Japan PM says can’t rule out return of deflation despite price spike
TOKYO, Jan 27 (Reuters) – Japanese Prime Minister Fumio Kishida said on Friday that a return to deflation in the world’s third-largest economy cannot be...
Hong Kong home prices drop 15.6% in 2022, snap 13 years of gain
Jan 27 (Reuters) – Private home prices in Hong Kong, one of the most unaffordable territories in the world, fell 15.6% in 2022 in the...
Putin ally warns NATO of nuclear war if Russia is defeated in Ukraine
Medvedev: nuclear powers don’t lose major wars Medvedev tells NATO to think about the risks Patriarch: desire to destroy Russia would mean end of the...
Gold rises over 1% on tepid U.S. dollar, safe-haven inflows
Dollar slips after weak U.S. data Gold looks overbought – analyst Palladium rose up to 3% earlier in session Jan 19 (Reuters) – Gold prices...
Gold back up above $1,900 level as dollar loses ground
Jan 18 (Reuters) – Gold reversed course to trade higher on Wednesday as the U.S. dollar pulled back from session highs and expectations of a...
China’s 2022 economic growth one of the worst on record, post-pandemic policy faces test
China Q4 GDP growth slows; 2022 growth one of worst on record 2022 GDP grows 3.0%, far below official target Dec factory output, retail sales...
China consumer inflation accelerates in Dec; PPI falls with soft demand
BEIJING, Jan 12 (Reuters) – China’s annual consumer inflation rate accelerated in December, driven by rising food prices even as domestic demand wavered amid restrained...
World stocks soar, investors pare rate bets after US jobs data
Stocks rally as U.S. jobs data quells inflation fears Investors bet that Fed need not be as hawkish Treasury yields pull back, dollar sags NEW...
Japan’s Nov real wages fall most in 8 years, defying BOJ objective
Real wages fall for eighth straight months – govt Wage growth lags surging cost-push inflation Policymakers seek wage growth to support inflation BOJ action may...
BOJ to raise forecasts for key inflation gauge – sources
BOJ likely to raise 2022, 2023 ‘core-core’ price forecasts Board may slightly upgrade inflation forecast for fiscal 2024 Upgrade unlikely to trigger immediate rate hike...