By Leika Kihara TOKYO (Reuters) – The Bank of Japan (BOJ) will likely raise its inflation forecasts next week and debate whether further steps are needed to address market distortions it sought[...]
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January 12, 2023
KFC franchisees in Russia ask govt to halt sale of stores to local operator – RIA
MOSCOW (Reuters) – A number of KFC franchisees in Russia have asked the government to stop the sale of the Yum! Brands restaurant business to the local operator, the RIA news agency said, citing[...]
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Uniqlo parent Fast Retailing says profit slid 2% in first quarter
TOKYO (Reuters) – Japan’s Fast Retailing Co, owner of clothing brand Uniqlo, reported on Thursday that first quarter earnings had slid 2% following last year’s record figure. A day a[...]
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Billionaire urges overhaul of collapsed Australia-Asia solar mega project
By Sonali Paul MELBOURNE (Reuters) – Iron ore magnate Andrew Forrest called on Thursday for an overhaul of a $20 billion-plus project to send solar power from Australia to Singapore, which colla[...]
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Listing hopefuls on Beijing bourse slash floor IPO prices
SHANGHAI (Reuters) – A growing number of listing applicants on the Beijing Stock Exchange are slashing the floor prices of their planned initial public offerings (IPOs), as the pandemic-hit comp[...]
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South Korea seeks to improve foreign access to its markets
By Jihoon Lee SEOUL (Reuters) -South Korea will unveil a range of measures in the coming months to open its domestic financial markets, including plans to extend trading hours on the foreign exchange[...]
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China consumer inflation accelerates in Dec; PPI falls with soft demand
BEIJING (Reuters) – China’s annual consumer inflation rate accelerated in December, driven by rising food prices even as domestic demand wavered amid restrained economic activity. Economis[...]
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China’s exports seen cooling further in December on weak global demand, COVID woes- Reuters poll
BEIJING (Reuters) – China’s export and imports are expected to have continued to struggle over December, due to the spread of COVID-19 in the country disrupting production lines and waning[...]
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Marketmind: RIP YCC?
By Wayne Cole SYDNEY (Reuters) – A look at the day ahead in European and global markets from Wayne Cole. The main surprise in Asia was provided by a Yomiuri newspaper report that the Bank of Jap[...]
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