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June 4, 2024

Germany to Invest Deutsche Telekom Proceeds in Rail Network

Berlin, Germany’s state-owned investment bank KfW sold 110 million shares in telecommunications firm Deutsche Telekom on Monday, the German Finance Ministry said, stating the sale will benefit the country’s rail network.

“The federal government will …

South Korea’s Inflation Eases to 2.7% in May

Seoul, Consumer prices in South Korea rose 2.7% on-year last month, compared with the 2.9% on-year rise a month earlier.

According to South Korea’s News Agency (Yonhap), South Korea’s consumer prices stayed below 3% for the second consecutive month i…