By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) -Bank of Japan Governor Kazuo Ueda said on Tuesday the central bank will patiently maintain its ultra-loose monetary as there is some distance to sustainably achieve its 2% inflation target, downplaying expectations for a policy change in the near-term. “We expect inflation to quite clearly slow below…
By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) -Bank of Japan Governor Kazuo Ueda said on Tuesday the central bank will patiently maintain its ultra-loose monetary as there is some distance to sustainably achieve its 2% inflation target, downplaying expectations for a policy change in the near-term. “We expect inflation to quite clearly slow below…
(Reuters) – Qantas Airways on Tuesday forecast its international divisions to be twice as profitable in the post-COVID era on strong recovery in tourism, with earnings at domestic and loyalty divisions also projected to improve. International margins at Australia’s flagship carrier are forecast to grow to more than 8% in fiscal 2024, with its long-haul…
By Byron Kaye SYDNEY (Reuters) – Australian special forces soldier Ben Roberts-Smith was lauded as a hero and awarded Australia’s highest military honour for “conspicuous gallantry” during a 2010 attack on two Taliban machine-gun posts during his fifth tour of Afghanistan. But according to three newspapers, backed by accounts of other soldiers who said they…
(Corrects headline and paragraph 1 to say co reaffirms 2024 capex outlook, not forecasts higher capex) (Reuters) – Qantas Airways on Tuesday reaffirmed its capital expenditure outlook for fiscal 2024 provided in February as the company aims to add to its fleet. Australia’s flagship carrier reaffirmed capital expenditure in 2024 to be between A$3 billion…
By Steven Scheer JERUSALEM (Reuters) – Israel’s competition watchdog sought more data on Sunday from the country’s banks relating to an investigation, saying they were enjoying huge profits from higher interest rates on loans but weren’t adequately sharing the benefits with customers. The investigation, which began in 2022, wasn’t made public prior to Sunday. In…
By Nicoco Chan and Ellen Zhang SHANGHAI/BEIJING (Reuters) – Wang Chunxiang pushes a cart around busy areas of Shanghai, playing cat and mouse with the authorities as she tries to sell pastries. The jobs she could get do not pay enough for her to make ends meet. “Salaries are too low,” said the 43-year-old, after…
By Steve Holland and Humeyra Pamuk WASHINGTON (Reuters) -U.S. President Joe Biden said Turkish President Tayyip Erdogan in a call on Monday repeated Ankara’s desire to buy F-16 fighter jets from the United States, while Biden told him Washington wanted Ankara to drop its objection to Sweden’s joining NATO. The exchange took place when Biden…
SEOUL (Reuters) – South Korea will cut tariffs from June on higher priced edible products, including pork and sugar, to help ease people’s living costs, the finance ministry said on Tuesday. The tariffs on seven food items will be lowered to 0% from as high as 10% currently, in response to short-term supply shortages, the…
TOKYO (Reuters) -Mitsubishi Motors Corp will extend a suspension of its production in China beyond May, the Yomiuri newspaper reported on Tuesday, highlighting struggles the Japanese car maker faces in the world’s largest auto market. Mitsubishi Motors is discussing when to resume production in China with its local partner, a company spokesperson said, adding that…
