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 …
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 …
MEXICO CITY – Telmex, the Mexican telecommunications firm controlled by the family of tycoon Carlos Slim, reached a contract agreement with its union to raise …
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 …
By Alessia Pe and Sara Rossi MILAN – Sales of green sovereign bonds are gathering momentum after being disrupted by the Ukraine war, with 12 …
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 …
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 …
ZURICH – Swiss Finance Minister Ueli Maurer ruled out government support for consumers hit by high energy prices and said budget cuts may be needed …
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 …
By Leah Douglas (Reuters) – State officials and manufacuturers are working out whether baby formula imported from outside the United States to address severe supply …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
WARSAW – Interest rates on deposits held in Polish banks will grow due to competition, mBank CEO Cezary Stypulkowski said on Wednesday, adding he did …
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 …
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 …
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 …
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 …
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 …
By Elizabeth Culliford (Reuters) – Twitter said on Tuesday it will not recommend Russian government accounts to users as part of a rule change affecting …
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 …
By Clare Jim HONG KONG – China’s pledges to shore up its embattled property industry have done little to boost prospects for the sector, according …
BERLIN – The leaders of Germany, the United States, France, Britain and Italy agreed in a phone call on Tuesday afternoon to keep pushing Russia …
By Uditha Jayasinghe COLOMBO – A Sri Lanka government-appointed committee on Monday said the crisis-hit country’s central bank and finance ministry must form a team …
SHANGHAI – Shipments of smartphones within China fell 31.8% year-on-year to 14.5 million handsets in February, the China Academy of Information and Communications (CAICT) reported …
PARIS – French government spokesman Gabriel Attal said on Tuesday it was paramount that French companies respect sanctions against Russia decided by the European Union …
ZURICH – The Swiss government wants to set up a new backstop allowing the provision of state-guaranteed cash should one of the country’s big banks …
WASHINGTON – A majority of the U.S. House of Representatives on Wednesday voted to approve a $1.5 trillion bill that would provide $13.6 billion in …
– U.S. House of Representatives Majority Leader Steny Hoyer said on Tuesday that lawmakers aim to debate and pass on Wednesday the bill to fund …
By Uditha Jayasinghe and Swati Bhat COLOMBO – Sri Lanka’s central bank sharply raised interest rates on Friday to staunch growing inflationary pressures and urged …
BERLIN – Suspending Russia from the SWIFT global interbank payments system would be technically difficult to arrange and would have a massive impact on transactions …
MILAN – Italian lenders increased their domestic government bond holdings in January, European Central Bank data showed on Friday. Their portfolio rose to 419.62 billion …
By Ahmed Hagagy KUWAIT -Kuwait’s government owes 2.35 billion dinars ($7.78 billion) in late payments to public entities, according to the finance ministry, in a …
By Nupur Anand, Aftab Ahmed and Scott Murdoch MUMBAI – Prospective investors in Life Insurance Corp of India’s (LIC) $8 billion IPO are seeking assurances …
WASHINGTON – A temporary funding bill that would keep the federal government running through March 11 and avoid a potential partial shutdown cleared a procedural …
(Corrects day of the week in first paragraph) TOKYO – Japanese consumers’ one-year forward expected inflation rate rose to 2.43% in February, a Consumer Affairs …
BERLIN – Shares in Commerzbank fell 5% in Lang & Schwarz pre-market trade on Monday after Germany’s Finance Minister said the government would not keep …
SHANGHAI – U.S. electric carmaker Tesla plans to place its China design centre in Beijing, a government document issued by the Chinese capital said. Tesla …
By Aftab Ahmed and Manoj Kumar NEW DELHI -State-run Life Insurance Corporation of India’s (LIC) embedded value has been finalised at more than 5 trillion …
TOKYO – Japan’s consumer confidence fell in January for a second month, the government said on Monday, as the rapid spread of the Omicron coronavirus …