warn our opponents that their escalatory trajectory confronts us of course with the need to take steps that actually mean strengthening our measures of deterrence."
- BusinessReuters
FOREX-Sterling slips ahead of BoE meeting; hawkish BOJ policymakers pause yen slide
The pound slipped against the dollar on Thursday ahead of a Bank of England (BoE) policy meeting, while hawkish opinions from Bank of Japan (BOJ) members helped slow the yen's fall. The dollar index rose as traders start to focus on U.S. inflation data due next week and its implications for Federal Reserve policy. The BoE is expected to hold rates steady but flag when it intends to lower the cost of borrowing as inflation falls.
BusinessAFP NewsNissan annual net profit nearly doubles on-year
Nissan said Thursday it nearly doubled its full-year net profit in 2023-24 but forecast a dip of around 10 percent for the current financial year.Thursday's results struck a different tone to an announcement last month when Nissan trimmed its sales and profit outlook for 2023-24, predicting a more modest net profit of 390 billion.
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