TAIPEI (Reuters) – Taiwan may take China to the World Trade Organization after the country effectively banned the import of more Taiwanese food and drink products, Premier Su Tseng-chang said on Saturday as Beijing accused Taipei of “political manipulation”. Taiwan, which China claims as its own territory, has complained for the past two years of …
Taiwan mulls WTO case after latest Chinese import bans Read More »
TAIPEI (Reuters) – Taiwan’s central bank said on Saturday it will adopt an “appropriate” monetary policy and properly use various tools to promote price stability and help the economy next year. Taiwan’s trade-dependent economy is flagging in the face of mounting global economic woes, with its exports last month dropping 13.1% on-year, though inflation, a …
Taiwan central bank will adopt ‘appropriate’ monetary policy next year Read More »
By Martin Quin Pollard WUHAN (Reuters) -In the Chinese city of Wuhan, the epicenter of the COVID-19 outbreak nearly three years ago and where thousands died, residents cautiously greeted a relaxation of lockdown measures by authorities this week. In the city center, few people were in shops and restaurants and the subway was only partially …
In China’s Wuhan, a shadow of reserve and resentment even as COVID lockdowns ease Read More »
(This Dec. 8 story has been corrected to show that valuation does not include debt, but buyout would be partly funded by loans by the banks, in paragraph 4) By Makiko Yamazaki, Kane Wu and Ritsuko Shimizu TOKYO/HONG KONG (Reuters) – Japan Industrial Partners, the preferred bidder to buy out Toshiba Corp, has moved closer …
Toshiba’s preferred bidder moving closer to securing financing for buyout -sources Read More »
(In 4th paragraph, corrects to show that valuation does not include debt, but buyout would be partly funded by loans by the banks) By Makiko Yamazaki, Kane Wu and Ritsuko Shimizu TOKYO/HONG KONG (Reuters) -Japan Industrial Partners, the preferred bidder to buy out Toshiba Corp, has moved closer to securing financing from banks, three people …
Toshiba’s preferred bidder moving closer to securing financing for buyout -sources Read More »
By Andrea Shalal WASHINGTON (Reuters) – International Monetary Fund chief Kristlina Georgieva said she had a “fruitful exchange” with her Chinese counterparts this week on her repeated calls for accelerating debt treatments for countries like Zambia and Sri Lanka. Georgieva, World Bank President David Malpass and other financial leaders met in person in China’s Anhui …
IMF chief Georgieva cites ‘fruitful exchange’ with China on debt issues Read More »
TOKYO (Reuters) -Japan’s economy is not yet in a phase where the central bank can end yield curve control (YCC), its board member Hajime Takata was quoted as saying by the Nikkei daily, brushing aside the chance of a near-term exit from ultra-loose monetary policy. Under YCC, the Bank of Japan (BOJ) sets a -0.1% …
BOJ policymaker Takata rules out ending yield cap – Nikkei Read More »
By Herbert Lash and Carolyn Cohn NEW YORK/LONDON (Reuters) -Treasury yields rose and Wall Street stocks fell on Friday after data on U.S. producer prices raised conflicting views, stirring hope of moderating inflation but also fears the Federal Reserve will need to keep interest rates higher for longer The producer price index (PPI) for final …
Stocks fall, yields rise as inflation data sends mixed signals Read More »
By David Shepardson WASHINGTON (Reuters) -Workers at a General Motors-LG Energy battery cell factory in northeast Ohio overwhelmingly voted to join the United Auto Workers, a big win for the union seeking to organize the growing electric vehicle supply chain sector. The National Labor Relations Board said hourly employees at the Ultium Cells LLC plant …
Ohio workers vote for union at GM, LG battery plant Read More »
By Shariq Khan (Reuters) -Oil price settled lower in volatile trading on Friday, with both benchmarks recording their biggest weekly declines in months, as growing recession fears negated any supply woes after weak economic data from China, Europe and the United States. U.S. West Texas Intermediate crude settled 44 cents lower at $71.02 a barrel, …
Oil drops in volatile trade, records biggest weekly slump in months Read More »
