Japan's Recruit sees more female executives as key to growth

Glassdoor owner Recruit Holdings says it wants to have women in 50% of its senior executive and managerial roles within 10 years - a rare pledge in a country where men dominate the top echelons of companies, politics and the civil service.

newspaper

16-05-2022

Pay growth momentum slowing among UK employers - survey

British employers expect to raise staff pay by 3%, a big increase by normal standards but far below the current rate of inflation, and there are signs of weaker wage momentum ahead, a survey published on Monday showed.

newspaper

16-05-2022

BOJ's Kuroda warns against excess FX volatility

Bank of Japan Governor Haruhiko Kuroda said on Monday that currencies should move stably, reflecting economic fundamentals, because excess volatility such as seen recently would make it hard to make business plans.

newspaper

16-05-2022

Gold hovers near three-month low as dollar strength continues

Gold prices edged down in choppy trading on Monday as a strong dollar hurt demand for the greenback-priced metal and set it on course for a more than three-month trough hit in the previous session.

newspaper

16-05-2022

Supply woes, easing of China's COVID curbs lift Dalian iron ore

Chinese iron ore futures rose on Monday, supported by supply concerns and shrinking portside inventories of the steelmaking ingredient, while the easing of some COVID-19 curbs in the world's top steel producer also lifted trader sentiment.

newspaper

16-05-2022

Nakaso, candidate to head BOJ, calls for faster green growth strategy

Japan needs a faster "third arrow" growth strategy focussing on promoting a carbon-neutral society, including by creating a financial hub in Tokyo for Asian firms aiming to go green, said Hiroshi Nakaso, considered a front-runner to be the country's next central bank chief.

newspaper

16-05-2022

Surging natural gas prices squeeze U.S. industrial sector

Skyrocketing natural gas prices have raised manufacturing and transportation costs across many U.S. industries, and the situation should persist as the United States exports more gas to Europe to make up for Russian supplies lost to sanctions.

newspaper

16-05-2022

Tesla delays plan to restore Shanghai output to pre-lockdown levels -memo

SHANGHAI (Reuters) -Tesla Inc has delayed a plan to restore production at its Shanghai plant to levels before the city's COVID-19 lockdown by at least a week, according to an internal memo seen by Reuters.

newspaper

16-05-2022

Tesla delays plan to restore Shanghai plant output to pre-lockdown levels - memo

Tesla Inc has delayed a plan to restore production at its Shanghai plant to levels before the city's COVID-19 lockdown by at least a week, according to an internal memo seen by Reuters.

newspaper

16-05-2022