TOKYO (Reuters) – Japan’s nationwide consumer price inflation likely hit a fresh 40-year high in November, as firms increasingly passed…
Biden blacklists China’s YMTC, crackdowns on AI chip sector
By Alexandra Alper WASHINGTON (Reuters) -The Biden administration on Thursday added Chinese memory chipmaker YMTC and 21 “major” Chinese players…
Philippines central bank chief flags more rate hikes to tame inflation – Bloomberg TV
MANILA (Reuters) – The Philippines central bank will likely have to continue raising rates at its next two meetings to…
Thai economy continues to recover but faces more challenges – central bank
BANGKOK (Reuters) – Thailand’s economy continues to recover, but faces more challenges with policy priorities to ensure a continued rebound,…
As Kuroda bows out, Bank of Japan’s rising hawks eye end to unloved yield cap
By Leika Kihara TOKYO (Reuters) – As Haruhiko Kuroda’s decade helming Japan’s central bank nears an end, more of his…
Foreign investors cut Chinese bonds for 10th straight month in Nov
SHANGHAI (Reuters) – Foreign investors continued to offload holdings in China’s onshore bonds for a 10th straight month in November,…
Toshiba says aims to reach deal with potential partners soon as possible
TOKYO (Reuters) – Japan’s Toshiba Corp, which is in talks about a buyout, said in a letter to shareholders on…
Japan Dec factory activity contracts at fastest pace in 26 months
TOKYO (Reuters) – Japan’s manufacturing activity shrank at the fastest pace in more than two years in December on soft…
Chinese firms avert delisting as U.S. audit watchdog gets full inspection access
By Chris Prentice, Xie Yu and Susan Heavey NEW YORK/HONG KONG/WASHINGTON (Reuters) -The U.S. accounting watchdog on Thursday said it…
Electric vehicles confront the leap to the mass market
By Joseph White DETROIT (Reuters) – The past year was sobering for investors who poured money into Tesla Inc and…