Reuters Asia

Philippine cbank: supply shocks could keep inflation above target

MANILA (Reuters) – Philippine central bank Governor Eli Remolona said on Saturday that supply shocks could derail the bank’s forecast that inflation will decelerate back to its target range. The Southeast Asian economy is “not out of the woods yet” as supply shocks could trigger second-round effects and heighten inflation expectations, the Bangko Sentral ng …

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Brazil backs Beijing’s ‘One China policy,’ foreign minister Wang Yi says

By Anthony Boadle BRASILIA (Reuters) -Chinese Foreign Minister Wang Yi on Friday welcomed Brazil’s recent support for Beijing’s “One China policy” that states Taiwan is an inseparable part of China, in a sign of stronger bilateral ties with South America’s largest country. At the end of a two-day visit to Brazil, Wang made a stop …

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Japan’s SLIM moon craft short on power after successful lunar landing

By Kantaro Komiya and Joey Roulette TOKYO (Reuters) -Japan on Saturday became the fifth country to put a spacecraft on the moon, but solar power issues threatened to cut short the nation’s mission to prove a “precision” landing technology and revitalise a space programme that has suffered setbacks. The Japan Aerospace Exploration Agency (JAXA) said …

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North Korea teens get 12 years’ hard labour for watching K-pop – video

By Minwoo Park and Jimin Jung SEOUL (Reuters) – Video footage released by an organisation that works with North Korean defectors shows North Korean authorities publicly sentencing two teenagers to 12 years’ hard labour for watching K-pop. The footage, which shows the two 16-year-olds in Pyongyang convicted of watching South Korean movies and music videos, …

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