By Andrea Shalal and Steve Holland WASHINGTON (Reuters) – The situation in Sudan could worsen at any moment and Americans should leave within the next 24 to 48 hours, White House spokesperson Karine Jean-Pierre said on Thursday. The administration was deeply concerned by an increase in ceasefire violations in Sudan on Wednesday, and the U.S….
By Byron Kaye and Roushni Nair SYDNEY/BENGALURU (Reuters) – Australian No. 2 supermarket chain Coles Group Ltd on Friday said store price inflation eased in the March quarter as supply chain blockages improved, but flagged a surge of demand as living cost pressures lead to more people eating at home. The trading update from one…
By Leika Kihara TOKYO (Reuters) -The Bank of Japan (BOJ) will discuss on Friday conducting a comprehensive examination of its past monetary easing steps and revise its guidance on the future policy path, the Nikkei newspaper reported. While the central bank is widely expected to keep yield curve control (YCC) steady, any such move could…
MANILA (Reuters) – Philippine annual inflation in April was expected to come in between 6.3% and 7.1%, with downward pressure from lower electricity rates and a decline in prices of fish and vegetables, the central bank said on Friday. Bangko Sentral ng Pilipinas said it “remains prepared to respond appropriately to continuing inflation risks in…
DUBAI (Reuters) – Iran seized a Marshall Islands-flagged oil tanker in the Gulf of Oman in international waters on Thursday, the U.S. Navy said, the latest in a series of seizures or attacks on commercial vessels in sensitive Gulf waters since 2019. Iran’s army said it had seized a Marshall Islands-flagged oil tanker in the…
TOKYO (Reuters) – The Bank of Japan will discuss revising its forward guidance on its future policy path and conduct an examination of its past monetary easing steps, the Nikkei newspaper reported on Friday. The central bank is likely to forgo modifying its yield curve control (YCC) policy at the two-day policy meeting concluding on…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Amidst a deluge of economic indicators across the continent and a screeching U.S. tech sector rally that’s lifting global stock markets, all eyes in Asia will be fixed on one event Friday: the Bank of Japan’s policy meeting….
SAN FRANCISCO (Reuters) – Commercial vehicle maker Daimler Truck on Thursday launched Rizon, a medium-duty electric truck brand for the U.S., aiming to take on the likes of Isuzu Motors Ltd and Toyota Motor Corp’s truck and bus unit Hino Motors Ltd. Truck makers have long anticipated a shift to electric vehicles (EVs) with lower…
SEOUL (Reuters) – The U.S. secretary of commerce and her South Korean counterpart agreed to “minimise uncertainties” of chipmakers’ investments amid new U.S. semiconductor subsidies, Korea’s industry ministry said on Friday. Companies such as Samsung Electronics and SK Hynix, the world’s No. 1 and No. 2 memory chipmakers, are concerned about the criteria for subsidies…
By Nupur Anand and Lananh Nguyen NEW YORK (Reuters) – JPMorgan Chase & Co CEO Jamie Dimon sent a clear message to employees this month: get back to the office. It touched a nerve among his staff. The largest U.S. lender’s employees inundated an internal messaging forum with criticism after its operating committee posted an…
