The Philippines’ main gateway remained on reduced operations on Monday after a New Year power outage that jolted its air traffic control, with authorities scrambling…
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BOJ Considering Raising Inflation Forecasts to Near 2% Target -Nikkei
The Bank of Japan (BOJ) is considering raising its inflation forecasts in January to show price growth close to its 2% target in fiscal 2023…
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Analysis-Modi’s Popularity Key to Selling cut in Food Aid Ahead of Indian Elections
Indian Prime Minister Narendra Modi’s move to effectively halve food rations to the poor ahead of state polls next year and a general election in…
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Japan to Make Raising Wages a Top Priority, Says Senior Govt official
Japan’s government will make raising wages a top priority in its economic policy next year, Deputy Chief Cabinet Secretary Seiji Kihara said on Wednesday. “The…
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Toyota’s Nov Global Vehicle Production Rises 1.5% to Record 833,104
Toyota Motor (NYSE:TM) Corp reported on Monday a 1.5% rise in November global vehicle output, reaching a new record of 833,104. domestic production slid 3.3%…
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Mexico’s Newest Oil Refinery Now Seen Working At Half Capacity in Mid-2023
Mexican state oil company Pemex’s newest refinery will reach half of its crude processing capacity in July, the national president said on Friday, marking the…
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Dollar Retreats After Overnight Gains, Ahead of Economic Data Dump
The U.S. dollar slipped lower in early European trade Friday, handing back some of the previous session’s gains as traders attempt to gauge the Federal…
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Major Fire Hits Chilean Port, Codelco Operations Unaffected
A major fire broke out at Chile’s Ventanas port near a refinery and smelter belonging to state-run miner Codelco, but the company said on Thursday…
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Oil Extends Rally as U.S. Supplies Tighten Ahead of Demand-Heavy Holidays
Oil prices extended gains into a fourth straight session on Thursday after inventory data showed that U.S. supplies remained tight ahead of a demand-heavy holiday…
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Asia FX Weakens as Dollar Steadies from BOJ Shock, Yen Slips
Most Asian currencies fell on Wednesday as the dollar steadied from a sharp tumble against the yen, while the Japanese currency retreated slightly from a…
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