TOKYO (Reuters) -The Bank of Japan kept interest rates steady on Tuesday and decided to slow the pace of reduction in its bond purchases from next fiscal year, signalling its preference to move cautiously in normalising still-easy monetary policy. As widely expected, the central bank maintained short-term interest rates at 0.5% by a unanimous vote …
BOJ decides to slow bond taper, keeps rates steady Read More »
By Kirsty Needham SYDNEY (Reuters) -Less than half of working age women are employed across the Pacific Islands due to outdated laws and other barriers, the World Bank said in a new report on Tuesday, and said closing the gender gap could boost economic growth. The World Bank economic update for the Pacific also forecast …
As economic growth slows, Pacific Islands should boost women in jobs, says World Bank Read More »
By Scott Murdoch SYDNEY (Reuters) -Japan’s SoftBank raised $4.8 billion from a sale of 21.5 million T-Mobile shares at $224 each, according to a term sheet reviewed by Reuters. The shares were offered in a price range of $224 to $228 each, the term sheet said. The final price was around a 3% discount to …
SoftBank raises $4.8 billion from T-Mobile share sale, term sheet shows Read More »
(Reuters) -Mitsubishi Corp is in talks to acquire the U.S. shale production and pipeline assets of Aethon Energy Management for roughly $8 billion, a person familiar with the matter said on Monday. A deal would give the Japanese conglomerate a substantial natural gas operation adjacent to the U.S. Gulf coast and the energy export facilities …
Mitsubishi Corp in talks for $8 billion US shale acquisition, source says Read More »
By David Ljunggren KANANASKIS, Alberta (Reuters) -In a surprise move, Canadian Prime Minister Mark Carney said on Monday he had agreed with U.S. President Donald Trump that their two nations should try to wrap up a new economic and security deal within 30 days. The announcement came only a few hours after Canadian officials said …
Carney says he and Trump are aiming for a Canada-US deal inside 30 days Read More »
By David Morgan, Richard Cowan and Andy Sullivan WASHINGTON (Reuters) -U.S. Senate Republicans on Monday unveiled proposed changes to President Donald Trump’s sweeping tax-cut and spending bill that would make some business-related tax breaks permanent while making more limited the deduction for state and local income taxes, angering some colleagues in the House of Representatives. …
US Senate Republicans change Trump tax-cut bill, setting conflict with House Read More »
QUITO (Reuters) -Ecuador’s mining ministry announced on Monday the launch of a new registry of concessions for the first time in seven years in an effort to attract more mining projects to the South American country and curb illegal operations. The prior registry was shut down in 2018 over concerns of irregularities in the concession …
Ecuador reopens mining concession registry after seven years Read More »
By Chuck Mikolajczak NEW YORK (Reuters) -U.S. stocks closed higher on Monday, as oil prices retreated after the Israel-Iran attacks left crude production and exports unaffected, easing investor concerns about the potential for higher energy prices to stoke inflation. Crude prices settled down more than 1% on hopes a truce was on the horizon between …
Equities end higher as oil prices pull back on truce hopes Read More »
(Reuters) -Shares of U.S. solar energy companies tumbled in extended trade on Monday after Republicans who control the U.S. Senate Finance Committee unveiled changes to President Donald Trump’s sweeping tax-cut and spending bill that would phase out solar, wind and energy tax credits by 2028. Shares of Enphase Energy, which makes solar inverters, dropped 15% …
Senate committee’s changes to tax bill slam US solar stocks Read More »
By Helen Coster (Reuters) -Prominent podcasters like Joe Rogan are playing a bigger role in news dissemination in the United States, as are AI chatbots, contributing to the further erosion of traditional media, according to a report released on Tuesday. In the week following the January 2025 U.S. presidential inauguration, more Americans said they got …
