US inflation relief dents dollar, yen gains ahead of BOJ
By Tom Westbrook SINGAPORE (Reuters) – The dollar slipped on Thursday to stand just off recent peaks as cooling U.S. inflation data knocked down bond yields, while the yen hit…
Economy
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Bank of Korea unexpectedly holds policy rate amid won slide
By Cynthia Kim and Jihoon Lee SEOUL (Reuters) – South Korea’s central bank unexpectedly left its policy interest rate unchanged on Thursday, weighing the impact of its back-to-back cuts last…
Apple smartphone shipments from China fell 25% in Q4, Canalys says
BEIJING (Reuters) – Apple (NASDAQ:AAPL) smartphone shipments in China fell 25% in the fourth quarter, while Huawei’s rose 24%, data from research firm Canalys showed on Thursday. Apple shipped 13.1…
Bank of Korea keeps interest rates unchanged amid political turmoil
Investing.com– South Korea’s central bank unexpectedly kept interest rates unchanged on Thursday amid heightened political uncertainty in the country after the recent arrest of impeached President Yung Suk Yeol. The…
Yellen says Trump’s plan for new revenue agency won’t save money for taxpayers
By Andrea Shalal NEW YORK (Reuters) – U.S. Treasury Secretary Janet Yellen said on Wednesday U.S. President-elect Donald Trump’s plan to set up a new government agency to collect tariffs…
Venezuela inflation was 48% year-on-year in 2024, Maduro tells lawmakers
CARACAS (Reuters) – Venezuela inflation was 48% annually in 2024, the lowest in 12 years, Venezuelan President Nicolas Maduro told lawmakers in an annual address to the national assembly and…
Japan firms face serious labour crunch from aging population, survey shows
TOKYO (Reuters) – Two-thirds of Japanese companies are experiencing a serious business impact from a shortage of workers, a Reuters survey showed on Thursday, as the country’s population continues to…
Analysis-Inflation revival persists as market risk despite CPI-fueled rally
By Suzanne McGee and Saqib Iqbal Ahmed (Reuters) – A relatively benign U.S. reading on consumer price increases triggered a sharp relief rally in stocks and bonds on Wednesday, but…
Morning Bid: Global inflation relief lifts bond yield gloom
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. At last, some breathing room for investors after U.S. and UK inflation figures on Wednesday eased…
Irish parties pledge increased investment after coalition deal
By Padraic Halpin and Conor Humphries DUBLIN (Reuters) – Ireland’s two major centre-right parties finalised a coalition deal with independent lawmakers on Wednesday that will return Micheal Martin as prime…