Reuters Asia Business

TOKYO (Reuters) – Japan’s industrial output likely rebounded in September, led by a recovery in auto production, but sustained solid growth may be uncertain on lacklustre global demand, a Reuters poll showed on Friday. Industrial output was forecast to rise 1.0% in September from the previous month, the poll of 17 analysts found. It dropped …

Japan factory output likely rebounded in Sept on auto production recovery: Reuters poll Read More »

By Leika Kihara WASHINGTON (Reuters) – The Bank of Japan is set to maintain ultra-low interest rates next week, and probably signal a less dovish policy outlook due to receding fears of U.S. recession – and the need to keep speculators from pushing down the yen too much. Since ending a decade-long, radical stimulus programme …

BOJ may offer less dovish signs as US recession fears ease, rates on hold Read More »

By Orathai Sriring, Kitiphong Thaichareon, Thanadech Staporncharnchai BANGKOK (Reuters) -Thailand’s current inflation target range of 1% to 3% has “served pretty well” and should not be changed, a deputy central bank governor told Reuters on Thursday, as the government pushes for a higher price target to boost economic activity. Inflation is low and well anchored, …

Thai cbank sees no need for inflation target change, no easing cycle ahead Read More »

SEOUL (Reuters) – Shares of Korea Zinc hit on Friday a fresh all-time high after rising by as much as 29%, extending gains on the bet the company faces a lengthy takeover battle for a controlling stake in the world’s biggest zinc smelter. Korea Zinc’s top shareholder Young Poong and private equity fund MBK Partners …

Korea Zinc shares hit record highs ahead of tender offer outcome Read More »

By Kiyoshi Takenaka and Irene Wang TOKYO (Reuters) – Taisei Hikage is fighting a losing battle at his Tokyo ramen shop – not to attract customers, but to keep a lid on the price he charges for Japan’s national comfort food in the face of an incessant rise in ingredient and fuel costs. Since opening …

Japan’s rising ramen prices give election voters food for thought Read More »

By Leika Kihara WASHINGTON (Reuters) -Japanese Finance Minister Katsunobu Kato and U.S. Treasury Secretary Janet Yellen discussed recent exchange-rate moves, among other topics, in a bilateral meeting held on Thursday, a senior Japanese finance ministry official said. “The two sides discussed exchange-rate moves, and confirmed the need for the United States and Japan to communicate …

Japan, US finance chiefs discussed FX moves in bilateral meeting, official says Read More »