HONG KONG (Reuters) – Hong Kong’s private home prices reversed a 10-month falling streak in March, climbing 1.1% from February, after the financial city lifted curbs to boost the ailing pr[...]
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April 26, 2024
BOJ keeps rates steady, projects inflation staying near 2% in coming years
TOKYO (Reuters) – The Bank of Japan kept interest rates unchanged on Friday and issued fresh estimates projecting inflation to stay near its 2% target in the next three years, signalling its rea[...]
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Beijing city to subsidise domestic AI chips, targets self-reliance by 2027
BEIJING (Reuters) – Beijing city authorities have announced subsidies for firms that purchase domestically produced artificial intelligence (AI) chips, as China seeks to develop its semiconducto[...]
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Inflation in Japan’s capital slows more than expected, slides below BOJ goal
By Leika Kihara TOKYO (Reuters) -Core inflation in Japan’s capital slowed much more than expected in April and fell below the central bank’s 2% target, data showed on Friday, complicating[...]
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Explainer-What would Japanese intervention to boost a weak yen look like?
By Leika Kihara TOKYO (Reuters) -Japanese authorities are facing renewed pressure to combat a sustained depreciation in the yen, as traders drive down the currency on expectations that any further int[...]
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Global economy set to stay on a roll for the rest of the year – Reuters poll
By Hari Kishan BENGALURU (Reuters) – The global economy is likely to carry its solid momentum for the rest of the year and into 2025, defying earlier expectations of a slowdown, according to a R[...]
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South Korea’s public finances no longer a credit rating ‘strength’, Fitch says
By Jihoon Lee SEOUL (Reuters) – South Korea’s public finances are no longer a strength for its sovereign credit rating but are now a neutral factor requiring near-term efforts to contain t[...]
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