Fed set to hold interest rates steady, remains on track for more hikes
The Federal Reserve is expected to keep interest rates unchanged on Wednesday but solid economic growth combined with rising inflation are likely keep it on track for another two hikes this year even as President Donald Trump has ramped up criticism of…
Bonds gain, dollar pares losses as BOJ pledges to keep rates ‘very low’
Bond prices gained on Tuesday while the dollar pared early losses on the yen amid guarded reaction to what was seen as only minor tweaks to the Bank of Japan’s (BOJ) ultra easy monetary policy.
How U.S. tariffs on China minerals could hurt industry, consumers
U.S. President Donald Trump’s proposed tariffs on another $200 billion of Chinese goods threaten a niche trade in minor metals and rare earths used in everything from stomach remedies and jet engines to consumer electronics.
Japan’s Denso sees 70-80 billion yen hit from U.S. import restrictions: media
Japanese automotive components maker Denso Corp said on Tuesday that it expects to take a hit of up to 80 billion yen ($719 million) this year if the United States raises auto tariffs, Japanese media reported.
BOJ takes steps to make policy flexible but vows to keep rates low
The Bank of Japan took measures to make its massive stimulus program more flexible and pledged to keep interest rates low for the time being on Tuesday, reflecting its forecast that it would take time for inflation to hit its 2 percent target.
BOJ adopts forward guidance on rates, makes framework flexible
The Bank of Japan pledged to keep interest rates “very low” for the time being and took measures to make its massive stimulus program more flexible on Tuesday, reflecting its forecast that it would take time for inflation to hit its 2 percent target.[T…
BOJ adopts forward guidance on rates, makes framework flexible
The Bank of Japan pledged to keep interest rates “very low” for the time being and took measures to make its massive stimulus program more flexible on Tuesday, reflecting its forecast that it would take time for inflation to hit its 2 percent target.
Samsung Elec’s mobile woes drag on profit growth
Samsung Electronics Co Ltd posted its slowest quarterly profit growth in more than a year on Tuesday due in part to weak sales of its Galaxy S9 smartphones, and warned of tougher competition ahead for the struggling mobile sector.
U.S., Japan mulling first bilateral trade talks Aug 9: NHK
The United States and Japan are making final arrangements to hold their first bilateral trade talks in Washington on Aug. 9, Japanese public broadcaster NHK reported on Tuesday.
Brazil’s Embraer to fight bid by leftist lawmakers to halt Boeing talks
Embraer said on Monday it will defend itself against a lawsuit brought by leftist lawmakers aimed at halting a bid by Boeing Co to take over most of the Brazilian planemaker’s commercial jet unit, the latest legal headache for the proposed tie-up.
