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The dollar index vaulted to a 20-year high on Thursday, and notched a 24-year peak against the rate-sensitive Japanese yen, after U.S. data showed a resilient economy, giving the Federal Reserve more room to aggressively hike interest rates to quell inflation. The U.S. currency firmed after a government report showed …

South Korea’s main inflation rate slowed in August for the first time in seven months and came in below forecasts, but details of the price data released on Friday reinforced views inflation would stay elevated for a while. The Statistics Korea data showed the consumer price index (CPI) rose 5.7% …

Just as inflation ravages the big guns of U.S. apparel retail, awash in high inventory and deep discounts to lure shoppers back to stores, Japan’s Uniqlo is set for its best year ever in North America after a Covid-imposed revolution in its business model. Retailers from Gap to Kohl’s are …