By Leika Kihara TOKYO -A Bank of Japan policymaker said it was inappropriate to change monetary policy for the purpose of controlling exchange rates, a summary of opinions at the …
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By Chen Aizhu SINGAPORE – China’s crude oil imports grew nearly 7% in April from the same month a year earlier, its first rise in three months, although weakening fuel …
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’Weak Animals’: Dem Voters Take Aim At Their Own Party Sebastian Hughes on April 28, 2022 Several “high-information” Democratic voters compared members of their own party to “weak animals” in …
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A look at the day ahead in markets from Dhara Ranasinghe. The weak-currency gang is growing in force. The yen plunged to a new two-decade low versus the dollar on …
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BEIJING – China’s first-quarter retail sales lagged in key coastal economic regions with areas hit by COVID-19 outbreaks showing particular weakness, according to regional data, pointing to further sluggishness in …
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By Heekyong Yang SEOUL – Hyundai Motor Co is likely to report a 4% bump in first-quarter profit thanks to a sharply weaker won boosting the value of its exports …
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By Leika Kihara and Tetsushi Kajimoto TOKYO – Japanese policymakers escalated their warnings against sharp yen falls with the finance minister saying the currency’s slump to two-decade lows versus the …
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By Leika Kihara TOKYO -Japan’s wholesale inflation remained near record-high levels in March as the Ukraine crisis and a weak yen pushed up fuel and raw material costs, data showed …
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Billionaire CEO Jamie Dimon Calls Out Biden’s Weak Leadership Harry Wilmerding on April 4, 2022 JPMorgan Chase chief executive officer Jamie Dimon’s annual shareholder letter seemed to take a shot …
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By Leika Kihara and Yoshifumi Takemoto TOKYO – Japan has little to cheer about a weak yen, which reflects its deteriorating economic fundamentals and trade deficit, the country’s former top …
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By Leika Kihara and Tetsushi Kajimoto TOKYO – Japanese policymakers escalated their warning against sharp yen falls, with the country’s top currency diplomat saying Tokyo and Washington agreed to “communicate …
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TOKYO – Japanese households’ weak pent-up demand and companies’ cautious price-setting behaviour are likely among factors keeping inflation low, Bank of Japan Deputy Governor Masayoshi Amamiya said on Tuesday. “Overall …
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TOKYO – Bank of Japan (BOJ) board member Goushi Kataoka said on Thursday a weak yen was positive for the economy, with the damage due to rising import costs likely …
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By Leika Kihara and Yoshifumi Takemoto TOKYO – Tightening monetary policy or intervening in the currency market will do little to reverse unwelcome yen declines that inflate already rising fuel …
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By Leika Kihara TOKYO – The Bank of Japan is set to keep monetary policy ultra-loose on Friday and warn of heightening economic risks from the Ukraine crisis, unfazed by …
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WARSAW – There is no risk that the Polish zloty will remain weak in the long-term, Poland’s prime minister said on Friday, adding the government was working on measures that …
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By Tina Bellon and Nivedita Balu -Lyft Inc’s first full-year adjusted profit and a spike in pricey airport trips were overshadowed by a drop in ridership due to Omicron, which …
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By Noel Randewich – Facebook owner Meta Platforms Inc’s quarterly earnings miss and poor forecast on Wednesday ignited a meltdown in social media stocks and threatened to smother a recent …
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By Muhammed Husain and Aby Jose Koilparambil -Countryside Properties’ shares slumped nearly 28% on Thursday after the British housebuilder said its first-quarter performance was below expectations and Chief Executive Iain …
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Low wind power generation is largely to blame for Europe’s ongoing energy crisis and scramble to import more fossil fuels, according to a Reuters report. Wind farms across Europe produced …
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By Nora Buli and Stine Jacobsen OSLO/COPENHAGEN – Wind speeds were milder than usual in Europe this year, so windmills across the bloc generated less electricity which worsened a crunch …
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By Tetsushi Kajimoto TOKYO – Some members of the Bank of Japan’s (BOJ) policy board said in October the yen’s weakening would have a positive effect on the Japanese economy …
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By Nancy Lapid – The following is a summary of some recent studies on COVID-19. They include research that warrants further study to corroborate the findings and that has yet …
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By Siddharth Cavale and Sophie Yu – Initial reaction from the launch of Oreo Zero sugar-free cookies in China has been disappointing, Mondelez International Inc’s CEO said, underscoring some of …
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By Leika Kihara TOKYO – Bank of Japan (BOJ) policymakers see the need to maintain ultra-easy policy as inflation is rising only modestly and wage growth remains feeble, a summary …