Tag: per
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Japan’s exports jump 23% to monthly record in July
TOKYO: Japan’s exports hit a monthly record in July, underscoring resilient global demand and offering support to an economy increasingly reliant on overseas shipments to counter weak domestic demand.Total exports by value rose 23.2 per cent year-on-year to a record 11.5 trillion yen (US$72.62 billion) in Jul
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AIA Group’s first-half new business value rises 10%
Aug 20 : Insurer AIA Group on Thursday posted a 10 per cent jump in half-year value of new business (VONB), backed by growth across all distribution channels and segments, excluding Thailand. AIA’s VONB, a measure of expected profits from new premiums and a key barometer for future growth, came in at $3.21
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Global yields fall after US Treasury boosts debt buybacks
NEW YORK, Aug 19 : Longer-dated global bond yields retreated from multi-decade highs, the dollar tumbled and gold jumped on Wednesday after the U.S. Treasury Department said it would boost liquidity support for longer-dated securities, following a broad selloff fueled by fears over swelling sovereign debt.The
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Europe AI data centres seek cheaper, quicker energy and land
LONDON, Aug 19 : Europe’s developers of data centres for artificial intelligence are seeking out less traditional locations away from major cities, where they can benefit from cheaper energy and land and quicker connection times, data analysis seen by Reuters shows.The trend can mean investment in underprivil
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Most Americans believe Trump has inappropriately profited since returning to power, Reuters/Ipsos poll finds
WASHINGTON, Aug 19 : A majority of Americans believe President Donald Trump and his family have inappropriately profited from cryptocurrency since his return to power and that his policy decisions are influenced by his private business dealings, a new Reuters/Ipsos poll found. The four-day poll, completed on
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Analysis:Japan has few answers as bond rout puts fiscal plans at risk
TOKYO, Aug 19 : Japan is running low on options to fight a bond rout that could push debt financing costs above government estimates, leaving Prime Minister Sanae Takaichi’s ambitious spending agenda hostage to forces she can’t control.Analysts say the tools available to calm markets – sporadic cuts to bond i
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COE prices close mostly higher; Category A premiums rise to more than S$128,500
Category A premiums closed higher for the first time in three exercises.
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Analysis:Investors set sights on Swiss franc for popular carry trades after yen intervention
LONDON, Aug 19 : A weaker Swiss franc could be an unexpected consequence of recent rare U.S.-Japanese intervention to prop up the yen, bringing relief to companies and policymakers in Switzerland who have grappled with the strength of their local currency for years. The franc is still 12 per cent stronger aga
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Japan bond yields near 3% as inflation, fiscal worries mount
TOKYO, Aug 18 : Japan’s benchmark bond yield is on the brink of hitting 3 per cent for the first time since the mid-1990s, highlighting how inflation, rising fiscal concerns and monetary policy expectations are reshaping a market long defined by low interest rates.A 10-year Japanese government bond yield at 3
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Dollar range-bound as markets price dovish Fed response
NEW YORK/LONDON, Aug 18 : The U.S. dollar was trading range-bound against major peers on Tuesday as markets continued pricing in a dovish response from the Federal Reserve in the wake of softer economic data.The euro eased from two-month highs of $1.161 touched on Monday and was last up 0.03 per cent at $1.15
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