Asian stocks stagnate as investors await more rate action

People walk past an electronic screen showing Japan’s Nikkei stock price index at a conference room in Tokyo, Japan June 14, 2022. REUTERS/Issei Kato/File Photo Join now for FREE unlimited access to Reuters.com Register HONG KONG, Sept 6 (Reuters) – Asian stocks largely wiped out early morning gains on Tuesday afternoon as investors remained cautious … Read more

Solomon Islands to ban navy vessels from ports until new process is in place

Solomon Islands Prime Minister Manasseh Sogavare addresses the 76th session of the United Nations General Assembly remotely via pre-recorded video in New York, U.S., September 25, 2021. REUTERS/Eduardo Munoz/Pool Join now for FREE unlimited access to Reuters.com Register SYDNEY, Aug 30 (Reuters) – The Solomon Islands has suspended the entry of foreign navy vessels into … Read more

Honda Motor and LG Energy to Build $4.4 Billion Electric Vehicle Battery Plant in US

TOKYO/WASHINGTON, Aug 29 (Reuters) – Japanese Honda Motor Co. (7267.T) will build a new $4.4 billion lithium-ion battery factory for electric vehicles in the United States with Korean battery supplier LG Energy Solution Ltd (373220.KS)the two companies announced on Monday. Battery makers are looking to ramp up production in the United States, where a shift … Read more

Dollar hits 20-year high as markets seek higher rates for longer

US dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration Join now for FREE unlimited access to Reuters.com Register LONDON, Aug 29 (Reuters) – The U.S. dollar hit a 20-year high against other major currencies on Monday after Federal Reserve Chairman Jerome Powell announced interest rates would be kept lower. long … Read more

Japan signals return to nuclear power to stabilize energy supply

Japanese Prime Minister Fumio Kishida delivers a speech at his official residence in Tokyo, Japan July 14, 2022. Xinhua/Zhang Xiaoyu/Pool via REUTERS/File Photo Join now for FREE unlimited access to Reuters.com Register TOKYO, Aug 24 (Reuters) – Japan will restart more idle nuclear power plants and consider developing next-generation reactors, Prime Minister Fumio Kishida said … Read more

Japan weighs in on easing border rules over COVID -media

A passenger wearing a protective mask walks past an arrival gate at Narita International Airport on the first day of border closures to prevent the spread of the novel coronavirus variant Omicron amid the disease pandemic coronavirus disease (COVID-19) in Narita, east of Tokyo, Japan November 30, 2021. REUTERS/Kim Kyung-Hoon Join now for FREE unlimited … Read more

Stocks slide and dollar firm ahead of Jackson Hole conference

Fed sticks to hawkish tone – analysts U.S. Terminal Rate Expectations Rise, Dollar Gains New swings hit property stocks in China SINGAPORE, Aug 24 (Reuters) – Asian stock markets fell for an eighth consecutive session on Wednesday as investors worried about the scale of the problems in China’s property sector and braced for a hawkish … Read more

Eurozone slide into recession puts euro at 20-year low

PMI data bolsters European recession expectations Dollar leads after euro hits 20-year low, sterling slips Investors ask how hawkish the Fed will be in Jackson Hole Oil rebounds as Saudis talk production cuts US PMI expected just after Wall Street opens LONDON, Aug 23 (Reuters) – The contraction of the euro zone economy for a … Read more

Asia shares mixed shares, China cuts rates as data disappoints

FILE PHOTO – People walk past an electronic screen showing Japan’s Nikkei stock price index at a conference room in Tokyo, Japan June 14, 2022. REUTERS/Issei Kato Join now for FREE unlimited access to Reuters.com Register https://tmsnrt.rs/2zpUAr4 Nikkei edge higher, S&P 500 futures plunge PBOC lowers key rates, Chinese data sorely lacking in forecasts Eyes … Read more

Japanese PM shakes up cabinet as anger grows over Unification Church ties

Voters’ support plummets over party’s ties to church Upheaval comes sooner than analysts expected The Church defends its right to participate in politics Kishida has only chosen ministers who will ‘review’ ties with the group TOKYO, Aug 10 (Reuters) – Japanese Prime Minister Fumio Kishida shuffled his cabinet on Wednesday as he battled growing public … Read more