BOJ's Nakamura calls for pause in rate hikes on US tariff uncertainty
TOKYO (Reuters) -Bank of Japan board member Toyoaki Nakamura said on Friday the central bank must hold off raising interest rates for the time being to scrutinise how uncertainty over higher U.S. tariffs could affect corporate profits, capital expendit...
27m ago
Tennis-Paul keeps on trucking in Rome after vehicle is repossessed at home
(Reuters) -Tommy Paul has had to put off-court distractions in his rear view mirror at the Italian Open this week after the American's beloved truck was repossessed at his home in Florida. Paul beat Hubert Hurkacz 7-6(4) 6-3 on Thursday to set up a se...
28m ago
Mets acquire LHP Jose Castillo from Diamondbacks
The New York Mets added a left-hander to their bullpen on Thursday, acquiring Jose Castillo from the Arizona Diamondbacks in exchange for cash considerations. Castillo has pitched in parts of five seasons in the majors, debuting for the San Diego Padr...
28m ago
Nvidia plans Shanghai research center, FT reports
(Reuters) -Nvidia is seeking to build a research and development center in China, and the company's top boss Jensen Huang discussed the plan with Shanghai's mayor Gong Zheng when they met in April, the Financial Times reported on Friday. (Reporting by...
29m ago
Japan to release more rice from stockpiles to tackle shortage and rein in prices
By Kaori Kaneko TOKYO (Reuters) -Japan said on Friday it would release another 300,000 metric tons of rice from its emergency stockpile through July and tweak its purchasing policy to counter a shortage and rein in sky-high prices. Retail prices for Ja...
49m ago
Malaysia's economy grows 4.4% in Q1
By Danial Azhar and Ashley Tang KUALA LUMPUR (Reuters) -Malaysia's economy grew 4.4% in the first quarter of 2025 from a year earlier, below market expectations but in line with government estimates, data showed on Friday. Economists surveyed by Reuter...
49m ago
Fitch puts Taiwan life insurers on downgrade watch after currency surge
TOKYO (Reuters) -Credit ratings agency Fitch on Thursday placed five Taiwanese life insurers under review for potential downgrades after a sharp surge in the Taiwanese dollar this month put stress on their balance sheets. Fitch put Cathay Life Insuranc...
49m ago
China's Foshan Haitian to raise about $1 billion in Hong Kong listing, sources say
SYDNEY (Reuters) -China's Foshan Haitian Flavouring and Food Company has received approval from the Hong Kong Stock Exchange to list in the city and it aims to raise about $1 billion, according to two sources with direct knowledge of the matter. The Sh...
49m ago
Ailing Jamal Murray, Nuggets down Thunder, force Game 7
Jamal Murray shook off an illness to produce 25 points, eight rebounds and seven assists, helping the host Denver Nuggets beat the Oklahoma City Thunder 119-107 on Thursday night and force a decisive seventh game in their Western Conference semifinal s...
50m ago
Analysis-Tariff cuts ease mass China layoffs threat, but job market pain persists
BEIJING (Reuters) -Chinese worker Liu Shengzun lost two jobs in just one month as U.S. import tariffs shot up to triple digits in April, forcing a Guangdong lighting products factory, and then a footwear maker, to reduce output. Tariffs came down drama...
1h ago