By Leika Kihara TOKYO (Reuters) -Japan’s wholesale inflation held steady in September and most households expect prices to keep rising a year from now, data showed on Friday, an indication price pressures could keep the central bank on course to raise interest rates. The yen’s recent sharp falls, triggered by receding market bets of a …
Japan wholesale inflation holds steady, yen falls add pressure on BOJ Read More »
HONG KONG (Reuters) -Chinese customs officials have been investigating Tower Research Capital, Jump Trading and Optiver over their compliance with rules for importing specialized communication equipment for their high-frequency trading since July, state-backed financial news provider Futures Daily said on Friday. The Shanghai branch of China’s General Administration of Customs has visited the three trading …
TOKYO (Reuters) -Nearly 90% of Japanese households expect prices to rise a year from now, the central bank’s quarterly survey for September showed on Friday. The ratio, at 88.0%, was higher than 85.1% in the previous poll, the survey showed, in a sign of broadening inflationary pressure that may keep alive market expectations of a …
Nearly 90% of Japan households expect prices to rise a year from now, survey shows Read More »
BEIJING (Reuters) -China’s export growth likely gathered pace in September, suggesting manufacturers are rising to the challenge of finding buyers beyond the U.S. – the world’s top consumer market – as a trade deal with President Donald Trump remains elusive. No other country comes close to matching U.S. consumption power, which once absorbed over $400 …
China’s export growth seen picking up in September as producers find new markets Read More »
(Reuters) -SoftBank Group Corp is in talks to borrow $5 billion from global banks for a margin loan secured by shares of its chip unit Arm Holdings, Bloomberg News reported on Friday. The capital will fund additional investment in OpenAI this year, the report added, citing people familiar with the matter. Reuters could not immediately …
SoftBank in talks for $5 billion margin loan backed by Arm stock, Bloomberg News reports Read More »
JAKARTA (Reuters) -Indonesia’s plan to build waste-to-energy projects in 33 cities across the country may require around 91 trillion rupiah ($5.49 billion) in funding, investment minister Rosan Roeslani told reporters on Friday. The programme, designed to address a waste crisis in some parts of the country, will be launched in 10 cities next month, Rosan …
By Timothy Gardner WASHINGTON (Reuters) -The U.S. imposed sanctions on about 100 individuals, entities and vessels, including a Chinese independent refinery and terminal, that helped Iran’s oil and petrochemicals trade, the administration of President Donald Trump said on Thursday. The Treasury Department sanctioned the Shandong Jincheng Petrochemical Group, which it said is an independent teapot …
US imposes sanctions on China refinery, others for Iran oil purchases Read More »
By Leika Kihara TOKYO (Reuters) -Japanese authorities may tolerate moderate yen declines but could intervene if the currency sharply depreciates towards 160 to the dollar, said Atsushi Takeuchi, a former central bank official who was involved in Tokyo’s market forays a decade ago. The yen was set for its steepest weekly drop in a year …
Japan may intervene if yen dives toward 160 per dollar, ex-BOJ official says Read More »
By James Pomfret HONG KONG (Reuters) -Hong Kong residents rushed to sell everything from gold bars to rings this week, with people weighing family jewels and counting stacks of money as they scrambled to cash in on a record rally that pushed gold above $4,000 for the first time. At the Chong Kee Gold shop …
Hong Kongers rush to sell family jewels as gold glitters Read More »
By Jun Yuan Yong SINGAPORE (Reuters) -Singapore is expected to leave settings unchanged at its monetary policy meeting next week, as the city-state’s growth outlook remains resilient despite a slowdown in trade due to U.S. tariffs. Of 14 analysts polled by Reuters, 10 expect the Monetary Authority of Singapore (MAS) to hold off making changes …
Singapore expected to keep monetary policy unchanged on firm growth Read More »
