Reuters Asia

By Lucy Craymer WELLINGTON (Reuters) – New Zealand Foreign Minister Nanaia Mahuta said she will discuss concerns about key regional and global security challenges when she meets with her Chinese counterpart, foreign minister Qin Gang in Beijing Friday. Mahuta arrived in China on Wednesday for a four-day trip, the first by a New Zealand minister …

New Zealand foreign minister to discuss security with Chinese counterpart on Friday Read More »

HONG KONG (Reuters) – Hong Kong needs to watch carefully for any further “spillover” from U.S. regional banks, although the city has very little exposure to the situation in European and U.S. financial institutions, the Hong Kong Monetary Authority said on Friday. The failure of two U.S. banks and a crisis at Credit Suisse have …

Hong Kong on watch for any ‘spillover’ from US regional banks Read More »

TOKYO (Reuters) – Japan’s manufacturing activity contracted for a fifth straight month in March as output and new orders remained under pressure, a survey showed on Friday, suggesting the economic recovery is fragile as global demand slows. However, service-sector activity expanded for a seventh straight month and rose at the fastest pace in over nine …

Japan’s factory activity contracts for fifth month – PMI Read More »

By Takahiko Wada and Leika Kihara TOKYO (Reuters) -Japan’s core consumer inflation slowed in February but an index stripping away energy costs hit a four-decade high, data showed on Friday, suggesting cost-push pressures may persist longer than policymakers thought. With inflation still exceeding the Bank of Japan’s 2% target, the data will keep alive market …

Japan’s consumer inflation off 41-year high but cost pressure persists Read More »

By Rocky Swift TOKYO (Reuters) – Japanese firms see inflation and the chance of worldwide recession as the primary risks they face in fiscal 2023, a Reuters monthly poll showed. Inflation in Japan has rocketed to a four-decade high, driven largely by energy prices, putting pressure on companies to lift wages to compensate for the …

Japan firms see global inflation risk as major headwind for fiscal 2023 – Reuters poll Read More »