Former BOJ Board Member Tsuyoshi Kataoka on Achieving 2% Inflation Target and Exiting Accommodative Monetary Policy

Former BOJ Board Member Tsuyoshi Kataoka on Achieving 2% Inflation Target and Exiting Accommodative Monetary Policy

Former Bank of Japan advisory board member Tsuyoshi Kataoka said on Thursday that the Bank of Japan will only be able to exit its accommodative monetary policy if it achieves its 2% inflation target on a sustained basis. July 2017 (2023 REUTERS/Issei Kato) [ムンバイ 4日 ロイター] – Former BOJ board member Tsuyoshi Kataoka said on … Read more

China and US to Hold In-Depth Talks on Economic and Trade Issues during US Commerce Secretary’s Visit

China and US to Hold In-Depth Talks on Economic and Trade Issues during US Commerce Secretary’s Visit

A spokesman for China’s Commerce Ministry said on Thursday that China wants in-depth talks to resolve economic and trade issues during a visit to China by U.S. Secretary of Commerce Remond Lemond next week. Taken in May. (2023 REUTERS/Rebecca Cook/File Photo) [北京 24日 ロイター] – China wants in-depth talks to resolve economic and trade issues … Read more

Chinese President Xi Jinping Asserts Resilience and Long-Term Growth of Chinese Economy

Chinese President Xi Jinping Asserts Resilience and Long-Term Growth of Chinese Economy

Chinese President Xi Jinping (second from left) told the BRICS that the Chinese economy is resilient and that the fundamentals for long-term growth have not changed. REUTERS/Russian Foreign Ministry/Handout via REUTERS [22日 ロイター] – Chinese President Xi Jinping told the BRICS on Tuesday that the Chinese economy is resilient and the fundamentals for long-term growth … Read more

Chinese Premier Li Qiang Acknowledges Challenges in US-China Relations and Calls for Cooperation

Chinese Premier Li Qiang Acknowledges Challenges in US-China Relations and Calls for Cooperation

Chinese Premier Li Qiang told senior officials of the U.S.-China Business Council (USCBC) delegation in Beijing on Wednesday that bilateral relations and economic and trade cooperation between the United States and China are facing difficulties. Ta. Photo taken in January 2023. REUTERS/Dado Ruvic [北京 21日 ロイター] – Chinese Premier Li Qiang told senior officials of … Read more

The Effects of Russia’s Black Sea Grain Deal Withdrawal on Ukrainian Grain Exports and EU Import Bans

The Effects of Russia’s Black Sea Grain Deal Withdrawal on Ukrainian Grain Exports and EU Import Bans

BUCHAREST/WARSAW (Reuters) – Russia in July pulled out of a year-old agreement to safely export Ukrainian grain through Black Sea ports. Since then, Ukraine has relied entirely on alternative routes through the European Union. In July, Russia withdrew from a year-old deal that allowed Ukrainian grain to be safely exported through Black Sea ports. Ukraine … Read more

China Faces Record Economic Losses from Typhoons in July, Exceeding First Half of the Year

China Faces Record Economic Losses from Typhoons in July, Exceeding First Half of the Year

China’s emergency management ministry said on Thursday that direct economic losses from natural disasters amounted to 41.18 billion yuan ($5.74 billion) in a single month following two typhoons that hit the country in July. bottom. It is said to exceed the total for the period from January to June. This photo was taken in Beihai, … Read more

U.S. Nonfarm Payrolls Report: Weaker July Growth Decreases Chance of Rate Hike to Below 30%

U.S. Nonfarm Payrolls Report: Weaker July Growth Decreases Chance of Rate Hike to Below 30%

A weaker-than-expected U.S. nonfarm payrolls report in July pushed the Federal Funds futures market’s implied probability of another rate hike this year to less than 30%. 2008 Washington, D.C. (2023 REUTERS/Jason Reed/File Photo) (Reuters) – U.S. interest rate futures are pricing in a 30% chance of another rate hike this year after July’s weaker-than-expected nonfarm … Read more

Tesla’s China EV Sales Drop 31% in July, BYD Gains Ground

Tesla’s China EV Sales Drop 31% in July, BYD Gains Ground

According to data released by the China Passenger Car Association (CPCA) on the 3rd, US electric vehicle (EV) giant Tesla sold 64,285 new EVs made in China in July, down 31% from the previous month. Photo taken in January 2021 (2023 REUTERS/Tingshu Wang/File Photo) BEIJING/SHANGHAI (Reuters) – U.S. electric vehicle giant Tesla’s sales of new … Read more

China Urges EU to “Clarify” Position on Strategic Partnership

China Urges EU to “Clarify” Position on Strategic Partnership

China’s top diplomat, Wang Yi, a member of the Politburo of the Communist Party of China (pictured), told EU Foreign Minister and High Representative for Foreign Affairs and Security Borrell that the EU would “clarify” its position on a strategic partnership with China. told me it was necessary. REUTERS/Ajeng Dinar Ulfiana [北京 15日 ロイター] – … Read more

US Interest Rate Futures Market Price Decreases for July FOMC Rate Hike Probability

US Interest Rate Futures Market Price Decreases for July FOMC Rate Hike Probability

On the 30th, the US interest rate futures market priced in the rate hike probability at the Federal Open Market Committee (FOMC) in July slightly decreased from about 90% to about 85%. Pictured is the US Federal Reserve Board (FRB). FILE PHOTO: March 2019. (Reuters/Leah Millis) [30日 ロイター] – In response to the May US … Read more