News
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Japan's GDP beats forecasts as consumption, business spending perk up
Q4 GDP rises annualised 2.8% vs forecast 1.0%Consumption growth slows to 0.1%; capex upGrowth momentum among factors BOJ sees key to further rate hikesAdds analyst comments, contextBy Makiko Yamazaki and Satoshi Sugiyama TOKYO, Feb 17 (Reuters) - Japan's economy grew faster than expected in t...Reuters
Mon, Feb 17
Japan’s Hayashi: Will respond carefully to potential impacts of Trump’s tariffs
Japanese Chief Cabinet Secretary Yoshimasa Hayashi noted on Monday that “Japan faces significant challenges if its companies become targets amid US President Donald Trump's policies; the government will respond carefully to potential impacts.” Additional quotes Exports, particularly in services, demonstrated growth, counterbalancing the decline in domestic demand, while the year's value rose by 2.9% year-on-year, exceeding 609.3 trillion yen for the first time.
Fxstreet
Mon, Feb 17
PBOC Governor Pan: Will continue to let the market play a decisive role in deciding the Yuan exchange rate
Speaking at the AlUla Conference for Emerging Market Economies in Saudi Arabia on Sunday, People's Bank of China (PBOC) Governor Pan Gongsheng said that the central bank “will continue to let the market play a decisive role in deciding the Yuan exchange rate.” Additional quotes Emphasized that a stable yuan is crucial for global financial and economic stability.
Fxstreet
Mon, Feb 17
US’ NEC Director Hasset: Having regular meetings with Fed Chair Jerome Powell
Kevin Hassett, Director of the US National Economic Council (NEC), revealed in an interview with CBS' Face The Nation early Monday he is having regular meetings with Federal Reserve (Fed) Chairman Jerome Powell.Fxstreet
Mon, Feb 17
Japan's economy expands annualised 2.8% in Oct-Dec
TOKYO, Feb 17 (Reuters) - Japan's economy expanded an annualised 2.8% in the October-December quarter, government data showed on Monday, faster than a median market forecast for a 1.0% increase.The rise in gross domestic product (GDP) translated into a quarterly increase of 0.7%, better than the...Reuters
Sun, Feb 16
US sees UK in 'different light' on trade, British minister says
Feb 16 (Reuters) - The United States views trade ties with Britain "in a different light" because it does not have a large deficit with the country, but difficult issues remain on tariffs, a senior British cabinet minister said on Sunday.Since returning to power, President Donald Trump has s...Reuters
Sun, Feb 16
Germany's Scholz: debt ceiling will not cap our defence spending
Adds Scholz comment in paragraphs 3-4, election in paragraphs 5-6MUNICH, Feb 15 (Reuters) - German Chancellor Olaf Scholz on Saturday predicted that a new government would create an exemption for spending on defence and security when dealing with the nation's constitutional limit on public debt...Reuters
Sat, Feb 15
Taiwan pledges chip talks and investment to mollify Trump
Trump again criticises Taiwan for taking semiconductor businessTaiwan president pledges more investment in United StatesTaiwan plans to raise defence spending, president saysUpdates February 14 story to add TSMC declining to comment, paragraph 12By Yimou Lee and Ben BlanchardTAIPEI, Feb 14 (Reuters)...Reuters
Sat, Feb 15
