By Dominique Patton BEIJING (Reuters) -China’s agriculture ministry issued a three-year action plan on Friday to reduce soymeal use in animal feed as it continues to try to reduce its heavy reliance on soybean imports. The new plan proposes that soymeal ratios in animal feed should be reduced to under 13% by 2025, down from …
Food security drives China to cut soymeal use in animal feed Read More »
By Tetsushi Kajimoto TOKYO (Reuters) – Japan’s core consumer inflation likely held steady in March, a Reuters poll of 19 economists showed, highlighting persistent price strains and keeping the central bank under pressure to shift away from stimulus. Speculation is rife that the Bank of Japan (BOJ) may tweak its bond yield control, or ditch …
Japan inflation seen persisting, export slowdown to push up trade deficit – Reuters poll Read More »
BEIJING (Reuters) – China is willing to work with Germany on the economic and trade fronts, and the two countries are partners, not adversaries, its foreign minister, Qin Gang, said on Friday. Qin, addressing a joint news conference with his German counterpart, Annalena Baerbock, said artificially putting the brakes on normal economic and trade cooperation …
China willing to work with Germany on economy, trade Read More »
By Leika Kihara WASHINGTON (Reuters) -Asian central banks may need to keep monetary policy “tighter for longer” to combat still substantial inflation risks, senior International Monetary Fund official Krishna Srinivasan said on Thursday. Some central banks in the region, such as Australia, have begun pausing interest rate hikes as they saw their economies and job …
IMF urges Asia to keep monetary policy tighter for longer Read More »
By Jorgelina do Rosario and Rodrigo Campos (Reuters) – The International Monetary Fund is working closely with Suriname authorities to bring their financing program back, while looking for progress in government talks with China, a key creditor, an IMF official said on Thursday. The IMF and Suriname engaged in a financing program for nearly $700 …
IMF working closely with Suriname authorities, looks for progress in China talks Read More »
TOKYO (Reuters) – Japan’s antitrust regulator on Thursday said it had admonished the brokerage unit of Mizuho Financial Group for pushing startups to accept underpriced initial public offerings (IPO). The warning comes as Japan’s Fair Trade Commission (FTC) has been targeting price-setting procedures to address concern that IPOs can be underpriced to increase the chance …
Japan’s regulator warns Mizuho Securities over IPO price setting Read More »
By Ariba Shahid KARACHI, Pakistan (Reuters) -Pakistan has completed all requirements to receive critical bailout money from the International Monetary Fund (IMF), the country reiterated following a meeting with the lender on Thursday. Pakistan has less than a month’s worth of foreign exchange reserves and is awaiting a bailout package of $1.1 billion from the …
Pakistan again says it completed all requirements for bailout after meeting with IMF Read More »
By America Hernandez PARIS – Energy-poor Japan is waging an uphill battle for more investment into natural gas exploration and production among Group of Seven (G7) climate and energy ministers, according to a French ministry official. This weekend’s G7 ministerial meeting in Sapporo, Japan, is meant to coordinate efforts to address climate change – which …
Japan is pushing G7 to step up gas investments – source Read More »
SEOUL (Reuters) – South Korea’s top court on Thursday said Alphabet Inc’s Google should disclose whether the technology giant had shared local user information with third parties, news agency Yonhap reported, sending the case back to a lower court. The Supreme Court’s decision came after a group of four plaintiffs filed a lawsuit against Google …
S.Korea’s top court tells Google to disclose user information sharing -report Read More »
By Joe Cash and Ellen Zhang BEIJING (Reuters) – China’s exports unexpectedly surged in March, with officials flagging rising demand for electric vehicles, but analysts cautioned the improvement partly reflects suppliers catching up with unfulfilled orders after last year’s COVID-19 disruptions. Exports in March shot up 14.8% from a year ago, snapping five straight months …
China’s exports rise unexpectedly, but economists warn of weakness ahead Read More »
