Notizia

TOKYO (Reuters) -Japanese Finance Minister Shunichi Suzuki on Friday refrained from commenting on the possibility of government intervention in the foreign exchange market to stem a weak yen, while maintaining his warning against any rapid fluctuations.

BEIJING (Reuters) -China's factory-gate inflation cooled to its slowest pace in 14 months in May, depressed by weak demand for steel, aluminium and other key industrial commodities due to tight COVID-19 curbs and bucking the global trend of rapidly accelerating prices.

Tesla Inc has cancelled three online recruitment events for China scheduled this month, the latest development after Chief Executive Elon Musk threatened job cuts at the electric car maker, saying it was "overstaffed" in some areas.

South Korean truckers embarked on broader and more aggressive strike action on Friday, threatening to severely curtail shipments of raw materials for semiconductors and petrochemical products.

TOKYO (Reuters) -Japan's business community issued a joint statement on Friday seeking further relaxation of border controls, as the country begins a gradual easing of COVID-19 travel restrictions.

China's factory-gate inflation cooled to its slowest pace in 14 months in May, official data showed on Friday, depressed by weak demand for steel, aluminium and other key industrial commodities due to tight COVID-19 curbs.

Production at Hyundai Motor Co's biggest factory complex halved on Thursday due to component shortages triggered by South Korea's truckers' strike, a union official at the automaker said on Friday.

The dollar was at a two-week high on the euro on Friday, ahead of inflation data that should guide the Federal Reserve's policy tightening path, and after the European Central Bank said it would start its rate-hike campaign next month.

SEOUL/ULSAN (Reuters) -Production at Hyundai Motor Co's biggest factory in South Korea halved on Thursday due to component shortages triggered by a truckers' strike, a union official at the automaker said on Friday.