(Corrects to restore dropped word in first paragraph) SINGAPORE (Reuters) – Singapore’s private property prices rose in the first quarter, official data showed on Friday, slightly higher than the flash estimate, reinforcing a months-long robust demand that has forced authorities to introduce tough new cooling measures. Singapore’s private residential property price index rose 3.3%% in…
TOKYO (Reuters) – Japan will invite some emerging nations to an outreach meeting at the Group of Seven advanced countries Japan chairs next month in the city of Niigata, Finance Minister Shunichi Suzuki said on Friday. The countries whose finance leaders will be invited to attend the outreach meeting include India, Indonesia, South Korea, Singapore…
WASHINGTON (Reuters) – Federal Trade Commission Chair Lina Khan met with the heads of other antitrust enforcers, including Britain’s, last week but no mergers were discussed, according to an FTC official who spoke amid allegations the FTC and UK are working together to block Microsoft’s bid for Activision. On Wednesday, Britain’s Competition and Markets Authority…
SEOUL (Reuters) – South Korea’s factory output jumped in March by the fastest rate in nearly three years and beat economists’ expectations, official data showed on Friday. The country’s industrial output grew 5.1% in March from a month before, on a seasonally adjusted basis, after a 2.7% fall in February. It was the fastest monthly…
By Takaya Yamaguchi and Leika Kihara TOKYO (Reuters) -Core consumer inflation in Japan’s capital beat expectations in April and an index stripping away fuel costs rose at the fastest pace in four decades, highlighting the challenge the new central bank chief faces in keeping ultra-low interest rates. The data comes hours before the Bank of…
By Nathan Layne MANCHESTER, New Hampshire (Reuters) -Donald Trump said on Thursday that if he wins the 2024 presidential election, he will order the Justice Department to investigate “radical” county and state prosecutors whom he accused, without evidence, of targeting conservatives. In a campaign speech, the former president, who faces multiple criminal investigations, said the…
By Leika Kihara TOKYO (Reuters) -Japan’s new central bank governor Kazuo Ueda will see his communication skills put to test at his debut policy meeting on Friday, as markets look for clues on how soon the country’s prolonged ultra-low interest rates could end. At the meeting Ueda chairs just three weeks into his term, the…
By Chavi Mehta, Stephen Nellis and Jane Lanhee Lee (Reuters) -Chipmaker Intel Corp on Thursday said slumping gross margins will improve in the second half of the year, a welcome sign in a difficult economy that sent shares up 4% in after-hours trading. Intel also said it was shipping a long-delayed chip in volume, and…
By Chavi Mehta, Stephen Nellis and Jane Lanhee Lee (Reuters) -Chipmaker Intel Corp on Thursday said slumping gross margins will improve in the second half of the year, a welcome sign in a difficult economy that sent shares up 4% in after-hours trading. Intel also said it was shipping a long-delayed chip in volume, and…
By Jacqueline Thomsen (Reuters) – Top U.S. Senate Democrat Chuck Schumer on Thursday warned the chief judge of a Texas federal court in a letter that Congress could intervene unless he agrees “to reform the method of assigning cases to judges” in the district. Schumer told U.S. Chief District Judge David Godbey of the Northern…
