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22 Apr

China ready to support small firms amid COVID outbreaks - central bank governor

BOAO, China (Reuters) -People's Bank of China Governor Yi Gang vowed on Friday to maintain price stability amid high global inflationary pressure and said monetary policy will focus on supporting small firms and vulnerable groups hit by COVID-19 outbreaks.

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22 Apr

S.Korea first-quarter growth likely slowed sharply by COVID curbs

BENGALURU (Reuters) -South Korea's economic growth likely slowed significantly in the first quarter as restrictions imposed to prevent the spread of COVID-19 slammed the brakes on consumer spending, a Reuters poll found.

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22 Apr

Japan March consumer prices rise at fastest pace in over 2 years

TOKYO (Reuters) -Japan's core consumer prices rose at the fastest pace in more than two years in March, raising worries higher energy and food costs could increasingly take a toll on households' purchasing power.

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22 Apr

Bank of Canada not ruling out larger rate increases to fight inflation

TORONTO (Reuters) -The Bank of Canada could consider a larger rate increase than the half-point move it made last week, as the central bank grapples with reining in inflation which is at a 31-year high, Governor Tiff Macklem said on Thursday.

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22 Apr

Honda developing three new electric vehicle platforms by 2030 -executive

Honda Motor Co plans to build millions of electric vehicles (EV) by 2030 using three new dedicated platforms, with one to be jointly developed with U.S. partner General Motors Co, a top executive at the Japanese automaker said.

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22 Apr

Oil prices on track for near 4% weekly decline on demand concerns

Oil prices fell on Friday, heading for a drop of nearly 4% for the week, burdened by the prospect of rate hikes, weaker global growth and COVID-19 lockdowns in China hurting demand, even as the European Union weighed a ban on Russian oil.

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22 Apr

Toshiba shares jump after Japanese conglomerate opens door to buyout

Shares of Toshiba Corp jumped more than 3% on Friday, after the Japanese conglomerate said it would solicit deal offers, including on a potential buyout, bolstering hopes of a lucrative exit for its hedge fund investors.

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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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