By Leika Kihara and Takahiko Wada
TOKYO (Reuters) - The Bank of Japan's key measurements of underlying inflation in April all fell below its 2% target for the first time since August 2022, data showed on Tuesday, heightening uncertainty on the timing of its next interest rate hike.
The weighted median inflation rate, among the three indicators closely watched as a gauge on whether price rises are broadening, rose 1.1% in April from a year... (continue reading...)
BEIJING (Reuters) - China called for attacks on civilian ships in the Red Sea to end and for safe navigation there, when China Foreign Minister Wang Yi met his Yemen counterpart in Beijing on Tuesday.
Wang said China is ready to continue to play a constructive role in the matter, according to a foreign ministry statement.
(Reporting by Liz Lee and Ethan Wang; Editing by Tom Hogue)
By Joanna Plucinska, Lisa Barrington and Rajesh Kumar Singh
LONDON/SEOUL/CHICAGO (Reuters) - Airfares in Europe and Asia are starting to plateau or fall in a sign that a prolonged post-COVID travel boom is waning, delivering a setback for airlines struggling with higher costs and limited aircraft availability.
A global imbalance between supply of flights and pent-up demand as air travel opened up after the pandemic drove up ticket prices... (continue reading...)
By Joanna Plucinska, Lisa Barrington and Rajesh Kumar Singh
LONDON/SEOUL/CHICAGO (Reuters) - Airfares in Europe and Asia are starting to plateau or fall in a sign that a prolonged post-COVID travel boom is waning, delivering a setback for airlines struggling with higher costs and limited aircraft availability.
A global imbalance between supply of flights and pent-up demand as air travel opened up after the pandemic drove up ticket prices... (continue reading...)
By Joanna Plucinska, Lisa Barrington and Rajesh Kumar Singh
LONDON/SEOUL/CHICAGO (Reuters) - Airfares in Europe and Asia are starting to plateau or fall in a sign that a prolonged post-COVID travel boom is waning, delivering a setback for airlines struggling with higher costs and limited aircraft availability.
A global imbalance between supply of flights and pent-up demand as air travel opened up after the pandemic drove up ticket prices... (continue reading...)
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