(This July 20 story has been corrected to change the attribution to senior Japan economist at UBS Securities, not economist at JPMorgan Chase in paragraph 5) By Leika Kihara TOKYO (Reuters) – Japan’s government on Thursday forecast inflation sharply exceeding the central bank’s 2% target this year, acknowledging broadening price rises that may keep alive…
MANILA (Reuters) – Philippines President Ferdinand Marcos Jr said on Friday his government will not cooperate with the International Criminal Court’s (ICC) investigation into the thousands of killings committed during his predecessor’s ‘war on drugs’. Marcos maintained the ICC has no jurisdiction over the Southeast Asian country, which withdrew from the ICC in March 2019….
WASHINGTON (Reuters) -Beijing-linked hackers accessed the email account of the U.S. ambassador to China in an espionage operation thought to have compromised at least hundreds of thousands of U.S. government emails, the Wall Street Journal (WSJ) reported on Thursday. Daniel Kritenbrink, the assistant secretary of state for East Asia, was also hacked in the wider…
By Brendan O’Brien (Reuters) – Alabama executed a man early on Friday for beating an elderly woman to death two decades ago, the state’s first execution since Governor Kay Ivey lifted a suspension on capital punishment in February following a review. James Barber, 64, was put to death by lethal injection at 1:56 a.m. U.S….
By Leika Kihara and Takahiko Wada TOKYO (Reuters) -The Bank of Japan is leaning towards keeping its yield control policy unchanged at next week’s meeting, five sources familiar with its thinking said, as policymakers prefer to scrutinise more data to ensure wages and inflation keep rising. But there is no consensus within the central bank…
By Phil Stewart and Idrees Ali WASHINGTON (Reuters) -The United States on Thursday voiced mounting concern over Army Private Travis King, who dashed into North Korea two days ago, saying Pyongyang had a history of mistreating captured Americans. U.S. Army Secretary Christine Wormuth, in her first public comments on the case, said Washington was fully…
By Clare Jim HONG KONG (Reuters) – The market is closely watching whether a unit of Dalian Wanda Group will make a repayment deadline for a $400 million dollar bond early next week, as a failure would weigh on already weak market confidence in China’s property sector. HOW MUCH DEBT DOES DALIAN WANDA HAVE? Dalian…
By Josh Smith SEOUL (Reuters) – When a U.S. ballistic missile submarine (SSBN) surfaced for a rare visit to South Korea this week it was a blunt reminder that Washington always has nuclear-tipped missiles deployed within close striking distance of North Korea, analysts said. Having nuclear weapons out of sight in the seas off the…
BEIJING (Reuters) – In scorching Beijing, “facekinis” are the hottest new fashion downtown as surging temperatures shatter records. With the mercury rising above 35 Celsius (95 Fahrenheit) and the surface temperature soaring as high as 80C in some parts of the country, residents and visitors have taken to carrying portable fans and covering themselves up…
BEIJING (Reuters) -Chinese authorities announced measures on Friday intended to help boost sales of automobiles and electronics with the goal of shoring up a sluggish economy, but the steps failed to impress investors who have been clamouring for stronger stimulus. Regions will be encouraged to increase annual car purchase quotas and efforts will be made…
