By Gregor Stuart Hunter and Rae Wee SINGAPORE (Reuters) -A stubbornly weak yen has Japan on the cusp of intervening in the currency market for the third time in roughly as many years, but analysts say it’s likely to be ineffective and authorities must tread carefully to avoid triggering a fresh selloff. Confounding expectations of …
Analysis-Yen intervention looms large, but it may not work Read More »
By Leika Kihara and Makiko Yamazaki TOKYO (Reuters) -Japan on Friday escalated its warning of currency intervention and the central bank governor signalled the chance of a near-term interest rate hike, as authorities sought to combat unwelcome yen falls blamed for pushing up the cost of living. The yen is down around 6% since Prime …
Japan ramps up warning of yen intervention, chance of near-term rate hike Read More »
By Thanadech Staporncharnchai and Orathai Sriring BANGKOK (Reuters) -Thailand’s economic stability is underpinned by strong financial and fiscal fundamentals, and government stimulus measures will give growth a boost in the final quarter of 2025, the finance minister said on Friday. Inflation and unemployment were both under 1%, Ekniti Nitithanprapas told a business forum, and public …
Thai government says stimulus will lift GDP in Q4 but strong baht remains a concern Read More »
By Joe Cash and Tim Kelly BEIJING/TOKYO (Reuters) -Trade cooperation between China and Japan has been “severely damaged”, the Chinese commerce ministry said on Thursday, urging the Japanese prime minister to retract her comments on Taiwan or face the consequences. A diplomatic spat between China and Japan has intensified since Sanae Takaichi told parliament on …
China says trade cooperation with Japan ‘severely damaged’ by Taiwan comments Read More »
TOKYO (Reuters) -Reflationist advisers of Japan’s new prime minister Sanae Takaichi will speak on a panel hosted by Keidanren on December 17 on the new administration’s strategy to strengthen the economy, the business lobby said on Friday. The event will be held a day before the Bank of Japan’s two-day policy meeting on December 18 …
Japan premier’s advisers will speak at business event before BOJ meeting Read More »
By Emily Chow and Florence Tan SINGAPORE (Reuters) -Singapore’s new state gas buyer GasCo will seek offers in the first quarter for liquefied natural gas term supply for delivery from 2028 to meet an expected supply gap in the country, its chief executive said. The company was set up earlier this year to centralise Singapore’s …
Singapore GasCo to seek LNG offers in Q1 2026 for supply from 2028 Read More »
By Jaspreet Kalra MUMBAI (Reuters) -The Indian rupee firmed slightly on Friday, tracking mild gains across Asian currencies and aided by interbank dollar sales, with traders pointing to a pickup in exporter hedging. The rupee was last at 88.6350 per U.S. dollar as of 10:20 a.m. IST, compared with 88.7050 in the previous session. Regional …
Rupee drifts higher tracking Asia FX, buoyed by interbank dollar offers Read More »
By Rajendra Jadhav and Brijesh Patel (Reuters) -Physical gold demand across major Asian markets remained weak this week, as volatility in rates deterred potential buyers from making purchases. This week, Indian dealers were offering a discount of up to $21 per ounce compared with official domestic prices, including 6% import and 3% sales levies, down …
Price volatility saps bullion demand in top Asian hubs Read More »
TAIPEI (Reuters) -Foxconn Chief Strategy Officer Jun Seki on Friday showcased the company’s “Model A” electric vehicle at the Taiwan contract chip manufacturer’s tech day in Taipei. (Reporting by Wen-Yee Lee in Taipei; Editing by Anne Marie Roantree and Jamie Freed)
(Corrects to show deal is with Mitsubishi Fuso Truck and Bus, not Mitsubishi Motors, in paragraph 3 and bullet point 1. Corrects to show representative was from Mitsubishi Fuso, not Mitsubishi Motors, in paragraph 6. Removes Reuters Instrument Code of Mitsubishi Motors.) By Stefanno Sulaiman JAKARTA (Reuters) -Indonesia’s state-led Agrinas Pangan Nusantara is negotiating the …
