TOKYO, Feb 9 (Reuters) - Japan's real wages shrank in December for a 12th consecutive month, as nominal pay growth slightly undershot slowing consumer inflation, labour ministry data showed on Monday.
Wage trends are among the most important data factors for the Bank of Japan (BOJ) to decide the next interest hike, after a December hike of 25bp to 0.75%.
* Inflation-adjusted real wages, a key gauge of consumerpurchasing power, fell 0.1% in... (continue reading...)SINGAPORE, Feb 9 (Reuters) - Oil prices dropped more than 1% at Monday's open as concerns about a possible conflict in the Middle East between the U.S. and Iran eased after both countries finished a round of talks on Friday.
Brent crude futures fell 89 cents, or 1.31%, to $67.16 a barrel by 2309 GMT.
U.S. West Texas Intermediate crude was at $62.76 a barrel, down 79 cents, or 1.24%.
Iran's top diplomat said on Friday... (continue reading...)
By Renju Jose
SYDNEY, Feb 9 (Reuters) - Pro-Palestine demonstrators plan to rally in Sydney on Monday to protest the visit by Israeli President Isaac Herzog, as authorities declared his visit a major event and deployed thousands of police to manage the crowds.
Police have urged the protesters to gather at a central Sydney park for public safety reasons, but protest organisers said they plan to rally at the city's historic Town Hall... (continue reading...)
By Rae Wee and Yantoultra Ngui
SINGAPORE, Feb 9 (Reuters) - DBS Group, Singapore's biggest bank, posted fourth-quarter net profit on Monday that was down 10% over the same period a year earlier, mainly due to lower net interest margin.
DBS, which is also Southeast Asia's largest bank by assets, said October-December net profit dropped to S$2.26 billion ($1.78 billion) from S$2.52 billion a year earlier.
This missed... (continue reading...)
HONG KONG, Feb 9 (Reuters) - Hong Kong media tycoon Jimmy Lai is set to be sentenced on Monday in the financial hub's most high-profile national security case, amid growing calls to free the longstanding critic of the Chinese Communist Party whose health is frail.
The sentence comes after a legal saga spanning almost five years with Lai -- the founder of the now-shuttered Apple Daily newspaper -- after he was convicted of two counts of conspiracy to... (continue reading...)
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