Wide range of Japanese firms see need to hike wages, BOJ says
By Leika Kihara TOKYO (Reuters) – A wide range of Japanese firms see the need to continue raising wages due to structural labour shortages, the Bank of Japan said on…
Economy
3539 posts
Malaysia aims to be conduit for diversification of energy and supply chains, PM says
KUALA LUMPUR (Reuters) – Malaysia wants to optimise its location and become a conduit for diversification of energy and supply chains this year, aiming to become a leader in the…
Buoyant dollar keeps pound, euro and yen under pressure
By Ankur Banerjee SINGAPORE (Reuters) – The U.S. dollar charged ahead on Thursday underpinned by rising Treasury yields, putting the yen, sterling and euro under pressure near multi-month lows amid…
Australia Nov retail sales rise by most in 10 months on Black Friday boost
SYDNEY (Reuters) – Australian retail sales had the biggest increase in 10 months in November as Black Friday discounting drew cost-conscious shoppers, but even so they missed forecasts suggesting consumer…
Hyundai Motor Group to invest record $16.7 billion in South Korea this year
By Hyunjoo Jin and Joyce Lee SEOUL (Reuters) -South Korea’s Hyundai Motor (OTC:HYMTF) Group said on Thursday it planned to boost domestic investment by 19% to a record high of…
China’s consumer inflation slows in Dec
BEIJING (Reuters) – China’s consumer inflation slowed in December, while producer price deflation persisted, as Beijing ramped up policy support to bolster a faltering economy. The consumer price index crept…
Japan Nov real wages fall for 4th straight month as inflation weighs
TOKYO (Reuters) – Japan’s inflation-adjusted real wages fell for the fourth straight month in November weighed down by higher prices even as base pay grew at the fastest pace in…
Rising Treasury yields prompt more US corporate bond issuance
By Shankar Ramakrishnan and Matt Tracy (Reuters) – U.S. corporate debt markets continued to be peppered by new bond offerings on Wednesday as rising Treasury yields increased demand for debt…
China inflation lands amid global bond turmoil
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. China’s latest inflation figures are out on Thursday, and they could not be coming at a…
Jefferies’ profit more than triples on investment banking windfall
(Reuters) – Jefferies Financial reported an over three-fold rise in fourth-quarter profit on Wednesday as the investment bank earned higher fees from deal advisory and underwriting activity remained strong. An…