US consumers paying the most for fuel price spikes from Iran war, study says - Reuters

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• Bank of Japan is expected to hold rates this week — but stay hawkish: CNBC survey

  The Bank of Japan is expected to maintain the policy rate unchanged at 1.25% at the end of its two-day meeting on Friday, according to a CNBC survey. All 16 respondents expect the BOJ to stand pat, given the bank raised rates last month to their highest level in 31 years. All respondents said they expect the BOJ to set the stage for a rate hike in December or January next year, as domestic inflation and wages continue to rise. Macroeconomic factors support the BOJ's additional policy tightening, but there may not…

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• Banking to become more dependable in next decade: PM Modi

  Prime Minister Narendra Modi has stressed the importance of cybersecurity in the banking sector, focusing on enhancing efficiency and dependability. He aims to strengthen data centers and computing systems and invest in modern infrastructure and skilled human resources to protect against evolving cyber threats. This new Cybersecurity Training Institute will play a crucial role in securing the banking system. The comments follow a data security incident at SBI and threats faced by other banks in recent times. Modi…

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• CNBC's The China Connection newsletter: The 'cliff' beneath China's cities

  China's government faces a fiscal cliff as it struggles to balance increased spending with debt management, amid deflationary pressures and a medium-term fiscal framework. The IMF calls for a balanced approach to ensure debt sustainability.

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