TOKYO – Close attention is needed to downside risks that price inflation will carry, a Japanese government spokesperson said on Friday. Japan’s annual core consumer inflation topped the central bank’s…
By Leika Kihara and Yoshifumi Takemoto TOKYO – The Bank of Japan’s resolve to keep borrowing costs ultra-low is causing a “negative spiral” of yen weakness that highlights the need…
MEXICO CITY – Telmex, the Mexican telecommunications firm controlled by the family of tycoon Carlos Slim, reached a contract agreement with its union to raise salaries up to 4.5% for…
By Samuel Shen and Andrew Galbraith SHANGHAI – Shut out of the bond market and spurned by banks, a growing number of cash-starved Chinese local government financing units are tapping…
By Alessia Pe and Sara Rossi MILAN – Sales of green sovereign bonds are gathering momentum after being disrupted by the Ukraine war, with 12 billion euros ($12.8 billion) worth…
TOKYO – Japan’s service sector sentiment index rose for the third straight month in May, a sign of improving sentiment about the overall economy, a Cabinet Office survey showed on…
By Yoshifumi Takemoto and Tetsushi Kajimoto TOKYO – Japan’s government made no mention of a timeframe for balancing the primary budget in its draft mid-year annual long-term economic policy roadmap,…
ZURICH – Swiss Finance Minister Ueli Maurer ruled out government support for consumers hit by high energy prices and said budget cuts may be needed because the government would not…
By Kylie Madry ACAPULCO, Mexico – Several Mexican airlines plan to resume operations at a little-used airport outside Mexico City after a decision to cap flights out of the capital’s…
By Leah Douglas (Reuters) – State officials and manufacuturers are working out whether baby formula imported from outside the United States to address severe supply shortages will be available to…
By Kirsty Needham SYDNEY – Australia’s new Labor government will put greater focus on relations with Southeast Asia and climate change, an issue crucial to its Pacific neighbours, as it…
MUMBAI – India’s central bank transferred 303.07 billion rupees ($3.91 billion) to the government as a dividend for the fiscal year ending in March 2022 and decided to keep its…
By Marcela Ayres BRASILIA – Brazil’s Economy Ministry will hold its economic growth outlook at 1.5% in 2022 and 2.5% in 2023, two officials told Reuters on Wednesday, forecasting activity…
BRASILIA – Brazil’s Economy Minister Paulo Guedes said on Monday the government will reduce payroll taxes, without giving details or deadlines for a move he has defended since taking office…
KUALA LUMPUR – Malaysia Foreign Minister Saifuddin Abdullah met his counterpart from Myanmar’s National Unity Government (NUG), a shadow administration outlawed by the ruling military junta, in the group’s first…
By Giuseppe Fonte and Francesca Landini ROME – The Benetton family and U.S. fund Blackstone have notified the Italian government about their takeover offer for Atlantia to secure Rome’s green…
MEXICO CITY – A Mexican presidential decree will be issued on Friday to modify tariffs in the country’s import and export law in a bid to curb inflation, a finance…
WARSAW – Interest rates on deposits held in Polish banks will grow due to competition, mBank CEO Cezary Stypulkowski said on Wednesday, adding he did not expect the government to…
By Leika Kihara TOKYO – Japanese policymakers were forced to reassure markets on Tuesday the government was not forcing the Bank of Japan to bank-roll public debt, after former premier…
BRASILIA – Brazil’s central government reported better than expected fiscal numbers in March, once again supported by higher tax revenue, and suggested a brighter fiscal picture for 2022. The central…
BOAO, China – China remains on track to reach its 2022 growth target of around 5.5% as it has ample stimulus space, government economists said on Wednesday, despite a resurgence…
By Marcela Ayres BRASILIA -Brazil’s government has not yet reached a decision over a salary increase for public servants this year, an official said on Monday, stressing that an across-the-board…
SINGAPORE – Singapore’s central bank said on Thursday it has transferred excess official foreign reserves (OFR) of S$75 billion ($55.11 billion) to the government through a subscription of reserves management…
By Elizabeth Culliford (Reuters) – Twitter said on Tuesday it will not recommend Russian government accounts to users as part of a rule change affecting accounts run by states which…
STOCKHOLM – Sweden’s economy will slow this year with headline inflation expected to run at its highest level since the early 1990s, the government said in a pre-budget forecast on…