By Mariko Katsumura and Satoshi Sugiyama TOKYO (Reuters) – Truck driver Yuichi Tomita has been delivering packages all over Japan for two decades, often clocking 40 straight hours on the road. He says the work is tough but a source of pride, and one he’s never thought of quitting – until now. On April 1, …
Japan’s crackdown on truck driver overtime raises fears of economic breakdown Read More »
TOKYO (Reuters) – Japan’s real wages fell in February for an eleventh month, labour ministry data showed on Friday, although the rate of the decrease slowed thanks to government energy subsidies aimed at curbing consumer inflation. While major Japanese firms concluded annual labour talks with the largest pay rises in about three decades, higher prices …
Japan February real wages fall for eleventh month but at slower pace Read More »
TOKYO (Reuters) -Japan on Thursday said rescue efforts were under way to locate any survivors after one of its military helicopters carrying 10 people crashed in the sea near Miyakojima, part of the country’s southwest Okinawa island chain. The UH60 troop transport, commonly known as the Black Hawk, disappeared from radar tracking after leaving a …
Japan searching for 10 people aboard crashed military helicopter Read More »
By Leika Kihara TOKYO (Reuters) -Japan’s new central bank chief will take baby steps in any shift away from the radical monetary experiment of his predecessor, if recent comments are any guide, but a deeper history of his thinking shows a taste for bolder action. Markets are rife with speculation that Kazuo Ueda, who becomes …
New BOJ chief to slowly unwind Kuroda’s policy experiment Read More »
SHANGHAI/SINGAPORE (Reuters) – Morgan Stanley said on Thursday it looks forward to setting up a futures company in China after the country’s securities regulator accepted its application. China Securities Regulatory Commission (CSRC) accepted Morgan Stanley’s application to open up a futures business in the world’s second-largest economy on Monday, according to CSRC’s website. A Morgan …
Morgan Stanley a step closer to setting up futures company in China Read More »
By Katharine Jackson (Reuters) – A man accused of plotting and being paid to smuggle Indian nationals from Canada into the United States pleaded not guilty in a U.S. federal court on Wednesday. Prosecutors allege Simranjit “Shally” Singh, a 40-year-old Indian who is resident in Ontario, was involved in a conspiracy to smuggle Indian nationals …
Indian man pleads not guilty to human smuggling across Canadian border Read More »
By David Shepardson (Reuters) – Honda Motor said Thursday it is recalling 563,000 CR-V sport utility vehicles sold or registered in cold weather U.S. states because road salt may cause the frame to corrode and possibly detach the rear trailing arm. The recall covers 2007 through 2011 model year CR-V vehicles in 22 states and …
Honda recalls SUVs in cold weather U.S. states over rust risk Read More »
By Deep Kaushik Vakil (Reuters) – Gold prices pared some gains on Thursday ahead of a key U.S. jobs report, but bullion was still on track for a weekly rise as weak U.S. economic data spurred worries of a slowdown. Spot gold was down 0.6% to $2,009.07 per ounce by 2:53 p.m. EDT (18:53 GMT), …
Safe-haven gold eases on its way to weekly rise on economic woes Read More »
By Michel Rose and Laurie Chen BEIJING (Reuters) -China’s Xi Jinping expressed willingness to speak to Ukraine’s President Volodymyr Zelenskiy, the head of the EU said on Thursday, after French President Emmanuel Macron urged Beijing to talk sense to Russia over the war in Ukraine. In closely watched talks, European Union chief Ursula von der …
Macron seeks China’s help on Ukraine, Xi ‘willing’ to call Zelenskiy Read More »
NEW DELHI (Reuters) – India will lower prices of gas produced from old blocks to $6.50 per million British thermal units (mmBtu) from Saturday as the federal cabinet approved the recommendations of a gas panel report, the information minister said on Thursday, a move aimed at reining in inflation. The price will apply to industrial …
India accepts gas panel report, lowers gas prices Read More »
