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BOJ ramps up battle to defend yield cap in 2nd day of intervention
By Leika Kihara TOKYO (Reuters) - The Bank of Japan on Tuesday kept up its relentless quest to defend a key yield cap by offering to buy unlimited amounts of 10-year government bonds, putting even mor...
Mar 28, 2022
Shanghai to roll out policies to support economy during COVID battle
SHANGHAI (Reuters) - China's Shanghai on Tuesday said it would roll out policies to help firms cope with a surge in COVID-19 cases in the city, including offering tax refunds, exempting rents and enco...
Mar 28, 2022
Australia budget has cost-of-living mountain to climb to sway voters
By Wayne Cole SYDNEY (Reuters) - Australia's government is hoping to use budget goodies to offset cost of living pressures for disgruntled voters ahead of an election expected in May, but the consumer...
Mar 28, 2022
Geopolitics has hurt trading and IPOs in Hong Kong, says bourse CEO
HONG KONG (Reuters) - A "fragile" geopolitical environment has slowed trading volumes and initial public offerings on the Hong Kong stock exchange and created challenges for its commodities business, ...
Mar 28, 2022
Japan policymakers warn against rapid yen weakening
By Tetsushi Kajimoto TOKYO (Reuters) - Japan will carefully watch foreign exchange market moves to avoid "bad yen weakening", Minister of Finance Shunichi Suzuki said on Tuesday, as Tokyo tries to nav...
Mar 28, 2022
Yen on the ropes as BOJ defends yield target
By Tom Westbrook SINGAPORE (Reuters) - The yen fought for a footing on Tuesday, following its worst session in 16 months, as the Bank of Japan pins down bond yields at a time when they are rising shar...
Mar 28, 2022
Australian retail sales jump in Feb, augur well for Q1 growth
By Wayne Cole SYDNEY (Reuters) - Australian retail sales beat forecasts again in February as shoppers defied storms and coronavirus waves to return to cafes and department stores for the second-best m...
Mar 28, 2022
BOJ policymakers saw need for easy policy despite rising prices – March meeting summary
By Leika Kihara TOKYO (Reuters) - Bank of Japan policymakers stressed the need to keep monetary policy ultra-loose, even as some of them saw signs of growing inflationary pressure from the Ukraine cri...
Mar 28, 2022
U.S. FTC accuses Intuit of deceptively advertising free tax filing
WASHINGTON (Reuters) - The U.S. Federal Trade Commission asked a court on Monday to issue an order stopping Intuit, the owner of TurboTax tax preparation software, from deceptively advertising free ta...
Mar 28, 2022
U.S. House riot panel recommends contempt charge for two more ex-Trump aides
By Patricia Zengerle WASHINGTON (Reuters) - The U.S. congressional committee probing the deadly Jan. 6, 2021, assault on the Capitol voted unanimously on Monday to seek "contempt of Congress" charges ...
Mar 28, 2022
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