By Kantaro Komiya TOKYO (Reuters) – Japan’s real wages fell in January after two months of slight gains, data showed on Monday, days before the annual rounds of pay negotiations held each spring culminate at the country’s major firms. Despite regular pay rising the most in more than 30 years and overtime pay increasing, lifting …
Japan’s real wages drop in January, spring wage talks in focus Read More »
By Rajendra Jadhav, Bernadette Christina and Ashley Tang KUALA LUMPUR/JAKARTA (Reuters) – Prices of cooking oil could be buoyed up for years by stagnating production and a biodiesel push in top producer Indonesia that are making traditionally cheap palm oil costlier, eliminating an advantage that also curbed prices of rival oils. Used in everything from …
Analysis-The end of cheap palm oil? Output stalls as biodiesel demand surges Read More »
By Doina Chiacu WASHINGTON (Reuters) -President Donald Trump declined to predict whether the U.S. could face a recession amid stock market concerns about his tariff actions on Mexico, Canada and China over fentanyl. The Republican president, whose trade policies have rekindled fears of worsening U.S. inflation, was asked if he expected a recession this year …
Trump won’t predict whether recession could result from his tariff moves Read More »
(Reuters) – Artisan Partners, a U.S.-based investor in Seven & i Holdings, on Sunday opposed the Japanese retailer’s CEO succession plan and urged the company to reconsider a takeover offer, according to a letter to the board. Last week, the 7-Eleven convenience store operator named Stephen Dacus as CEO to lead its recovery and respond …
Artisan Partners opposes Japan retailer Seven & i’s CEO choice Read More »
By Kevin Yao, Joe Cash and Ellen Zhang BEIJING (Reuters) -China’s property sector is showing positive changes and market confidence is improving, its housing minister said on Sunday, as policymakers try to set a more optimistic tone for the economy this year in the face of mounting U.S. trade pressure. The comments come after several …
China’s property sector is showing positive changes, minister says Read More »
BEIJING (Reuters) – China will step up resources and funding to support employment and unveil new policies to help college graduates get jobs, as the external environment could become more complex and severe, human resources minister said on Sunday. China faces an arduous task to stabilise and expand employment in 2025, minister Wang Xiaoping said, …
China pledges more resources to support employment Read More »
BEIJING (Reuters) -China’s consumer price index in February missed expectations and fell at the sharpest pace in 13 months, while producer price deflation persisted, as seasonal demand faded and households remained cautious about spending amid job and income worries. Beijing last week vowed greater efforts to boost consumption in the face of an escalating trade …
China’s deflationary pressures deepen in February Read More »
By Joe Cash, Mei Mei Chu and Yukun Zhang BEIJING (Reuters) -China announced tariffs on over $2.6 billion worth of Canadian agricultural and food products on Saturday, retaliating against levies Ottawa introduced in October and opening a new front in a trade war largely driven by U.S. President Donald Trump’s tariff threats. The levies, announced …
China hits back at Canada with fresh agriculture tariffs Read More »
KARACHI (Reuters) – China rolled over a $2 billion loan to Pakistan, the adviser to the finance minister of Pakistan, Khurram Schehzad, told Reuters in a text message on Saturday. Pakistan is working to strengthen its finances after securing a $7 billion International Monetary Fund bailout in September 2024. The first installment of the loan …
(Reuters) – Authorities in two Russian regions have blocked the Telegram messenger because of concerns that the app could be used by enemies, a regional digital development minister was quoted as saying by the TASS state news agency on Saturday. Dagestan and Chechnya are mainly Muslim regions in southern Russia where intelligence services have registered …
Two Russian regions block Telegram app over security fears Read More »
