SINGAPORE U.S. oil prices fell for the second straight day on Tuesday amid market jitters over limited progress between China and the United States on rolling back trade tariffs, exacerbated by a rise in U.S. inventories. West Texas Intermediate (WTI) crude fell 10 cents or 0.18% to $56.95 a barrel by...
TOKYO Nintendo Co Ltd unveiled its first Japanese store in Tokyo's trendy Shibuya shopping district, in a step towards greater commercialisation of its cast of popular characters. The Nintendo Tokyo store in the fashion-focused Parco department store marks the latest move into the mainstream for Japan's gamer culture and gives Nintendo...
TOKYO Japan's lower house of parliament approved on Tuesday a limited trade deal Prime Minister Shinzo Abe agreed with the United States, clearing the way for tariff cuts next year on items including U.S. farm goods and Japanese machine tools. But there is uncertainty over how much progress Japan can make...
  Wayne Cole(REUTERS) SYDNEY The Australian dollar was heading for heavy weekly losses on Friday as rate-cut risk returned with a vengeance, while its New Zealand neighbour went the other way after a policy easing was ruled out for at least a couple of months. The Aussie was pinned at $0.6796, having lost...
By Eileen Soreng BENGALURU, April 23 (Reuters) - Rice export prices in India eased from a eight-month peak this week on the rupee's record fall, while the coronavirus lockdown has raised concerns about a shortage of labour to harvest the summer crop in neighbouring Bangladesh. Top exporter India's 5 percent broken...
Hiroko Tabuchi (The New York Times) Just beyond the windows of Satsuki Kanno’s apartment overlooking Tokyo Bay, a behemoth from a bygone era will soon rise: A coal-burning power plant, part of a buildup of coal power that is unheard-of for an advanced economy. It is one unintended consequence of the...
  JAKARTA Indonesian President Joko Widodo last week ordered government officials to find a permanent solution to prevent devastating annual forest fires that he understood had been almost entirely started by humans but made worst by climate change. Indonesia last year suffered the worst forest blazes in four years when 1.6 million...
John Geddie (REUTERS) SINGAPORE Singapore said on Thursday it had levied an S$11.2 million ($8 million) fine on Swiss bank UBS after investigations showed its advisors deceived clients over prices for bonds and structured products. The Monetary Authority of Singapore (MAS) said UBS had reported certain malpractices in Hong Kong and Singapore...
Maikel Jefriando and Tabita Diela (Reuters) MANILA The Philippines is beefing up security protocols to protect its energy sector from foreign interference, its national security adviser said, following concerns raised by some of the country’s politicians about China’s access to the Philippine power grid. Chinas State Grid Corporation owns a 40 percent...
By Marc Jones LONDON (Reuters) - The global stock's rally got back on track on Tuesday, with more support from the Federal Reserve and the Bank of Japan helping to end a bumpy few days for financial markets. A near 5% jump by Japan's Nikkei had given Asia its best day...