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Dollar eyes stellar week as Fed sends bears scurrying

SINGAPORE, June 18 (Reuters) - The dollar was headed for its best week in nearly nine months on Friday as investors scrambled to price in a sooner-than-expected ending to extraordinary U.S. monetary s...

Japan's wholesale prices rise at fastest pace in 13 years on commodities surge

TOKYO (Reuters) -Japan’s wholesale prices rose at their fastest annual pace in 13 years reflecting higher commodity costs, data showed on Thursday, a sign global inflationary pressures are pinch...

Japan's economy slumps back into decline as COVID-19 hits spending

TOKYO, May 18 (Reuters) - Japan's economy shrank more than expected in the first quarter as a slow vaccine rollout and new COVID-19 infections hit spending on items such as dining out and clothes,...

Analysis: Japan Inc squeezed by surging costs and frugal consumer fears

At his factory in Tokyo, Shigeki Kato has a grim strategy to deal with rising costs that threaten profit margins: grin and bear it. Kato's Orion Industry Corp supplies precision steel sheets to...

Asian stocks mostly higher on hopes for pandemic recovery

TOKYO (AP) — Asian shares were mostly higher Thursday on cautious optimism that upcoming company earnings reports will reflect a gradual recovery from the damage of the pandemic. Jap...

Asian shares wobble ahead of Fed outcome and earnings

Asian shares fell and U.S. stock futures were steady on Tuesday (April 27) as caution ahead of a U.S. Federal Reserve meeting and a slew of corporate earnings offset growing optimism about the global ...

Asian stocks mixed after Wall St rally on economic optimism

TOKYO (AP) — Asian shares were mixed Tuesday after a Wall Street rally that reflected some optimism about the economy recovering from the pandemic. Japan's benchmark Nikkei 225 lost...

Eastern Caribbean dollar goes digital, a help for unbanked

SAN JUAN, Puerto Rico (AP) — The Eastern Caribbean has created its own form of digital currency meant to help speed transactions and serve people without bank accounts. The Eastern C...

Bank of Japan survey more optimism over economic recovery

TOKYO (AP) — Business sentiment is growing optimistic, a closely watched economic survey by the Bank of Japan showed Thursday, as the world’s third-largest economy continues to grapple with the damage...

EXPLAINER: Torch relay not just a sideshow in time of COVID

TOKYO (AP) — The Olympic torch relay is usually just a sideshow for the real thing; the prelude, the buildup, the warm-up act that could be skipped. Not this time. All eyes will be o...

Asian stocks to open lower as investors eye Fed meeting

Asian stocks were set to open mostly lower on Wednesday (March 17) following a sell-off in U.S. stocks, as investors awaited the Federal Reserve’s meeting and whether the central bank will maint...

With recovery lagging, Europe wary of rising interest rates

Frankfurt, Germany (AP) — Prospects for a stimulus-fueled recovery in the United States are pushing up market interest rates — and that's a headache for European policymakers because their economy rem...

Tokyo Olympics to pick Mori replacement; is a woman likely?

TOKYO (AP) — Yoshiro Mori's replacement as the president of the Tokyo Olympic organizing committee is expected to be named very quickly. The 83-year-old former prime minister was forced to step down l...

Asian shares mostly up on optimism for stimulus from Biden

TOKYO (AP) — Asian shares mostly rose Thursday on optimism over the new U.S. administration that earlier set off a rally on Wall Street. Hopes are high that President Joe Biden's ad...

Asia shares trend higher; Japan data offsets Wall St losses

Shares were mostly higher in Asia on Monday, shrugging off a weak close last week on Wall Street as hopes for a new round of aid for American workers and businesses faded. Benchmark...