By Leika Kihara and Takahiko Wada
TOKYO (Reuters) - The Bank of Japan must steadily raise interest rates to guard against the risk of inflation accelerating well above its 2% target, said Takeo Hoshi, an academic with knowledge of the country's monetary policy.
Japan's wage-inflation dynamics are changing in ways unseen in the past with intensifying labour shortages pushing up labour costs and prodding more firms to hike prices, said... (continue reading...)
SINGAPORE (Reuters) - Australia, Britain, Malaysia, New Zealand and Singapore have agreed to stage more complex military drills in the region this year involving drones, fifth-generation fighter planes and surveillance aircraft.
The announcement on Friday by defence ministers from members of the 53-year old Five Power Defence Arrangement (FPDA) on the sidelines of the Shangri-La Dialogue defence meeting in Singapore comes as the tempo of military... (continue reading...)
(Reuters) - Employees at several businesses in Russia's Tatarstan region and its administrative centre of Kazan have been evacuated for safety reasons, Russian state news agencies reported on Friday, citing local officials.
Airports in the cities of Kazan and Nizhnekamsk in the same region have also imposed temporary flight restrictions for safety reasons, a representative for Rosaviatsia, the country's aviation regulator, said on Telegram earlier on... (continue reading...)
ISTANBUL (Reuters) - Traffic was suspended in Turkey's Bosphorus on Friday after a cargo ship had an engine failure during northbound transit through the strait that runs through Istanbul, shipping agent Tribeca said.
(Reporting by Ezgi Erkoyun; Editing by Jacqueline Wong)
(Reuters) -French automaker Renault and Chinese partner Geely announced a highly anticipated joint venture on Friday that will develop combustion and hybrid engines, aiming to improve the competitiveness of their legacy auto business.
The 50-50 venture is a core element of Renault's strategy to stay in the race against larger competitors by signing multiple partnerships to reduce costs and access new markets.
For Geely, the deal extends its... (continue reading...)
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Australian fast food chain Guzman y Gomez seeks to raise $161 million in June IPO
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Australian fast food chain Guzman y Gomez seeks to raise $161 million in June IPO
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Australian fast food chain Guzman y Gomez seeks to raise $161 million in June IPO
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Australian fast food chain Guzman y Gomez seeks to raise $161 million in June IPO
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Australian fast food chain Guzman y Gomez seeks to raise $161 million in June IPO
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Australian fast food chain Guzman y Gomez seeks to raise $161 million in June IPO
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Australian fast food chain Guzman y Gomez seeks to raise $161 million in June IPO
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Australian fast food chain Guzman y Gomez seeks to raise $161 million in June IPO
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US-China meeting, Marcos speech in spotlight at security summit
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US-China meeting, Marcos speech in spotlight at security summit
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US-China meeting, Marcos speech in spotlight at security summit
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US-China meeting, Marcos speech in spotlight at security summit
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US-China meeting, Marcos speech in spotlight at security summit
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US-China meeting, Marcos speech in spotlight at security summit
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US-China meeting, Marcos speech in spotlight at security summit
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US-China meeting, Marcos speech in spotlight at security summit
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US-China meeting, Marcos speech in spotlight at security summit
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US-China meeting, Marcos speech in spotlight at security summit
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US-China meeting, Marcos speech in spotlight at security summit
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Analysis-'Bothersome' rebound in US yields casts shadow on stocks at record highs
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Analysis-'Bothersome' rebound in US yields casts shadow on stocks at record highs
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Japan's household spending seen rising for first time in 14 months: Reuters poll
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At least 15 dead in eastern India over 24 hours as temperatures soar
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Investors hold their breath for inflation data
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Two Israeli soldiers killed in Gaza battles, military says
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Trump supporters call for riots and violent retribution after verdict
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Russian bomber pilots conduct drills with Belarusian counterparts, TASS reports
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China will not join Swiss peace conference on Ukraine, sources say
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Russian missile attack on Kyiv sparks fire, Ukraine military says
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Taiwan accuses Chinese Apple supplier of trying to illegally poach tech talent
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Two injured in Ukraine air attack on oil depot in Russia's Krasnodar, local officials say
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Global airline bosses to address geopolitical, climate challenges
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