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Japan PM Kishida says debate on capital gains tax still on
TOKYO (Reuters) - Japanese Prime Minister Fumio Kishida said on Friday that his government continued to debate capital gains tax as "one of the issues". The debate on whether to adopt the taxation has...
May 26, 2022
Japan Apr factory output seen posting first fall in 3 months on China lockdown – Reuters poll
TOKYO (Reuters) - Japan's factory output likely fell in April for the first time in three months as some manufacturers took a hit from strict COVID-19 lockdowns in Shanghai and other industrial centre...
May 26, 2022
Dollar sinks to one-month low amid easing Fed rate hike bets
By Kevin Buckland TOKYO (Reuters) - The U.S. dollar sank to a one-month low versus major peers on Friday as traders lowered Federal Reserve rate hike expectations amid signs the central bank might slo...
May 26, 2022
POSCO Chemical plans to invest in $633 million battery materials plant with GM
SEOUL (Reuters) - South Korea's POSCO Chemical Co Ltd said on Friday it plans to invest in a $633 million battery cathode materials plant in Canada with U.S. automaker General Motors Co (GM). The Sout...
May 26, 2022
White House welcomes Fiji to its Indo-Pacific economic plan
WASHINGTON (Reuters) - Fiji is joining U.S. President Joe Biden's Indo-Pacific Economic Framework (IPEF), the White House said on Thursday, making it the first Pacific Island country in the plan that ...
May 26, 2022
Asia shares join global rebound as Fed hike fears ease, China tech boost
By Stella Qiu and Kevin Buckland BEIJING/TOKYO (Reuters) - Asian shares extended overnight global gains thanks to strong results from regional tech firms and U.S. retailers, while investors also took ...
May 26, 2022
Japan remains top creditor nation as net external assets grow
TOKYO (Reuters) - Japan's net external assets hit a record amount in 2021, retaining its position as the top creditor for 31 years in a row, the Ministry of Finance (MOF) said on Friday, likely bolste...
May 26, 2022
China’s industrial profit falls sharply in April amid COVID curbs
BEIJING (Reuters) - Profits at China's industrial firms fell at their fastest pace in two years in April as high raw material prices and supply chain chaos caused by COVID-19 curbs squeezed margins an...
May 26, 2022
Australia retail sales rise 0.9% to record high in April
SYDNEY (Reuters) - Australian retail sales climbed to record highs in April as consumers spent big for the holidays, though surging inflation and rising interest rates are steadily sapping spending po...
May 26, 2022
BOJ Kuroda says Japan inflation to stay around 2% for a year
TOKYO (Reuters) - Bank of Japan (BOJ) Governor Haruhiko Kuroda said on Friday the country's core consumer inflation will likely remain around the central bank's 2% target for 12 months unless energy p...
May 26, 2022
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