TOKYO, Dec 25 : Bank of Japan Governor Kazuo Ueda said on Thursday the nation’s underlying inflation is accelerating gradually and steadily approaching the central bank’s 2 per cent target, reiterating the central bank’s readiness to continue raising interest rates. He also preached the benefits of further rate rises, saying […]
News
MOSCOW: Russian nuclear-capable bombers conducted a “scheduled” flight over the Norwegian and Barents Seas, prompting “fighter jets of foreign countries” to escort them, Russia’s Defence Ministry said on Thursday (Dec 25), according to Russian news agencies. Neither the date of the Tu-95 flights nor the countries that deployed monitoring aircraft […]
SYDNEY: The Australian city of Darwin’s international airport remained shuttered on Sunday (Nov 23) after a tropical cyclone brought destructive winds to the Northern Territory capital overnight. Fina, a category three cyclone, was on Sunday clocking wind gusts of up to 205kmh as it moved away from Northern Territory capital […]
Client data for JPMorgan Chase, Citi, Morgan Stanley and other major banks may have been accessed in a hack of a technology vendor, the New York Times reported on Saturday, citing people familiar with the matter. SitusAMC said in a statement on its website on Saturday that it had been […]
Captain Ben Stokes brushed off concerns about England’s Ashes preparations on Wednesday, saying there was no way the squad could prepare in the same way touring teams of the past had, given the demands of the modern game. England great Ian Botham raised questions on Tuesday about the preparations for […]
JAKARTA: Indonesia’s central bank expects economic growth of 5.33 per cent next year, and if fiscal spending can be accelerated then growth could reach the government’s target of 5.4 per cent, Governor Perry Warjiyo said on Wednesday. Annual headline inflation for 2026 was seen at 2.62 per cent, while the […]
SEOUL: A South Korea court issued an arrest warrant on Tuesday for former spy agency chief Cho Tae-yong who is under a probe into ex-President Yoon Suk Yeol’s declaration of martial law in 2024, Yonhap News Agency reported today. The Seoul Central District Court gave the warrant due to concerns […]
The 81-year-old actor had initially been sentenced to eight months in prison, suspended for two years, along with 40 hours of mandatory sexual violence treatment. South Korean actor O Yeong‑su, known for his role in Netflix series Squid Game, has been acquitted on appeal of charges of indecent assault stemming […]
TOKYO: Japanese trading house Mitsubishi Corp on Tuesday posted 356 billion yen ($2.4 billion) in net profit for the six months through September, down 42 per cent from the same period a year earlier. The company kept its net profit forecast for the fiscal year ending in March unchanged at […]
SYDNEY: Australia’s defence force operations to protect its sea trade routes, including through the South China Sea, are becoming more risky as Beijing undertakes the “biggest military build-up in the world today”, Australia’s defence minister said on Tuesday (Nov 4). Open sea lanes, including trade routes that go through the […]