Despite promises, automakers lack ‘concrete actions’ to decarbonise steel – Greenpeace
TOKYO (Reuters) – Automakers, including Toyota and Volkswagen, should decarbonise their steel supply and cut back on the material’s consumption…
Asia
Singapore’s Q1 GDP contraction raises recession risk; China revival key
By Xinghui Kok SINGAPORE (Reuters) -Singapore’s economy contracted in the first quarter, raising the risk of a recession in the…
BOJ may abandon bond yield cap this year – govt panellist
By Leika Kihara and Takahiko Wada TOKYO (Reuters) – The Bank of Japan (BOJ) may abandon a controversial bond yield…
Stocks set for range trading as central banks near end game – Reuters poll
By Hari Kishan BENGALURU (Reuters) – Global stock indices will end this year higher than where they started it but…
New Zealand banks move to processing payments seven days a week
WELLINGTON (Reuters) – The majority of New Zealand bank customers will be able to send and receive local payments seven…
HSBC puts global footprint under fresh scrutiny, considers dozen exits
By Lawrence White LONDON (Reuters) -HSBC is reviewing a possible exit from as many as a dozen countries, or one…
Japan firms feel ‘sense of crisis’ over falling birthrate – Reuters poll
By Tim Kelly TOKYO (Reuters) – More than nine out of 10 Japanese firms feel a sense of crisis about…
RBNZ Governor Orr says confident in restrictiveness of interest rates
By Lucy Craymer WELLINGTON (Reuters) -The Reserve Bank of New Zealand Governor Adrian Orr said on Thursday the committee was…
Marketmind: U.S. default risk clouds Korea, Indonesia rate decisions
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. The central banks…
South Korea producer inflation slows to 27-month low in April
SEOUL (Reuters) – South Korea’s producer prices rose in April at the slowest pace in 27 months, as agricultural and…