MADRID (Reuters) – The European Central Bank will not revise its mid-term price stability goal of 2% as that would…
Ex-BOJ Nakaso sees Japan lagging in exiting stimulus due to weak economy, wages
TOKYO (Reuters) – The Bank of Japan is continuing large-scale monetary stimulus as the economy has not fully recovered from…
Analysis-EU unity over Russia sanctions falters as Europe’s economy wilts
By John O’Donnell BRUSSELS (Reuters) – European Union unity over sanctions on Russia has started to falter as jitters about…
Germany set to assume $230 billion in Uniper derivatives
By John O’Donnell and Christoph Steitz FRANKFURT (Reuters) -After setting aside almost half a trillion dollars to date tackling its…
Foxconn fine for unauthorised China investment likely to be imposed soon – source
TAIPEI (Reuters) – Foxconn, the world’s largest contract electronics maker, is likely to be fined soon by Taiwan’s government for…
BOJ may unwind ultra-easy policy in 2023, nearly half of economists say: Reuters poll
By Kantaro Komiya TOKYO (Reuters) – The Bank of Japan (BOJ) could unwind its ultra-loose monetary policy between March and…
Philippines extends tariff cuts on imported rice, other food items to fight inflation
MANILA (Reuters) – Philippine President Ferdinand Marcos Jr has approved the recommendation of the economic ministry to extend up to…
Intel delaying German factory start, wants more subsidies, Volksstimme reports
BERLIN (Reuters) – Intel Corp has backed away from its original target of opening a chip factory in the eastern…
Iranian oil workers protest for higher wages -social media
DUBAI (Reuters) -Groups of oil workers held protests in southern Iran on Saturday, demanding higher wages and retirement bonuses, according…
Sunak scraps Energy Supply Taskforce introduced by Truss- Sky News
(Reuters) – British Prime Minister Rishi Sunak is scrapping Lizz Truss’s Energy Supply Taskforce plan introduced in September, Sky News…