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May 31st - A recent survey indicates that over 1,000 food items will see price increases in the Japanese market this June. According to Japanese media, rising costs of raw materials and packaging materials due to the situation in the Middle East are expected to continue in the coming months. Teikoku Databank surveyed 195 major food and beverage manufacturers nationwide, inquiring about their price increase intentions. The results show that 1,078 food items will see price increases in June, including processed foods, seasonings, and cooking oil. Instant noodles are expected to see price increases of 6% to 10%, cooking oil 11% to 15%, and potato chips 5% to 30%.
Officials from the Africa Centres for Disease Control and Prevention say that more than 1,100 suspected Ebola cases are still under investigation.
According to the Financial Times, officials from the Africa Centres for Disease Control and Prevention stated that as of May 30, the Democratic Republic of Congo and Uganda had reported 263 confirmed cases of Ebola, including 43 deaths.
Federal Reserve Governor Wallers participation in a panel discussion at the 32nd Dubrovnik Economic Conference will be announced in ten minutes.
On May 31, MiniMax Group Inc. announced that its board of directors has resolved to explore a preliminary proposal to issue RMB shares, which may involve entering into agreements with professional advisors and consulting with relevant securities or other regulatory agencies. The company has engaged professional advisors to advise on its eligibility for listing on the Science and Technology Innovation Board (STAR Market) and has entered into a tutoring agreement. The proposed issuance of RMB shares will be subject to market conditions and necessary regulatory approvals.