By Leika Kihara TOKYO (Reuters) – Several Bank of Japan (BOJ) board members said the central bank must be vigilant to the risk of inflation accelerating more than expected, minutes of the March policy meeting showed on Monday. A few of the nine-member board also said they saw some “positive signs” emerging in Japan that …
Bank of Japan debated risk of inflation overshoot in March Read More »
TOKYO – Japan’s services activity grew at a record pace in April, a private-sector survey showed on Monday, helped by a boost in consumer spending following the end of COVID-19 pandemic restrictions. The final au Jibun Bank Japan Services purchasing managers’ index (PMI) climbed to a seasonally adjusted 55.4 last month from March’s 55.0. It …
Japan’s service activity grows at record pace in April – PMI Read More »
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Asian markets are set for a positive start to the week on Monday after strong U.S. jobs data on Friday soothed recession and banking sector fears, and sparked the best day for world equities in five months. The …
By Angie Teo, Chayut Setboonsarng and Devjyot Ghoshal BANGKOK (Reuters) – Shanghai resident Daniel Bian drank in the sweeping views over the Thai capital as he lay on a deckchair beside a swimming pool on the 19th floor of a luxury condominium. “I feel alive. I feel free,” said an excited Bian, dapper in tinted …
Chinese scour Thailand for homes, looking to offset risks after pandemic Read More »
By Choonsik Yoo, Hyonhee Shin and Sakura Murakami SEOUL/TOKYO (Reuters) -Japan’s Prime Minister Fumio Kishida told South Koreans on Sunday his “heart hurts” when he thinks of suffering and pain during Japanese colonial rule, in a nod to historical disputes that have soured relations between the two U.S. allies. Kishida was in Seoul for the …
Japan’s PM tells South Koreans his ‘heart hurts’ over pain caused by occupation Read More »
NEW DELHI (Reuters) – Indian wire and cable maker RR Kabel Ltd., backed by private equity firm TPG, filed for an initial public offering on Sunday, seeking to raise up to $27.53 million, according to its draft prospectus filed to India’s market regulator and seen by Reuters. RR Kabel, India’s fifth largest branded wires and …
India’s RR Kable files for IPO to raise up to $27.5 million -draft prospectus Read More »
NEW DELHI (Reuters) – Indian digital payments firm Paytm aims to become “free cashflow positive in the near future,” chief executive Vijay Shekhar Sharma said in a letter to shareholders on Sunday. “This has been possible by disciplined resource allocation and focusing on what has become our core revenue and growth driver – payments and …
India’s Paytm focused on reaching financial milestone ‘in near future’ – CEO Read More »
NEW DELHI (Reuters) – Coal India Ltd reported a 17.3% fall in fourth-quarter profit on Sunday, as the world’s largest coal miner made higher provisions for wage hikes. Consolidated net profit fell to 55.33 billion Indian rupees ($677.07 million) in the three-months ending March 31, compared with 66.93 billion rupees a year earlier, the state-run …
Coal India’s Q4 profit falls 17% on higher provisions for wage hike Read More »
SYDNEY (Reuters) – Australia and New Zealand on Sunday celebrated the coronation of King Charles III with 21-gun salutes in their capitals, after the countries’ leaders, both republicans, attended the coronation ceremony in London. King Charles is head of state in Australia, New Zealand and 12 other Commonwealth realms outside the United Kingdom, although the …
Australia, NZ mark King Charles’ coronation with 21-gun salutes Read More »
NEW DELHI (Reuters) – Batting great Sunil Gavaskar has advised India captain Rohit Sharma to take a break from the ongoing Indian Premier League (IPL) to keep himself fit and fresh for the World Test Championship (WTC) final against Australia next month. Mumbai Indians captain Rohit fell for his 16th duck in IPL, most by …
Cricket-Gavaskar suggests IPL break for struggling Rohit before WTC final Read More »
