Reuters Asia Business

SHANGHAI (Reuters) – China’s central bank is determined to maintain a normal upward-sloping yield curve and correct bond-market risks, the bank-backed Financial News reported late on Friday, citing industry sources and experts. The report is the latest warning to the country’s bond market after the People’s Bank of China (PBOC) sounded concerns and introduced plans …

China central bank to maintain yield curve, correct bond risks, state media says Read More »

By Leika Kihara and Makiko Yamazaki TOKYO (Reuters) -Nearly 90% of Japanese households expect prices to rise a year from now, a quarterly central bank survey showed on Friday, a sign of heightening inflation expectations that could help make the case for a near-term interest rate hike. A separate survey showed momentum for wage hikes …

Japan households’ inflation expectations heighten as wage hikes broaden, surveys show Read More »

TAIPEI (Reuters) – Taiwan President Lai Ching-te thanked memory chipmaker Micron’s Chief Executive Sanjay Mehrotra on Friday for his trust and continued investment in the island, in a rare public meeting with a senior foreign tech executive. It is very unusual for Taiwan’s president to have publicised meetings with senior foreign tech executives despite the …

Taiwan president thanks Micron CEO for his trust in Taiwan Read More »

(Reuters) – Australia’s competition watchdog has started an informal review of the network sharing deal between TPG Telecom and Optus, owned by Singapore Telecommunications, the regulator said on Friday. Under the deal signed in April, TPG would expand coverage to 2,444 mobile network sites in regional Australia, up from 755, and would gain access to …

Australia’s competition regulator starts informal review of TPG Telecom-Optus deal Read More »

By Tetsushi Kajimoto TOKYO (Reuters) – Japan’s core consumer inflation probably picked up in June for a second straight month, a Reuters poll of 18 economists showed, keeping the central bank under pressure to raise interest rates. Separate data from the Ministry of Finance will likely show that export growth slowed down year-on-year in June, …

Japan consumer inflation to quicken as BOJ weighs interest rate hikes: Reuters poll Read More »

By Yoshifumi Takemoto TOKYO (Reuters) – Japan is expected to slightly cut its forecast for economic growth of 1.3% in the fiscal year ending March 2025 as consumption takes a hit from rising import costs due to a weakening yen, two government sources told Reuters. Japan’s government releases its economic growth forecasts – which serve …

Japan’s government set to trim economic growth forecast, sources say Read More »

BEIJING (Reuters) – China’s yuan-denominated exports to Russia grew 4.76% in June from a year earlier, faster than the 0.92% pace in May, but still much slower than double-digit export growth at the beginning of the year, customs data showed on Friday. China’s outbound shipments to Russia fell in March and April before swinging back …

China’s June exports to Russia rise more quickly than in previous month Read More »

BEIJING (Reuters) – China’s yuan-denominated exports to Russia grew 4.76% in June from a year earlier, faster than the 0.92% pace in May, but still much slower than double-digit export growth at the beginning of the year, customs data showed on Friday. China’s outbound shipments to Russia fell in March and April before swinging back …

China’s June exports to Russia rise more quickly than in previous month Read More »