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2 weeks ago | 
gurutrade.com | Kaori Kaneko |Sam Holmes
TOKYO, May 1 (Reuters) - Japan's factory activity shrank for the 10th straight month in April on weaker overseas demand and worsening concerns about U.S. tariffs, a private-sector survey showed on Thursday.
The final au Jibun Bank Japan manufacturing purchasing managers' index (PMI) edged up to 48.7 in April from 48.4 in March, indicating a modest contraction in business conditions.
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1 month ago | 
gurutrade.com | Kaori Kaneko |Sam Holmes
TOKYO, March 24 (Reuters) - Japan's factory activity fell at the fastest pace in a year in March, dragged by declines in production and new orders in a worrying sign for the economy, a private-sector survey showed on Monday.
The service sector, which had been a bright spot in Japan's economy, also lost momentum, with business activity contracting for the first time in five months.
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Feb 5, 2025 | 
gurutrade.com | Kaori Kaneko |Sam Holmes
TOKYO, Feb 5 (Reuters) - Japan's service activity expanded for a third straight month in January, helped by a rebound in new export business on Asian demand, a private-sector survey showed on Wednesday.
The final au Jibun Bank Service purchasing managers' index (PMI) rose to 53.0 in January from 50.9 in December, the highest level since September last year, the survey compiled by S&P Global Market Intelligence showed.
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Jan 10, 2025 | 
gurutrade.com | Vidya Ranganathan |Sam Holmes
PBOC suspends treasury bond purchases amid global bond selloff
PBOC seeking to defend falling yuan, analysts say
Analysts expect continued downtrend in bond yields
SHANGHAI, Jan 10 (Reuters) - China's central bank said on Friday it has suspended treasury bond purchases, triggering a jump in yields and spurring speculation that the move was aimed at defending a falling currency.
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Nov 22, 2024 | 
gurutrade.com | Leika Kihara |Sam Holmes
October core CPI rises 2.3% yr/yr vs forecast +2.2%
Index excluding fuel rises 2.3% yr/yr vs +2.1 in September
Services inflation perk up, signal pressure from rising wages
Data among factors BOJ will scrutinise at Dec.
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Oct 24, 2024 | 
gurutrade.com | Kaori Kaneko |Sam Holmes
TOKYO, Oct 24 (Reuters) - Japan's factory activity contracted for the fourth straight month in October on subdued demand and weak orders, a private-sector survey showed on Thursday.
The au Jibun Bank flash Japan manufacturing purchasing managers' index (PMI) declined to 49.0 in October from 49.7 in September.
The index stayed below the 50.0 threshold separating growth from contraction for a fourth straight month.
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Jul 31, 2024 | 
gurutrade.com | Jihoon Lee |Jacqueline Wong |Shri Navaratnam |Sam Holmes
Exports +13.9% y/y (vs 18.4% forecast)
Chip sales lead growth, auto sales fall
US demand remains strong, China shipments jump
Export growth seen weakening in H2 -economists
SEOUL, Aug 1 (Reuters) - South Korea's exports rose at the fastest pace in six months in July on strong chip sales but missed market expectations, trade data showed on Thursday, amid worries about a sustained recovery in China demand.
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May 20, 2024 | 
gurutrade.com | Leika Kihara |Jamie Freed |Sam Holmes
TOKYO, May 20 (Reuters) - Japan's large manufacturers saw exchange rate stability as the biggest factor they wanted out of the central bank's monetary policy, a Bank of Japan survey showed on Monday.
Many firms said they were no longer able to hire enough workers if they kept wage growth low, and saw an economy where wages and inflation rose in tandem as more favourable than one where wages and prices barely moved, the survey showed.
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May 1, 2024 | 
gurutrade.com | Leika Kihara |Sam Holmes
BOJ's quarterly report signals several rate hikes forthcoming Governor Ueda drops sign of rate hike around autumn this year Ueda flags raising rates to level deemed neutral to economy Analysts say BOJ could hike rates to 1% by around late 2025 BOJ's neutral rate estimate may serve as future policy cue TOKYO, May 1 (Reuters) - The Bank of Japan's decision to keep policy unchanged last week gave yen bears plenty of sell cues, but largely overlooked in the stampede were signals the central bank...
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Mar 4, 2024 | 
gurutrade.com | Wayne Cole |Ankur Banerjee |Sam Holmes |Kim Coghill
SYDNEY, March 5 (Reuters) - The dollar was steady against the yuan on Tuesday as markets digested policy statements out of China that were short on big stimulus measures, while a rebound in Tokyo inflation seemed to take Japan a step closer to the end of negative interest rates.
Crypto mania is still running wild, with bitcoin trading near $66,000, having surged to $68,828 earlier in the session, just shy of the record peak of $68,999.99 it touched in November 2021.
