By Leika Kihara TOKYO (Reuters) -The Bank of Japan is likely to debate next week whether conditions are ripe to resume rate hikes as worries about a tariff-induced recession ease, though political complications may keep it on hold for now. Data so far has shown little evidence that higher U.S. levies were hurting the economy …
Bank of Japan to consider best timing for next rate hike Read More »
SHANGHAI (Reuters) -China’s monetary policy framework will stay the same as long as the goal remains price stability, Huang Yiping, an adviser to the central bank and a professor at Peking University, said on Friday, addressing the impact of AI on broad macro policy. The remarks come at a time when the government is promoting …
China monetary policy framework to remain same amid AI impact, central bank adviser says Read More »
By Ariba Shahid KARACHI (Reuters) -Pakistan’s central bank is expected to keep its key interest rate unchanged at 11% on Monday, a Reuters poll showed, as analysts said flood-driven food inflation and a low base effect are likely to limit the scope for further monetary easing. All 10 analysts surveyed expect the State Bank of …
By Leika Kihara (Reuters) -Asia may see its resilience to U.S. tariffs challenged if a rally in the dollar and a rebound in low interest rates lead to tighter financial conditions, a senior International Monetary Fund official told Reuters. If the U.S. Federal Reserve continues to cut interest rates, a subsequent dollar decline could allow …
Reversal of weak dollar may test Asia’s resilience to tariffs, IMF says Read More »
By Leika Kihara (Reuters) -The International Monetary Fund on Friday urged Asia to lower non-tariff barriers and integrate regional trade to reduce its vulnerability to U.S. tariffs and global financial shocks. Trade has been central to Asia’s economic growth with China serving as the supply chain hub for goods production across the globe, which makes …
IMF urges Asia to cut trade barriers to beat US tariffs Read More »
By Siyi Liu and Florence Tan SINGAPORE (Reuters) -Spot premiums in crude markets jumped on Thursday on expectations that U.S. sanctions on top Russian producers will spur China and India’s demand for supplies from the Middle East, Africa and South America, trade sources and analysts said. Washington hit major suppliers Rosneft and Lukoil with sanctions …
Spot crude premiums jump as US sanctions on Russian producers drive China, India demand Read More »
By Junko Fujita TOKYO (Reuters) -Japan’s Fujikura has become a standout in the red-hot Nikkei share gauge on expectations the century-old wire maker will benefit from increased investment in artificial intelligence data centres that use its optical fibres. The firm got another leg up this week, rising 6% after Sanae Takaichi was elected prime minister following …
Japan’s century-old Fujikura rides AI data centre boom to become Nikkei standout Read More »
By Rahul Trivedi BENGALURU (Reuters) -South Korea’s economy grew at a modest pace last quarter, supported by strong exports and a pickup in household consumption as government measures helped stimulate demand, a Reuters poll suggested. Asia’s fourth-largest economy was projected to have expanded a seasonally adjusted 0.9% in the July-September quarter after posting upbeat growth …
TOKYO (Reuters) -Japan’s manufacturing sector contracted in October at the fastest pace in 19 months due to a sharper decline in new orders, a private-sector survey showed on Friday. The S&P Global flash Japan Manufacturing Purchasing Managers’ Index (PMI) fell to 48.3 in October from a final reading of 48.5 in September, hitting the lowest …
Japan’s factory activity hits 19-month-low in October, PMI shows Read More »
By Leika Kihara TOKYO (Reuters) -Japan’s core consumer prices rose 2.9% year-on-year in September, data showed on Friday, staying above the central bank’s 2% target and keeping alive expectations of a near-term interest rate hike. The data will be among factors the Bank of Japan (BOJ) will scrutinise at its two-day meeting next week, when …
Japan’s core inflation accelerates in September, stays above BOJ target Read More »
