By Leika Kihara TOKYO (Reuters) – The Bank of Japan (BOJ) hopes to maintain its 2% inflation target even if climate change causes long-term shocks to future price developments, Governor Kazuo Ueda said on Saturday. But Ueda said the BOJ will “monitor carefully” how the economic impact of climate change, as well as the fallout …
BOJ hopes to keep 2% inflation target while monitoring climate shock risks Read More »
By Andrew Silver SHANGHAI (Reuters) – The EU does not want a trade war with Beijing but five years of talks have yielded no real progress, the bloc’s ambassador to China said on Saturday, adding that concern was growing over Chinese market access for European medical devices. Trade frictions between the bloc and China have …
EU does not want trade war with Beijing, says bloc’s ambassador to China Read More »
BANGKOK (Reuters) – More than 800 leading Thai economists, including four former governors of the Bank of Thailand, warned on Saturday of political interference in selecting the central bank’s board chairman, saying it could damage long-term economic stability. The government’s nomination of former Finance Minister Kittirat na Ranong, a ruling party loyalist and staunch critic …
Thai ex-central bank governors warn of interference in chairman selection Read More »
TOKYO (Reuters) – The leaders of Japan and Peru will sign a joint statement later this month on cooperation in mineral mining technology, aimed at strengthening their supply chains for critical minerals through Japanese technology, the Nikkei business daily said on Saturday. Japanese Prime Minister Shigeru Ishiba, who plans to visit Peru for the Asia-Pacific …
Japan, Peru to agree on cooperation in mineral mining technology -Nikkei Read More »
By Dhara Ranasinghe and Koh Gui Qing NEW YORK/LONDON (Reuters) -The U.S. S&P 500 zoomed past 6,000 points on Friday to a new record while Treasury yields retreated, as investors again cheered Donald Trump’s decisive victory, although disappointment about China’s latest fiscal support dampened the mood elsewhere. A day after the Federal Reserve delivered a …
S&P 500 blows past 6,000 points on Trump presidency Read More »
(Reuters) -The U.S. Public Company Accounting Oversight Board said on Friday it had revoked the registration of JTC Fair Song CPA Firm because the Chinese company had “repeatedly” violated the agency’s rules and refused to cooperate with a related investigation. The company failed to make required filings over a multi-year period and refused to produce …
US watchdog de-registers Chinese accounting firm, citing repeat violations Read More »
By Mariko Katsumura and Sam Nussey TOKYO (Reuters) – Sony said on Friday its operating profit rose 73% in the July-September quarter, with strong sales in its game and network business helping to offset weakness in the production of television shows. Sony, whose businesses also include music and chips, maintained its profit forecast of 1.31 …
Sony profit jumps as games offset TV production delays Read More »
By Alexandra Alper and David Shepardson WASHINGTON (Reuters) – China hardliners in Congress are calling on the world’s foremost semiconductor equipment makers – KLA, LAM, Applied Materials, Tokyo Electron and ASML – to provide details of their sales to China. Republican John Moolenaar and Democrat Raja Krishnamoorthi sent letters to the companies on Thursday, according …
US lawmakers press top chip equipment makers for details on China sales Read More »
By Casey Hall SHANGHAI (Reuters) – Manolo Blahnik, the high-end shoe brand with many celebrity fans and often worn in the TV hit “Sex and the City”, has opened its first store in mainland China after a 22-year battle over the legal right to use its name. In addition to the new boutique in Shanghai’s …
Luxury shoemaker Manolo Blahnik enters China market after 22-year legal tussle Read More »
MILAN (Reuters) – Italy is checking whether the presence of Sinochem executives on Pirelli’s board is in breach of measures Rome imposed to protect the tyremaker’s autonomy, a senior government official said. The Italian government can use so-called “golden powers” to shield companies deemed as strategic from foreign influence or takeovers. Italy last year took …
Sinochem executives on Pirelli board may be in breach of Italian rules Read More »
