Reuters Asia Business

SHANGHAI (Reuters) – China’s central bank is set to inject more liquidity when rolling over maturing medium-term policy loans for a fourth straight month on Wednesday, while keeping the interest rate unchanged, to support the economy, a Reuters survey showed. The People’s Bank of China (PBOC) will continue to keep long-term funds sufficient, traders and …

China central bank set to inject fresh funds through medium-term policy loan Read More »

SEOUL (Reuters) – South Korea’s import prices for February fell in annual terms for the first time in two years on weaker oil prices, central bank data showed on Tuesday. The country’s import price index, in terms of the local won currency, stood 0.5% lower in February than in the same month a year earlier, …

South Korea import prices fall in Feb for first time in two years Read More »

By Blake Brittain (Reuters) – Apple Inc, Google LLC, Cisco Systems Inc and others can sue the U.S. Patent and Trademark Office to challenge a rule that reduced the number of patent-validity proceedings at a USPTO tribunal, a U.S. appeals court said Monday. The U.S. Court of Appeals for the Federal Circuit reversed a California …

Court revives Apple, Google challenge to U.S. patent-review policy Read More »

By Kantaro Komiya TOKYO (Reuters) – The Bank of Japan (BOJ) said on Monday it will continue applying previously announced measures to the latest 10-year government bonds beyond April, to deter traders from challenging its yield control policy after a no-surprise policy meeting. The BOJ last week maintained ultra-low interest rates and held off making …

BOJ expands measures on 10-year JGB trading to counter short sellers Read More »

By Soo-hyang Choi SEOUL (Reuters) – The three surviving South Koreans who have won court cases over being forced to work under Japanese colonial rule have formally rejected a government compensation plan, potentially throwing up legal obstacles for Seoul as it seeks to mend ties with Tokyo. Seoul announced last week that South Korean companies …

South Korean plaintiffs in Japan forced labour cases reject compensation plan Read More »

KUALA LUMPUR (Reuters) – Malaysia’s state oil firm Petroliam Nasional Berhad on Monday posted a 55% jump in quarterly profit on higher energy prices and bigger sales volume, but warned of moderating prices for this year due to an expected slowdown in the global economy. Petronas, as the company is known, reported a profit of …

Malaysia’s Petronas posts higher Q4 profit, sees lower oil prices in 2023 Read More »