Aldi to invest $3.4B amid US supermarket wars

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Source: Dukascopy Bank SA
German grocery network Aldi is set to invest $3.4B to expand the amount of its stores in the US to 2,500 until 2022, aiming to be low-price leader.
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Mon, 12 Jun 2017 04:17:22 GMT

Japanese PPI steady at 2.1% in May

Data released by the Bank of Japan revealed the country's Producer Price Index held steady at 2.1% over the month of May, while analysts had predicted a 2.2% reading.

Mon, 12 Jun 2017 02:54:08 GMT

Japan's core machinery orders fall more than expected in April

Japan core machinery orders showed a 3.1% fall in April compared with expectations of 0.6% decline, adding to concerns over fragile economic recovery.

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