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Weak growth, inflation to keep BOJ an outlier with dovish policy tone
By Leika Kihara TOKYO (Reuters) - The Bank of Japan is set to keep monetary policy ultra-loose on Friday and warn of heightening economic risks from the Ukraine crisis, unfazed by prospects of rising ...
Syndicated Content Mar 14, 2022
Reliance buys assets of battery maker Lithium Werks in clean energy, transport push
By Aditi Shah NEW DELHI (Reuters) - Indian refining giant Reliance Industries has acquired the assets of battery maker Lithium Werks for $61 million, its second such deal in less than three months, as...
Syndicated Content Mar 14, 2022
Tesla increases prices of some China-made vehicles by about 5%
BEIJING (Reuters) - Tesla Inc raised prices by about 5% on Tuesday for some of its China-made Model 3 and Model Y products, the website of the U.S. electric vehicle maker showed, in its second such hi...
Syndicated Content Mar 14, 2022
Amazon accuses India’s Future, Reliance of ‘fraud’ in newspaper ads
NEW DELHI (Reuters) - Amazon.com Inc on Tuesday took out ads in Indian newspapers that accuse Future Retail and Reliance of "fraud" after Reliance took over many of Future's stores. Amazon has been co...
Syndicated Content Mar 14, 2022
Fashion magnate Maezawa takes stake in ‘affectionate’ robot venture
By Makiko Yamazaki and Sam Nussey TOKYO (Reuters) - A Japanese state-backed fund said on Tuesday it sold its entire stake in robotics startup Groove X, which makes an "affectionate" companion robot, t...
Syndicated Content Mar 14, 2022
As Russia risks default, country sends order for coupon payments
(Reuters) - The Russian Finance Ministry said on Monday it has sent an order to a correspondent bank for the payment of coupons on eurobonds amounting to $117.2 million, a signal to markets waiting to...
Syndicated Content Mar 14, 2022
Japan’s finance minister calls for ‘stable’ moves as yen weakens
By Tetsushi Kajimoto and Leika Kihara TOKYO (Reuters) -Japan's government will closely watch exchange-rate moves as market stability was "very important," Finance Minister Shunichi Suzuki said on Tues...
Syndicated Content Mar 14, 2022
Economic impact of China’s COVID resurgence must be watched – statistics bureau
BEIJING (Reuters) - China has seen increasing positive changes in its economic performance backed up by surprisingly good economic data, but the impacts of the latest COVID-19 resurgence need to be wa...
Syndicated Content Mar 14, 2022
China’s central bank unexpectedly keeps medium-term policy rates unchanged
SHANGHAI (Reuters) -China's central bank kept some of its policy rates unchanged in a liquidity operation on Tuesday, dashing expectations for a cut, although investors believe policymakers may resume...
Syndicated Content Mar 14, 2022
China Jan-Feb industrial output, retail sales, investment beat forecasts
BEIJING (Reuters) - China's factory output unexpectedly picked up pace in the first two months of the year while retail sales beat expectations, even though the country is grappling with a surge in CO...
Syndicated Content Mar 14, 2022
Peoria, IL, USA
38 °F Partly cloudy
