BOJ's Kuroda says yen's 'quite sharp' moves may hurt businesses

Bank of Japan Governor Haruhiko Kuroda said on Monday the yen's recent moves had been "quite sharp" and could hurt companies' business plans, offering his strongest warning to date of the risks stemming from the currency's depreciation.

newspaper

18-04-2022

Indian bond yields off session highs on short-covering; rupee near 1-month low

The Indian rupee dropped on Monday to its lowest in nearly a month against the dollar, tracking losses in the stock market and weighed by sharp gains in global crude oil prices, while bond yields pulled back from session highs on short-covering.

newspaper

18-04-2022

Rouble hovers near 80 vs dollar, stocks down

The rouble hovered around the 80 mark against the dollar on Monday, while stock indexes inched lower as the market lacked new momentum and watched developments around what Russia calls "a special military operation" in Ukraine.

newspaper

18-04-2022

China Q1 GDP tops forecast, but March weakness sharply raises outlook risks

China's economy slowed in March as consumption, real estate and exports were hit hard, taking the shine off faster-than-expected first-quarter growth numbers and worsening an outlook already weakened by COVID-19 curbs and the Ukraine war.

newspaper

18-04-2022

China's supply chains must be stabilised, vice premier says

BEIJING (Reuters) -China's supply chains must be stabilised amid COVID-19 outbreaks, with local governments helping key companies get back to work, the official Xinhua news agency quoted Vice Premier Liu He as saying.

newspaper

18-04-2022

Musk tweets 'Love Me Tender' days after Twitter takeover offer

Billionaire entrepreneur Elon Musk posted a tweet on Saturday saying "Love Me Tender", days after he took aim at Twitter Inc with a $43 billion cash takeover offer.

newspaper

18-04-2022

BOJ's Kuroda warns recent yen moves 'quite sharp', may hurt businesses

Bank of Japan Governor Haruhiko Kuroda said on Monday the yen's recent moves have been "quite sharp" and could hurt companies' business plans, offering his strongest warning to date of the risks stemming from the currency's depreciation.

newspaper

18-04-2022

China's Q1 GDP beats forecast, but March activity heightens risks to outlook

BEIJING (Reuters) -China's economy grew at a faster than expected clip in the first quarter, data showed on Monday, expanding 4.8% year-on-year, but the risk of a sharp slowdown over coming months has risen as sweeping COVID-19 curbs and the Ukraine war take a heavy toll.

newspaper

18-04-2022

China's Q1 GDP expands 4.8% y/y, better than forecast, but risks to outlook abound

China's economy grew at a faster than expected clip in the first quarter, official data showed on Monday, expanding 4.8% year-on-year, but the risk of a sharp slowdown over coming months has risen as sweeping COVID-19 curbs and the Ukraine war take a toll.

newspaper

18-04-2022