By Satoshi Sugiyama
TOKYO (Reuters) -Japan may have to take action against any disorderly, speculative-driven foreign exchange moves, the government's top currency diplomat Masato Kanda said on Tuesday, reinforcing Tokyo's readiness to intervene again to support a fragile yen.
"It is preferable for exchange rates to remain in a stable manner following fundamentals, and if the market is functioning soundly in this way, there is of course no... (continue reading...)
By Byron Kaye
SYDNEY (Reuters) - Australia's CSL, the world's largest producer of blood plasma products, is trialling "dynamic pricing" of payments to donors to grow profit margins amid persistently high supply costs, a senior executive said on Tuesday.
CSL, one of Australia's biggest listed companies, makes most of its profit from converting the plasma of donated blood into treatments for rare diseases.
But since the... (continue reading...)
(Reuters) - Amazon.com Inc. plans to spend $9 billion in expanding its cloud computing infrastructure in Singapore, Bloomberg News reported on Monday.
(Reporting by Dagmarah Mackos; Editing by Rashmi Aich)
(Reuters) - Beijing supports a peace conference on the Ukraine war that would see equal participation of all parties, Chinese Ambassador to Russia Zhang Hanhui said in an interview with Russia's RIA state news agency in remarks published on Tuesday.
"China supports a timely convening of an international peace conference, approved by the Russian and Ukrainian sides, with equal participation of all parties and fair discussion of all options for peace,"... (continue reading...)
SINGAPORE (Reuters) - China is investigating a former senior executive of China National Offshore Oil Company, or CNOOC, for suspected "serious disciplinary violations", the country's anti-graft watchdog said on its website late on Monday.
The Central Commission for Discipline Inspection (CCDI) said in a brief statement the executive was Qi Meisheng, ex-chairman of the state energy group's gas and power unit. Qi was also a deputy chief economist at... (continue reading...)
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