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By Ankika BiswasAustralia's AI investment boom is likely to boost inflation in the near term as productivity benefits take longer to emerge, leaving the central bank with limited scope to overlook price pressures, Jonathan Kearns, a former Reserve Bank of Australia official, said on Thursday."What…
* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but