By Makiko Yamazaki and Ritsuko Shimizu TOKYO (Reuters) – The Bank of Japan’s latest policy shift would not have a major impact on Japanese banks unless there are sudden spikes in domestic bond yields, the new head of Japan’s financial regulator told Reuters on Friday. The central bank’s relaxation of its cap on bond yields…
SYDNEY (Reuters) – A U.S. Navy nuclear submarine arrived in Western Australia on Friday as allies Canberra and Washington deepen defence ties and prepare to transfer nuclear submarine capability to Australia. The U.S. Navy Virginia-class submarine arrived at HMAS Stirling for a scheduled port visit as part of a patrol of the Indo-Pacific, officials said….
PARIS (Reuters) -Airbus deliveries rose 11% in the first seven months of the year to 381 airplanes, the European planemaker said on Friday. For July, deliveries stood at 65 aircraft, it said in a monthly commercial update, confirming a Reuters report. After a slow start to the year, deliveries have picked up in pace since…
By Leika Kihara TOKYO (Reuters) – Japan’s economy likely grew an annualised 3.1% in April-June to mark a third straight quarter of expansion, according to a Reuters poll, helped by resilience in exports despite slowing global demand. The increase would follow an annualised 2.7% in the first quarter. On a quarter-on-quarter basis, the economy probably…
PARIS (Reuters) – The United Nations food agency’s world price index rebounded in July from two-year lows as vegetable oil markets rose following renewed tensions over grain exports from Ukraine and concerns over global production. The Food and Agriculture Organization’s (FAO) price index, which tracks the most globally-traded food commodities, averaged 123.9 points in July…
LONDON (Reuters) – Britain’s construction sector returned to growth in July but house-builders suffered another sharp contraction due to higher interest rates and fears about the outlook for the economy, a survey showed on Friday. The S&P Global/CIPS construction Purchasing Managers’ Index (PMI) recovered to 51.7, its highest level since February and up from June’s…
By Stefanno Sulaiman JAKARTA (Reuters) – TikTok told Reuters it is in early-stage talks with regulators to obtain a payments licence in Indonesia, a move that would further its e-commerce ambitions in a major market at a time when it is under intensifying scrutiny in the U.S. and elsewhere. The news follows an announcement by…
By Xie Yu and Selena Li HONG KONG (Reuters) – China and Saudi Arabia’s stock exchanges are in talks to allow exchange-traded funds (ETFs) to list on each other’s bourses, three sources familiar with the matter said, as the countries look to deepen financial ties amid warming diplomatic relations. The talks are in the early…
SEOUL (Reuters) – A South Korean businessman wanted for nine years by authorities was extradited from the United States on Friday to face charges linked to one of the country’s worst maritime disasters in which over 300 people, mostly children, were killed. Yoo Hyuk-kee was taken into custody on arrival from New York, where he…
By Shoon Naing and Poppy McPherson (Reuters) – Poet turned militia leader Maung Saungkha, one of the most prominent figures fighting for democracy in Myanmar, says his armed group plans to start carving out territory in the country’s heartlands to confront the junta more directly. Maung Saungkha said the move is a key strategic aim…
