(Reuters) -Asian bonds attracted the largest monthly foreign inflows in seven months in March, driven by hopes of rate cuts from regional central banks and their appeal as a haven as global assets were hit on worries over U.S. tariffs and a recession. Foreigners purchased a net $7.16 billion worth of regional bonds during the …
Asian bonds draw largest foreign inflows in seven months on rate cut hopes Read More »
By Anton Bridge and Miho Uranaka TOKYO (Reuters) -The trust banking arm of Mizuho Financial Group plans to increase staffing in its equity strategy consulting business by 30% to meet customer demand for shareholder relations advice, its chief executive said. Shareholder activism has surged in Japan amid rising expectations among global investors of shareholder-friendly governance …
BANGKOK (Reuters) -Thailand’s rice exports fell 30% annually in the first quarter of this year to 2.1 million metric tons, an industry association said on Monday. The decline was due to countries delaying buying decisions and India resuming rice exports, Chookiat Ophaswongse, honorary president of the Thai Rice Exporters Association, told reporters. Full-year exports could …
Thai first-quarter rice exports fall 30% annually Read More »
SEOUL (Reuters) -The vice chief of South Korea’s financial regulatory agency said on Monday there is a high likelihood of the country’s stock market being included in a key developed market index in the near future. “We see a very high possibility of being included soon, if not this time,” Kim So-young, vice chairman of …
High chance of S.Korean stocks joining developed market index: regulator Read More »
MANILA (Reuters) -The Philippines’ overall balance of payments position hit a deficit of $2 billion in March from a surplus of $3.1 billion in February, the central bank said on Monday. Cumulative BOP level for the first three months of the year was at a $3 billion deficit. The Philippine central bank has forecast a …
Philippines posts $2 billion balance of payment deficit in March Read More »
By Lewis Jackson and Amy Lv BEIJING (Reuters) -China’s export controls on three metals important across the defence and chip sectors are keeping shipments at historically low levels despite high prices worldwide as Beijing flexes its control over the minerals supply chain. China is the world’s largest producer of antimony, germanium and gallium, which have …
China’s export controls are curbing critical mineral shipments to the world Read More »
By Leika Kihara TOKYO (Reuters) -Japanese Prime Minister Shigeru Ishiba said on Monday Tokyo has no plan to terminate a trade deal struck with the U.S. in 2019, but will keep voicing “grave concern” over inconsistency between the deal and President Donald Trump’s latest automobile tariffs. During Trump’s first term as president, the U.S. and …
Japan to voice concern over US trade deal inconsistency, PM Ishiba says Read More »
By Stefanno Sulaiman and Gayatri Suroyo JAKARTA (Reuters) – Indonesia reported on Monday a $4.33 billion trade surplus in March, more than expected and the widest in four months as shipments beat estimates on strong palm oil and nickel exports as well as a rush to beat the start date for U.S. tariffs. A Reuters …
Indonesia March trade surplus, wider than expected, hits 4-month high Read More »
TOKYO (Reuters) -Bank of Japan Governor Kazuo Ueda will visit Washington from Tuesday through Sunday to attend the G20 finance leaders’ gathering and the annual spring International Monetary Fund meetings, the central bank said on Monday. The meeting will proceed the BOJ’s two-day rate review on April 30-May 1, when the central bank will issue …
BOJ chief Ueda to visit Washington for G20, IMF meetings Read More »
HANOI (Reuters) – Vietnam’s central bank is finalising a report, based on a plan from an unspecified investor, to restructure ailing Saigon Joint Stock Commercial Bank, the lender at the centre of the country’s biggest financial fraud on record, local media reported. Last month, Reuters reported that Vietnam developer Sun Group had proposed a rescue …
Vietnam to finalise restructuring plan for troubled lender SCB, state media says Read More »
