TOKYO (Reuters) -Japanese police on Friday arrested a senior finance ministry official involved in coordinating policies with the central bank for possible assault charges, public broadcaster NHK reported. Heihachiro Ono, 56, deputy vice minister for policy planning and co-ordination at the Ministry of Finance (MOF), was intoxicated at the time of the arrest shortly after …
Japan MOF official arrested for suspected assault -NHK Read More »
By Leika Kihara and Francesco Canepa KOENIGSWINTER, Germany (Reuters) – Having long trod a similar path in tackling low inflation, Japan and Europe now appear to be taking contrasting approaches to monetary policy and the risks of rising prices, which drew warnings at this week’s Group of Seven gathering in Germany. Bank of Japan Governor …
Japan, Europe tread different paths as G7 warns of inflation risks Read More »
LONDON (Reuters) – Britain may impose anti-dumping duties of up to 29% on aluminium extrusions from China to protect domestic producers, a trade agency said on Friday. Aluminium extrusions – widely used in the transport, construction and electronics industries – are being dumped in Britain at lower prices than they are sold in China, the …
UK may impose duties of up to 29% on Chinese aluminium extrusions Read More »
By Anshuman Daga and JaiveerSingh Shekhawat SINGAPORE (Reuters) -Singapore-based Zilingo said on Friday it had fired Chief Executive Ankiti Bose after an independent investigation into complaints about what the fashion technology startup described as “serious financial irregularities”. Bose, 30, the face of Zilingo at industry forums and investor meetings, told Reuters she was wrongfully dismissed. …
Singapore startup Zilingo fires CEO after suspension Read More »
TAIPEI (Reuters) -Taiwan’s export orders — a bellwether for global technology demand — fell for the first time in 25 months in April, taking a larger-than-expected hit from COVID lockdowns in China and broader global supply chain disruptions. Export orders unexpectedly fell 5.5% from a year earlier to $51.9 billion last month, data from the …
BANGKOK (Reuters) – Thailand will allow night clubs and karaoke bars to resume regular hours starting in June, a senior official said on Friday, dropping most of its remaining pandemic restrictions as daily infections decline. Thailand’s nightlife is a major attraction for tourists, but most entertainment venues have been shuttered or faced a strict curfew …
(Correcting typo on Huawei RIC) BEIJING (Reuters) – Beijing said on Friday that it was opposed to Canada’s plan to ban the use of 5G equipment from China’s Huawei Technologies Co Ltd and ZTE Corp. Chinese foreign ministry spokesman Wang Wenbin told reporters during a briefing that China would take all necessary measures to safeguard …
China says it is opposed to Canada ban on Huawei/ZTE 5G equipment Read More »
JAKARTA (Reuters) – A Jakarta court has for the third time extended flag carrier Garuda Indonesia’s debt restructuring deadline by another month, a court-appointed curator for the case said on Friday. Garuda started the court-led restructuring process on Dec. 9, after a vendor petitioned the court over unpaid bills. It has repeatedly requested more time …
Indonesia’s Garuda given debt restructuring extension Read More »
SHANGHAI (Reuters) – China’s onshore spot yuan reversed earlier losses to finish the domestic session at 6.674 per dollar on Friday, the strongest such close since May 5. If the yuan sustains such gains at the late night close, it would have gained 1.74% against the dollar for the week, booking the best weekly performance …
China’s yuan set for biggest weekly gain since 2005 Read More »
By David Ljunggren and Steve Scherer OTTAWA (Reuters) -Canada on Thursday said it plans to ban the use of China’s Huawei Technologies Co Ltd and ZTE Corp 5G gear to protect national security, joining the rest of the so-called Five Eyes intelligence-sharing network. “We intend to exclude Huawei and ZTE from our 5G networks,” Industry …
Canada to ban Huawei/ZTE 5G equipment, joining Five Eyes allies Read More »
