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Japan Finance Minister Suzuki says FX intervention had certain effects
TOKYO (Reuters) - Japan's Finance Minister Shunichi Suzuki said on Friday that the currency interventions Tokyo conducted last year had certain effects and that he would not rule out any options if cu...
Syndicated Content Sep 21, 2023
Philippines weighing legal options against China over coral reef ‘destruction’
By Neil Jerome Morales MANILA (Reuters) - The Philippines is exploring legal options against China accusing it of destruction of coral reefs within its exclusive economic zone (EEZ) in the South China...
Syndicated Content Sep 21, 2023
US firm AXT says China unit has initial export permits for key chipmaking metals
BEIJING (Reuters) - U.S. semiconductor wafer maker AXT Inc said its Chinese subsidiary Beijing Tongmei had received initial export permits for shipping gallium arsenide and germanium substrates - comp...
Syndicated Content Sep 21, 2023
South Korea asks US to resolve chip trade issues
SEOUL (Reuters) - South Korea on Friday said it has asked the United States to resolve uncertainties regarding U.S. export controls in the chip sector and subsidies for chip investment. Industry Minis...
Syndicated Content Sep 21, 2023
Oil prices rise as supply concerns outweigh demand fears
By Yuka Obayashi TOKYO (Reuters) - Oil prices rose on Friday as concerns that a Russian ban on fuel exports could tighten global oil supply outweighed fears that further possible U.S. interest rate hi...
Syndicated Content Sep 21, 2023
Yen under pressure as US Treasury yields push over-decade peaks
By Rae Wee SINGAPORE (Reuters) - The yen was held at the mercy of soaring U.S. Treasury yields on Friday ahead of a closely watched rate decision by the Bank of Japan (BOJ), while the dollar stood nea...
Syndicated Content Sep 21, 2023
Japan’s factory activity shrinks, service sector growth slows in Sept – PMI
TOKYO (Reuters) - Japan's factory activity contracted for the fourth straight month and the service sector growth slipped to an eight-month low, a survey showed on Friday, highlighting the challenges ...
Syndicated Content Sep 21, 2023
Japan’s Aug inflation stays above BOJ target for 17th month
By Yoshifumi Takemoto and Leika Kihara TOKYO (Reuters) - Japan's core inflation was steady in August and stayed above the central bank's 2% target for a 17th straight month, data showed on Friday, a s...
Syndicated Content Sep 21, 2023
Australia LNG union to accept industrial umpire terms in Chevron dispute-source
SYDNEY (Reuters) - An Australian union has agreed to accept proposals from the country's industrial arbitrator to end disputes at Chevron's two local liquefied natural gas (LNG) projects, and will lik...
Syndicated Content Sep 21, 2023
Euro zone firms finally absorbing wage pressures -ECB’s Lane
NEW YORK (Reuters) - Euro zone companies are finally absorbing wage pressures and the labour market has started to soften, European Central Bank chief economist Philip Lane said on Thursday, suggestin...
Syndicated Content Sep 21, 2023
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