By Leika Kihara TOKYO (Reuters) -Core consumer inflation in Japan’s capital stayed well above the central bank’s 2% target in November as firms continued to pass on rising costs mainly for food, data showed on Friday, reinforcing the case for a near-term interest rate hike. Separate data for October showed retail sales and factory output …
Core inflation in Japan’s capital brings BOJ closer to a rate hike Read More »
TOKYO (Reuters) -Securing energy from overseas, including from the Sakhalin Project, is extremely important for Japan’s energy security, Japan’s industry ministry said late on Thursday when asked about U.S. sanctions on a key shareholder in the Sakhalin-1 project. Last month, Washington sanctioned Russian oil majors Rosneft, a Sakhalin-1 shareholder, and Lukoil in the most recent …
Energy from overseas, including Sakhalin-1, important for energy security, Japan says Read More »
By Kanjyik Ghosh (Reuters) -Dutch chipmaker Nexperia, whose supply chain was broken up when the Dutch government took over the company in September, urged its Chinese units in an open letter on Thursday to help restore normal production. Nexperia’s Dutch unit said in an open letter that it had made repeated and multiple attempts to …
Dutch chipmaker Nexperia urges Chinese units to help restore supply chain Read More »
By Shariq Khan and Ahmad Ghaddar NEW YORK/LONDON (Reuters) -Oil prices rose on Thursday as market participants weighed the likelihood that talks to end the war in Ukraine will yield an agreement, with trading volume thin due to the Thanksgiving holiday in the U.S. Brent crude futures settled up 21 cents, or 0.2%, at $63.34 …
Oil prices settle up in low volume on US holiday; Russia-Ukraine talks in focus Read More »
SHANGHAI/HONG KONG (Reuters) -China Vanke’s bonds plunged on Thursday after the property developer sought to delay an onshore bond repayment for the first time, rekindling worries about a spillover effect for the broader property sector. Vanke’s plan announced late on Wednesday accelerated a selloff that had begun a day earlier when a media report sparked …
Vanke bonds plunge on plan to delay repayment, revive China property concerns Read More »
(Corrects Reuters Instrument Code in the first paragraph and the date of end of third quarter to September 30 from October 31 in the seventh paragraph) By Anton Bridge TOKYO (Reuters) -Japan’s Asahi Group on Thursday said it aims to normalise logistical operations by February after a cyberattack in late September forced widespread suspension, though …
Super Dry maker Asahi aims to restore logistics by February following cyberattack Read More »
By Donny Kwok, Selena Li and Claire Fu HONG KONG (Reuters) -Shares of China Taiping Insurance Holdings fell as much as 8% on Thursday on concerns about its coverage exposure of more than $200 million to a Hong Kong apartment complex where a huge fire killed at least 55 people, with nearly 300 missing. The …
Taiping Insurance shares hit by over $200 million exposure to Hong Kong fire Read More »
By Siyi Liu, Chen Aizhu and Florence Tan SINGAPORE (Reuters) -Independent refiners in China have received their first batch of crude oil import quotas for 2026 that can be used for cargoes arriving by the end of the year, trade sources said on Thursday. The release of the fresh quotas is expected to boost crude …
China issues first batch of 2026 crude oil import quotas for independent refiners Read More »
(Reuters) -Top Chinese firms are training their artificial intelligence models abroad to access Nvidia’s chips and avoid U.S. measures aimed at curbing their progress in advanced technology, Financial Times reported on Thursday. Alibaba and ByteDance are among the tech firms training their newest large language models in Southeast Asian data centres, the report said, citing …
China’s tech giants move AI model training overseas to access Nvidia chips, FT reports Read More »
By Leika Kihara TOKYO (Reuters) -Japan must take steps to maintain market trust in its finances even as it ramps up spending to revive growth, private-sector members of a key government panel said on Thursday. The economy contracted in the third quarter, while inflation remains elevated at around 3% due mainly to rising food prices, …
Japan government panel members call for sustainable fiscal policy Read More »
