TOKYO (Reuters) -Toshiba Corp said on Friday it had delayed board director nominations ahead of the annual shareholders meeting in June as it needed more time to finalise the candidates. The Japanese industrial conglomerate is in the process of ascertaining whether there were any conflict-of-interest issues for some candidates, causing the delay, a source familiar…
By Rozanna Latiff and Mei Mei Chu KUALA LUMPUR (Reuters) – Malaysia’s economic growth picked up pace in the first quarter on recovering demand and a stronger labour market as the global economy rebounds from the coronavirus pandemic, the central bank said on Friday. Gross domestic product rose 5% in the January-March period, faster than…
By Leika Kihara TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda said on Friday the central bank will maintain its dovish guidance on the future path of interest rates for the time being, as the coronavirus pandemic continues to weigh on the fragile economy. Under the current forward guidance, the BOJ says it “won’t…
TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda said on Friday an expected, near-term rise in inflation would lack sustainability as it will be driven mostly by energy costs, stressing the need to keep monetary policy ultra-loose. “For inflation to heighten as a trend, Japan must see a shift from inflation caused by energy…
