TOKYO (Reuters) – Bank of Japan (BOJ) Governor Haruhiko Kuroda said on Monday the central bank’s decision last week to widen the allowance band around its yield target was “absolutely not a first step” towards an exit from ultra-loose monetary policy. “Under our yield curve control policy, we will maintain monetary policy accommodative to sustainably…
SEOUL (Reuters) – Samsung Electronics plans to increase chip production capacity at its largest semiconductor plant next year, despite forecasts of an economic slowdown, a South Korean newspaper reported late on Sunday. The move contrasts with the scaling back of investment by rival chipmakers amid falling demand and a glut of chips. Analysts have said…
(Reuters) -Moscow is ready to resume gas supplies to Europe through the Yamal-Europe Pipeline, Russian Deputy Prime Minister Alexander Novak told state TASS news agency. “The European market remains relevant, as the gas shortage persists, and we have every opportunity to resume supplies,” TASS cited Novak as saying in remarks published by the agency on…
(Reuters) -Bloomberg L.P. has no interest in acquiring either Dow Jones or the Washington Post, a Bloomberg L.P. spokesman said in a tweet. “There have been no conversations with anyone or either organization about an acquisition,” spokesman Ty Trippet said in the tweet, which was retweeted by billionaire owner Michael Bloomberg. News website Axios reported…
JERUSALEM (Reuters) – Israel’s banking regulator on Sunday approved a conditional licence and control permit to a group of entrepreneurs to establish a new online bank, the second addition to the highly concentrated banking sector in three years. The Bank of Israel said its banking supervision department had completed the inspection process for the new…
