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10 Jun

Dollar takes breather ahead of U.S. inflation test

The dollar edged off a two-week high on the euro on Friday, ahead of inflation data that should guide the Federal Reserve's policy tightening path, and after the European Central Bank said it would start its rate-hike campaign next month.

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10 Jun

Japan repeats warning on sliding yen, keeps mum on FX intervention chance

TOKYO (Reuters) -Japanese Finance Minister Shunichi Suzuki on Friday refrained from commenting on the possibility of government intervention in the foreign exchange market to stem a weak yen, while maintaining his warning against any rapid fluctuations.

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10 Jun

South Korean truckers broaden strike action to chips; Hyundai output slides

South Korean truckers embarked on broader and more aggressive strike action on Friday, threatening to severely curtail shipments of raw materials for semiconductors and petrochemical products.

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10 Jun

Defying global surge, China's factory inflation hits 14-month low

BEIJING (Reuters) -China's factory-gate inflation cooled to its slowest pace in 14 months in May, depressed by weak demand for steel, aluminium and other key industrial commodities due to tight COVID-19 curbs and bucking the global trend of rapidly accelerating prices.

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10 Jun

Japan business community seeks further relaxation of border controls

TOKYO (Reuters) -Japan's business community issued a joint statement on Friday seeking further relaxation of border controls, as the country begins a gradual easing of COVID-19 travel restrictions.

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10 Jun

Tesla cancels three June online hiring events for China

Tesla Inc has cancelled three online recruitment events for China scheduled this month, the latest development after Chief Executive Elon Musk threatened job cuts at the electric car maker, saying it was "overstaffed" in some areas.

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10 Jun

China's producer inflation eases to 14-month low in May

China's factory-gate inflation cooled to its slowest pace in 14 months in May, official data showed on Friday, depressed by weak demand for steel, aluminium and other key industrial commodities due to tight COVID-19 curbs.

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Latest Articles

  • China receives US equipment to make advanced chips despite new rules - report
  • China receives US equipment to make advanced chips despite new rules-report
  • U.S. Treasury yields have peaked, say strategists for fourth straight month: Reuters poll
  • Google's expert in US antitrust trial defends billions paid to device makers
  • Post-strike Hollywood rushes to get film, TV sets humming

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