Japan to consider revising Abe-era deflation fighting mandate - sources

Japan next year will consider revising its decade-old blueprint for fighting deflation, sources said, as financial markets bet that a weak yen and rising consumer prices will force the central bank to finally drop its ultra-loose monetary policy.

newspaper

19-12-2022

South Korea flags economic slump deepening for while

South Korea on Monday flagged a deeper economic slowdown than expected at least through the first half of next year, and extended sales tax breaks on some fuel oil products and passenger cars by a few months.

newspaper

19-12-2022

Japan govt to consider revising joint statement with BOJ - sources

TOKYO (Reuters) -The Japanese government will consider revising next year a joint statement it signed with the Bank of Japan (BOJ) in 2013 that commits the central bank to meeting a 2% inflation target as soon as possible, sources told Reuters.

newspaper

19-12-2022

South Korea's economic slump to bottom in first half of 2023, finance minister says

South Korea's finance minister said on Monday the economy is slowing at a more rapid pace than previously expected and would bottom in the first half of next year.

newspaper

19-12-2022

South Korea's economic slump to bottom in H1 2023 - finance minister

South Korea's finance minister said on Monday the economy is slowing at a more rapid pace than previously expected and would bottom in the first half of next year.

newspaper

18-12-2022

Italy waters down plan to promote cash payments after EU criticism

Italy will scrap part of its plans to facilitate cash payments for goods and services after criticism from European Union authorities, Economy Minister Giancarlo Giorgetti said on Sunday.

newspaper

18-12-2022

China Nov aluminium imports fall amid rising domestic supply

China's aluminium imports in November fell 35.7% from a year earlier as a result of mounting domestic supply, also as the COVID-hit economy continued to temper demand for the light metal.

newspaper

18-12-2022

Analysis-Bumper green aluminium output is good news for carmakers, and climate

Aluminium makers are set to boost low-carbon metal output by 10% in 2023 and churn out even more in the years ahead, driving down the cost for carmakers seeking climate-friendly supplies and shrinking the industry's hefty carbon footprint.

newspaper

17-12-2022

China agrees to formation of global sovereign debt 'roundtable' -IMF chief

WASHINGTON (Reuters) -Chinese officials have agreed to participate in a global sovereign debt "roundtable" that would include a wide variety of stakeholders, including private sector creditors, International Monetary Fund chief Kristalina Georgieva said on Thursday.

newspaper

16-12-2022