News
China fixes yuan at strongest rate against dollar in over a year
3+ hour, 39+ min ago (119+ words) China fixes yuan at strongest rate against dollar in over a year Currency nears key threshold as trade tensions ease SHANGHAI -- The Chinese central bank set the yuan's exchange rate at its strongest level against the dollar in more than…...
Japan's private-sector imports of rice surge 104-fold on high demand
9+ hour, 7+ min ago (154+ words) Japan's private-sector imports of rice surge 104-fold on high demand Steep prices for domestic rice make imports profitable even with tariffs TOKYO -- Japan's private-sector imports of rice have swelled by a factor of 104 so far this year as high prices…...
Toyota sales dropped 2.2% in November, their 1st decline in 11 months
21+ hour, 42+ min ago (140+ words) Toyota sales dropped 2.2% in November, their 1st decline in 11 months China figure down 12% as auto giant maintains strong performance in the US TOKYO -- Toyota Motor announced on Thursday that it sold 900,011 vehicles in November, down 2.2% from the same month last year,…...
Behind India's strong US export data, experts see some weakness
1+ day, 4+ hour ago (156+ words) Behind India's strong US export data, experts see some weakness Low 2024 results, possible frontloading seen as factors in November's 22% increase NEW DELHI -- Exports of electronic goods, petroleum products and other items have buoyed India's trade with the U.S. despite punishing 50% tariffs…...
Japan's fiscal 2026 draft budget assumes 3% bond interest rate
1+ day, 13+ hour ago (146+ words) Japan's fiscal 2026 draft budget assumes 3% bond interest rate Spending to reach $785bn, hitting record for two straight years Japanese Prime Minister Sanae Takaichi's cabinet is expected to approve a draft fiscal 2026 budget as early as Dec. 26 for submission to parliament. TOKYO…...
Japan's Takaichi talks tough on debt as bond yields spike
2+ day, 19+ hour ago (166+ words) TOKYO -- Prime Minister Sanae Takaichi on Tuesday said Japan's national debt level is "still high" and rejected any "irresponsible bond issuance or ta Japan's Takaichi talks tough on debt as bond yields spike In exclusive interview, PM says communications ongoing…...
Japan confirms broad trade agreement with Bangladesh to cut tariffs
3+ day, 37+ min ago (164+ words) TOKYO -- Japan has confirmed a broad agreement with Bangladesh on concluding an economic partnership agreement. The move would allow tariffs to be lif Japan confirms broad trade agreement with Bangladesh to cut tariffs Dhaka will eliminate duties on Japanese steel,…...
Japan's Takaichi rejects 'irresponsible bond issuance, tax cuts"
3+ day, 1+ hour ago (166+ words) TOKYO -- Prime Minister Sanae Takaichi on Tuesday said that Japan's national debt level is "still high" and rejected any "irresponsible bond issuance Japan's Takaichi rejects 'irresponsible bond issuance, tax cuts' Prime minister calls national debt level 'still high' in exclusive…...
Bank Syariah Indonesia bets on 'game changer' gold business
3+ day, 9+ hour ago (73+ words) JAKARTA -- Yulinda Hartanto, a 38-year-old resident of Jakarta, used to view gold as a static heirloom, something to be tucked away in a velvet box an CEO of country's largest Islamic lender says bullion trading can propel sluggish industry growth…...
Pace of Chinese growth depends on frequency and vigor of stimulus
3+ day, 10+ hour ago (127+ words) Richard Yetsenga is chief economist and head of research at ANZ Banking Group in Sydney.China's Central Economic Work Conference, which closely follow Pace of Chinese growth depends on frequency and vigor of stimulus Beijing looks to have entered a…...