TOKYO (Reuters) -The Bank of Japan (BOJ) will proceed cautiously with inflation-targeting frameworks, Governor Kazuo Ueda said on Monday, noting that some challenges are “uniquely difficult[...]
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May 27, 2024
Analysis-In China, Starbucks tries to avoid price war but gets dragged into discounting
By Casey Hall and Sophie Yu SHANGHAI (Reuters) – As Starbucks faces stiff competition for its brew in China from fast-growing, low-cost rivals who have chipped into its market share, the coffee[...]
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Analysis-‘Asset famine’ in China curbs central bank’s bond trading ambitions
By Kevin Yao and Samuel Shen BEIJING/SHANGHAI (Reuters) – A scarcity of low-risk assets in China’s financial sector is obstructing the central bank’s plans to make its monetary polic[...]
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China’s industrial profits rise 4.3% in Jan-April, unchanged from Q1
BEIJING (Reuters) – Profits at China’s industrial firms rose 4.3% in the first four months from the same period last year, official data showed on Monday. The jump followed a 4.3% increase[...]
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