TOKYO (Reuters) -Japanese beer and beverage giant Asahi Group Holdings has not been able to resume production at domestic factories a day after a cyberattack and cannot foresee when it can be resumed, a company spokesperson said on Tuesday. The company has 30 plants in Japan making beer, beverage and food products, but it is …
Japan’s beer giant Asahi Group cannot resume production after cyberattack Read More »
By Leika Kihara TOKYO (Reuters) -Bank of Japan board members debated the feasibility of raising interest rates in the near term with some suggesting the time for such a move may be approaching, a summary of opinions at the central bank’s September policy meeting showed on Tuesday. Many opinions at the meeting called for vigilance …
BOJ debated chance of near-term rate hike, meeting summary shows Read More »
By Liangping Gao and Ryan Woo BEIJING (Reuters) -China’s services activity grew in September but at a slightly slower pace, a private survey showed on Tuesday, with job losses weighing on the sector despite strong domestic and overseas demand. The RatingDog China General Services PMI, compiled by S&P Global, slipped to 52.9 in September from …
China’s service activity growth moderates, private PMI shows Read More »
By Satoshi Sugiyama TOKYO (Reuters) -Japan’s factory output fell more than expected while retail sales declined for the first time in over three years in August, government data showed, heightening uncertainties about the economic outlook. Although Tokyo struck a trade deal with Washington, analysts said U.S. tariffs could still affect Japan’s production and the global …
Japan’s economy shows strain as factory output and retail sales drop Read More »
By Ellen Zhang and Ryan Woo BEIJING (Reuters) -China’s factory activity in September expanded at the quickest pace since March, as rising new orders drove faster production growth, a private-sector survey showed on Tuesday. The RatingDog China General Manufacturing Purchasing Managers Index (PMI), compiled by S&P Global, rose to 51.2 in September from 50.5 in …
China’s factory activity grows at fastest pace since March, private PMI shows Read More »
BEIJING (Reuters) -China’s non-manufacturing activity slowed in September, an official survey showed on Tuesday. The non-manufacturing purchasing managers’ index (PMI), which includes services and construction, dropped to 50.0 from 50.3 in August, according to the National Bureau of Statistics (NBS). The NBS composite PMI of manufacturing and non-manufacturing was 50.6 in September, compared with 50.5 …
China non-manufacturing activity slowed in September, PMI shows Read More »
SEOUL (Reuters) -South Korean Finance Minister Koo Yun-cheol said on Tuesday the government and the ruling party would ease some criminal punishments for businesses to allow more leeway for corporate activities. “Concerns have consistently been raised that excessive economic punishment restricts creative human economic activity,” Koo said at a meeting with leaders of the ruling …
South Korea to ease criminal punishments for businesses, finance minister says Read More »
SEOUL (Reuters) -South Korea’s National Security Adviser Wi Sung-lac said it is difficult to be optimistic about striking a deal on a bilateral currency swap with the U.S., local news outlet Newsis reported. “While our government has proposed a currency swap, the U.S.’s track record suggests it won’t be easy,” Wi was quoted as saying. …
By Karen Freifeld (Reuters) -The U.S. on Monday cracked down on companies in China and other countries that use subsidiaries or other foreign affiliates to circumvent export curbs on chipmaking equipment and other goods and technology. The Commerce Department issued a new rule expanding its restricted export list, known as the Entity List, to automatically …
US expands export blacklist in crackdown on Chinese subsidiaries Read More »
By Lewis Krauskopf (Reuters) -TRADING DAY Making sense of the forces driving global markets By Lewis Krauskopf, Markets Reporter Jamie is enjoying some well-deserved time off, but the Reuters markets team will still keep you up to date on what’s happening in markets. The spectre of a U.S. government shutdown loomed large across asset classes, …
