Japan’s foreign reserves extended declines in October, following the previous month’s record drop, the Ministry of Finance said on Tuesday, reflecting the largest ever amount of yen-buying, dollar-selling interventionThe data comes alongside separate figures that confirmed Japan did not conduct stealth intervention in September and only entered the market toContinue Reading
Runaway inflation, an unfolding debt crisis and cost-of-living problems pose the biggest threats to doing business for G20 countries in the next two years, data from the World Economic Forum showed on Monday. Inflation has surged to levels not seen in several decades, prompting a third of G20 countries toContinue Reading
How much of a price jump is harder to predict since the safe-passage deal was already set to expire in mid-November if no agreement is reached to extend it Traders are bracing for a fresh spike in grain prices after Russia’s exit from a deal allowing Ukraine crops to moveContinue Reading
According to the UN, more than 300 residents have been evacuated from the beleaguered southeastern city of Mariupol and four other towns to Ukrainian-held Zaporizhzhia in a second successful operation to transfer civilians out of areas susceptible to Russian shelling and bombing. According to Osnat Lubrani, the UN humanitarian chiefContinue Reading
Ukrainian President Volodymyr Zelenskyy said Russian troops in southern Ukraine have been carrying out torture and kidnappings, and he called on the world Sunday to respond. Torture chambers are built there, Zelenskyy said in an evening address to the nation. They abduct representatives of local governments and anyone deemed visible to localContinue Reading
Bereft of allies and coalition partners, embattled Pakistan Prime Minister Imran Khan was ousted from power in the early hours of April 9 following a no-confidence vote. The combined opposition that spans the political spectrum from the left to the radically religious will form the new government in Pakistan, with NawazContinue Reading
India and the United Arab Emirates (UAE) will on Friday sign a Comprehensive Economic Partnership Agreement (CEPA), with an aim to more than double the bilateral trade in goods to $100 billion within five years. The first round negotiation was launched five months ago. Under the trade deal, both countriesContinue Reading
By Administrator_India Capital Sands Amazon.com Inc will not require fully vaccinated US warehouse employees to wear masks at work from Tuesday unless mandated by state or local law, a source familiar with the matter said. The e-commerce giant had in August ordered all U.S. employees to wear a mask atContinue Reading
By Administrator_India Capital Sands Japanese Prime Minister Fumio Kishida on Monday prepared to tackle major policy decisions, including trying to pass an extra budget, after leading his ruling party to an unexpectedly strong election win to solidify his status in a fractious party. Stocks surged to a one-month high onContinue Reading
By Administrator_India Capital Sands SEOUL North Korea said on Monday it will restore severed inter-Korean hotlines starting Monday but urged South Korea to step up efforts to improve relations, state media KCNA reported. North Korean leader Kim Jong Un expressed his willingness last week to reactivate the hotlines, which NorthContinue Reading
