TOKYO, Feb 8 (Reuters) - Japan must take a "professional" approach in tapping its huge foreign reserves to fund spending and tax cuts as doing so would not be easy, Finance Minister Satsuki Katayama said on Sunday.
Tapping foreign reserves could be an option given recent yen moves, though doing so could cause problems as the reserves are used to conduct currency intervention, Katayama said in a television programme.
"The prime... (continue reading...)
By Rocky Swift
TOKYO, Feb 8 (Reuters) - Japan's volatile financial markets must now contend with Prime Minister Sanae Takaichi firmly in the driver's seat after her decisive victory on Sunday, which hands her an electoral mandate to reflate the economy.
The question for investors is whether Takaichi's electoral momentum will prompt her to expand her stimulus ambitions or if it lends her the political leeway to proceed more cautiously.
... (continue reading...)WINDHOEK, Feb 8 (Reuters) - Namibia will not recognise the purchase of offshore stakes in the Luderitz Basin announced last week by TotalEnergies and Petrobras until the oil companies follow the proper route for approval, government officials said on Sunday.
Jonas Mbambo, a spokesperson for the presidency, confirmed that until a formal application is submitted and the prescribed statutory process is completed, "no transaction can be recognised or... (continue reading...)
LONDON, Feb 8 (Reuters) - A senior minister faced questions about British Prime Minister Keir Starmer's future on Sunday and the deputy prime minister appeared to break ranks with his boss over his decision to appoint Peter Mandelson as ambassador to the United States.
Starmer is facing what is widely seen as the biggest crisis of his 18 months in power over his decision to make Mandelson Britain's ambassador to Washington in 2024, with a handful of... (continue reading...)
(Removes misattributed Eliasch quote in paragraph 23)
By Alan Baldwin
CORTINA D'AMPEZZO, Italy, Feb 8 (Reuters) - Lindsey Vonn's audacious bid to win Olympic downhill gold with a ruptured ACL lasted 13 seconds on Sunday as the American great suffered a horrific crash early in her run and was taken to hospital.
Vonn, 41, whose battle to reach the start line despite her knee injury dominated the opening days of the Milano... (continue reading...)
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