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Japan rice prices double, raising pressure on PM
Japan rice prices double, raising pressure on PM
by  AFP

Rice prices in Japan soared 99.2 percent in June year-on-year, official data showed Friday, piling further pressure on Prime Minister Shigeru Ishiba ahead of elections this weekend. Overall, Japan's core inflation rate slowed to 3.3 percent in June from 3.7 percent in May, the data from the internal affairs ministry showed.

US House passes landmark crypto measures in win for Trump
US House passes landmark crypto measures in win for Trump
by  AFP

The US House of Representatives on Thursday passed three landmark cryptocurrency bills, fulfilling the Trump administration's commitment to the once-controversial industry. House legislators also readily passed the GENIUS Act, which codifies the use of stablecoins -- cryptocurrencies pegged to stable assets like the US dollar or US bonds.

Netflix profits surge off ads, higher subscription prices
Netflix profits surge off ads, higher subscription prices
by  AFP

Netflix reported stronger than expected second-quarter results Thursday, with profit jumping 45 percent year-over-year as the streaming giant benefited from subscription price increases and a growing advertising business.

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