The Bank of Japan may adjust its ultra-loose monetary policy before dovish Governor Haruhiko Kuroda's term ends next April, if the economy strengthens enough to spur higher wages, former central bank executive Eiji Maeda told Reuters on Tuesday.
Emerging Asian equities ex-China recorded massive outflows in June, as risk assets took a hit due to heightened concerns over a potential recession, with major central banks set to further tighten their monetary policies aggressively.
For UK artist, the key to good art is a typewriter
Scandinavian airline SAS has filed for bankruptcy protection in the United States to help cut debt, it said on Tuesday, warning strike action by pilots had deepened its financial crisis.
Scandinavian airline SAS has filed for bankruptcy protection in the United States to help accelerate restructuring plans, it said on Tuesday, warning strike action by pilots had impacted its financial position and liquidity.
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Diane Hendricks' net worth rose to an estimated $12.2 billion from $11 billion a year ago.
The NFT dream isn't dead, but it's taken a big non-fungible beating.
Samsung Electronics Co Ltd is likely to turn in its best April-June profit since 2018 with a 15% year-on-year rise, as lingering demand for its memory chips from server customers offsets lower sales to inflation-hit smartphone makers.
The union that represents Hyundai Motor Co's South Korean workers said on Tuesday it plans to resume a week of wage talks with management on Wednesday, staving off any immediate prospect of a walkout in a protracted industrial dispute.
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A European Union plan to label investments in natural gas and nuclear power plants as climate-friendly will be put to a final vote on Wednesday when lawmakers decide whether to accept or reject proposals that have divided governments and investors.
Chinese authorities said Tuesday they could dip into pork reserves and ordered suppliers to slaughter more pigs in a bid to rein in the cost of the staple meat, after prices soared by almost a third year-on-year.
The euro sank to its weakest since late 2002 versus the dollar on Tuesday, as a jump in natural gas prices reignited worries about the euro zone economy and data showed business growth in the region slowed sharply in June.
Asian shares eked out their best day in a week on Tuesday as positive economic data and hints of easing Sino-U.S.
Asian shares inched up on Tuesday morning as positive economic data and hints of easing Sino-U.S.
Safe-haven demand strengthened the dollar on Tuesday to levels last seen in 2002 while the euro slumped to two-decade lows as the latest surge in European gas prices fueled recession concerns.
The euro slumped to a two-decade low on Tuesday as the latest surge in European gas prices added to the region's recession worries and a rebound in U.S.
Australia's dollar erased early gains on Tuesday after the country's Reserve Bank delivered an as-expected half-point rate hike but not the hawkish forward guidance that some had hoped for.
The Australian dollar ticked higher on Tuesday ahead of an expected half-point increase in the Reserve Bank's policy rate, while the yen slid against the greenback amid a rise in U.S.
Euro tumbles to 20-year low against dollar amid recession fears
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Oil prices slipped on Tuesday, reversing earlier gains, as concerns of a possible global recession curtailing fuel demand outweighed supply disruption fears, highlighted by an expected production cut in Norway.
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South Korea's inflation last month hit the highest since the Asian financial crisis more than two decades ago, adding to signs of building strains on the open, trade-dependent economy and fanning expectations of a big rate hike by the central bank.
South Korea's June inflation accelerated to the fastest pace since the Asian financial crisis, fanning expectations the central bank could deliver a 50 basis point rake hike for the first time next week to cool prices and curb capital outflows.
July 4 gunman charged with seven counts of murder
Eighteen days of living cost revolt by Indigenous Ecuadorans who blocked roads and oil wells cost the country at least $1 billion, the central bank said Monday as the movement's leader went on trial.
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