Westpac raises Australia cash rate peak forecast to 4.6%
SYDNEY (Reuters) – Westpac on Friday lifted its forecast for Australia’s cash rate peak to 4.6%, tipping quarter-point hikes in…
Asia
Blinken not expecting breakthrough in China, with US more focused on Modi visit -Sullivan
By Yukiko Toyoda and Tim Kelly TOKYO (Reuters) -The U.S. expects a “transformational moment” in India ties during Prime Minister…
Japan enacts watered-down LGBT understanding law
By Elaine Lies TOKYO (Reuters) -Japan enacted a law on Friday meant to promote understanding of the LGBT community that…
Thai stocks flounder in absence of China spark
By Rae Wee and Patturaja Murugaboopathy SINGAPORE (Reuters) – Thailand’s stock market has become the symbol of investor disenchantment with…
India’s merchandise import jump in may signals stable local economy – economists
By Ira Dugal MUMBAI (Reuters) – A sequential increase in merchandise imports in May that led to the trade deficit…
Micron says it is committed to China, invests $602 million in plant
By Brenda Goh SHANGHAI (Reuters) -U.S. memory chipmaker Micron said on Friday it was committed to China and would invest…
Hong Kong interbank rates rise; one-week Hibor climbs to highest in 16 years
By Georgina Lee HONG KONG (Reuters) – Hong Kong interbank rates rose across all tenors on Friday, with the overnight…
U.S. nuclear-powered submarine arrives at South Korea’s Busan port
SEOUL (Reuters) – A U.S. nuclear-powered submarine has arrived at a port in the South Korean city of Busan, the…
South Korea recovers part of rocket used in North’s failed satellite launch
By Soo-hyang Choi and Hyonhee Shin SEOUL (Reuters) – South Korea has recovered from the sea part of a rocket…
China encourages private firms to participate in key supply chain projects
BEIJING (Reuters) – China will speed up the process to allow private firms to access infrastructure of major national scientific…