Category Archives:
Japan exports grow unexpectedly on solid car sales, global demand still uneven
By Tetsushi Kajimoto and Kantaro Komiya TOKYO (Reuters) -Japan's exports grew unexpectedly in May on robust car sales, though the rate of expansion slowed to a crawl as inflation and rising interest r...
Jun 14, 2023
Japan govt says volatile forex market ‘undesirable’
TOKYO (Reuters) - Japan's top government spokesperson said on Thursday that volatile moves in the currency markets were undesirable and that authorities were closely watching the market and ready to t...
Jun 14, 2023
China’s economy slows further in May as weak demand drags
BEIJING (Reuters) - China's economy stumbled in May, data showed on Thursday, with industrial output and retail sales growth both missing forecasts, adding to expectations that Beijing will have to qu...
Jun 14, 2023
Tentative U.S. West Coast port contract deal reached, union and employers say
(Reuters) - The Longshore union and employers of 22,000 dockworkers at U.S. West Coast ports on Wednesday said they have reached a tentative deal on a new six-year contract covering workers at all 29 ...
Jun 14, 2023
Goldman cutting more than 30 Asia investment banking jobs – sources
HONG KONG (Reuters) - Goldman Sachs Group is cutting more than 30 banking jobs in Asia, two sources with knowledge of the matter said, as a challenging markets environment weighs on Wall Street banks'...
Jun 14, 2023
Australia May employment blows past expectations, piling pressure on RBA
By Stella Qiu SYDNEY (Reuters) - Australian employment blew past expectations in May, while the jobless rate edged lower and participation rate climbed to a fresh record high, an extraordinarily stron...
Jun 14, 2023
Dollar rallies in Asia after Fed signals rate hikes; yuan, kiwi slide
By Rocky Swift TOKYO (Reuters) - The U.S. dollar rallied in Asian trading on Thursday after the Federal Reserve signalled rate hikes later in the year, while China's and New Zealand's currencies fell ...
Jun 14, 2023
Stocks stall as US rates seen higher for longer
By Tom Westbrook SINGAPORE (Reuters) - Asian stocks braked around two-month highs on Thursday, while the dollar nursed modest losses, after the U.S. Federal Reserve chose not to hike interest rates fo...
Jun 14, 2023
China’s Jan-May property investment, sales fall at faster pace
BEIJING (Reuters) - Property investment in China fell at a faster pace in January-May, dropping 7.2% from the same period a year earlier, official data showed on Thursday, adding to concerns about the...
Jun 14, 2023
China’s May factory output, retail sales growth miss expectations
BEIJING (Reuters) - China's industrial output rose 3.5% in May from a year earlier, official data showed on Thursday, slightly missing expectations, as faltering demand at home and abroad adds pressur...
Jun 14, 2023
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