BANGKOK (Reuters) – Four Thai fishermen detained by Myanmar have been released and are expected to return home soon, Thailand’s foreign ministry said on Friday, following an incident last weekend when Myanmar’s navy fired on a group of Thai fishing vessels. One fisherman drowned and two others were injured in the incident, and the Myanmar …
Four Thai fisherman released by Myanmar, Thai foreign ministry says Read More »
By Leika Kihara TOKYO (Reuters) – The Bank of Japan is staying guarded on the timing of the next rate hike with December hardly a done deal given soft consumption, its governor’s cautious decision-making style and anxiety over U.S. economic policy in a second Trump presidency. BOJ Governor Kazuo Ueda signalled that December will be …
Analysis-BOJ is holding cards close to its chest on December rate hike Read More »
HONG KONG (Reuters) – China’s Xinjiang Cotton Association said that international brands should give “full respect and trust” to Xinjiang cotton, following an executive’s comment last week that clothing company Uniqlo does not take supply from the region. The association called on brands like Uniqlo to resume the use of cotton from China’s far western …
China’s Xinjiang Cotton Association calls on international brands to restore cotton use Read More »
SEOUL (Reuters) – South Korea’s special warfare commander said he will refuse to implement any new order for martial law, media reports quoted him as saying. Kwak Jong-geun, the special warfare commander, also said the then defense minister had issued an order to “drag out lawmakers” who came to parliament to vote to lift the …
BEIJING (Reuters) -China is seeking public feedback on new guidelines for the reporting of greenhouse gas emissions from the steel industry, the environment ministry said on Friday, part of efforts to prepare mills for their entry into the country’s carbon market. China issued a draft plan in September to extend its emissions trading scheme to …
China seeks feedback on draft guidelines to measure steel sector emissions Read More »
By Satoshi Sugiyama TOKYO(Reuters) -Japanese household spending fell at a slower pace than forecast in October, but while the broader consumption trends remain soft the Bank of Japan is still expected to raise rates again to normalise monetary conditions after a decade of easy policy. Some analysts say a recovery in wages would eventually spur …
Japan’s soft consumer spending unlikely to deter BOJ from raising rates again Read More »
SEOUL (Reuters) – South Korea’s main opposition Democratic Party said lawmakers were on standby after receiving many reports of another martial law declaration, the Yonhap news agency reported on Friday. The opposition party will also hold an emergency meeting on Friday morning, according to Yonhap. (Reporting by Hyunsu Yim; Editing by Jacqueline Wong)
(Reuters) – U.S. Secretary of State Antony Blinken on Thursday spoke to his South Korean counterpart Cho Tae-yul, welcomed the lifting of martial law and said he expected the democratic process to prevail in the country, according to a State Department readout. “The Secretary conveyed his confidence in the democratic resilience of the ROK during …
Blinken tells S.Korea’s foreign minister he expects democratic process to prevail Read More »
By Swati Bhat MUMBAI (Reuters) – The Reserve Bank of India may ease monetary conditions on Friday by reducing banks’ cash reserve ratios after economic growth slowed to a seven-quarter low, but inflationary pressures may make it reluctant to cut interest rates just yet, analysts said. The six-member monetary policy committee (MPC) is largely expected …
India cenbank may ease policy Friday through liquidity if not rates, analysts say Read More »
By Neha Arora NEW DELHI (Reuters) – India’s finished steel imports from China reached an all-time high during the first seven months of the current financial year from April, according to provisional government data reviewed by Reuters, rattling hundreds of small Indian steel producers. China, the world’s biggest steel producer, shipped 1.7 million metric tons …
India’s steel imports from China hit record high, latest data shows Read More »
