Notizia

TOKYO (Reuters) -Japan is unlikely to see inflation hitting a central bank target of 2%, even accounting for rising energy costs, Bank of Japan Governor Haruhiko Kuroda said on Thursday, making the case for keeping monetary policy ultra-easy.

Shenzhen city in China, a key technology and manufacturing hub that had halted operations of companies to tackle rising COVID-19 cases, will allow them to resume work and production in an orderly manner, a local government official said on Thursday.

Japanese households accumulated a record $17 trillion in financial assets as of December last year, roughly four times the size of its economy, as the COVID-19 pandemic kept consumers housebound, saving their money instead of spending it.

Electric-car maker Tesla Inc delayed a more than $1 billion offering of bonds backed by leases on its electric vehicles, Bloomberg News reported on Wednesday.

As war in Ukraine drives up already high input costs, even firms with business models fine-tuned to Japan's deflationary economy are toying with higher prices, testing acceptance by consumers hardened by repeated affirmations of an elusive inflation goal.

Japan's core machinery orders slipped for the first time in five months in January, a worrying sign for an economy already facing heightened pressure from the Ukraine war and high energy and raw material prices.

WASHINGTON (Reuters) -China Eastern Airlines Corp on Wednesday asked the U.S. Transportation Department for approval to temporarily shift New York to Shanghai flights over COVID-19 measures.

The dollar fell on Wednesday after the U.S. Federal Reserve moved to a hawkish monetary policy but without delivering a tougher surprise that might have added to its weeks-long momentum.

Germany's Thyssenkrupp on Wednesday suspended its 2021/22 forecast for free cash flow before mergers and acquisitions for due to the Ukraine crisis and said it was unclear if it would still be able to spin off its steel division.