By Ronnie HaruiThe yen fell to a 40-year low against the dollar in Asia on Tuesday, putting traders on high alert for potential currency intervention by the government.Japanese Finance Minister Satsuki Katayama on Tuesday renewed her pledge to stop excessive yen volatility. "We will take appropriat…
By James GlynnSYDNEY--The Reserve Bank of Australia continues to warn that inflation remains materially above its target, with price pressures expected to mount further in the second quarter.In the minutes of its June 15-16 policy meeting, released Tuesday, the central bank noted that labor costs p…
China’s government is discouraging companies from raising funds overseas at higher interest rates as it seeks to curb risks among local borrowers carrying more than $100 billion in offshore debt, according to Ming Pao, citing a Bloomberg report.
New Zealand companies responded positively to early signs of a US-Iran peace deal and indications of cheaper fuel prices, according to Bloomberg.ANZ said the findings came from a survey showing improved business confidence as fuel costs appeared to ease.
China’s non-manufacturing business activity index came in at 50.2% in June 2026, up 0.1 percentage point from the previous month, indicating a modest improvement in the sector’s overall conditions, according to 36Kr citing an interpretation by Huo Lihui, chief statistician at the Service Survey Cen…
China’s factory activity improved more than expected in June, returning to growth as booming exports helped offset cooling momentum in the domestic economy, according to Bloomberg.
By Megumi FujikawaTOKYO--Japan's finance minister renewed her pledge to stop excessive yen volatility, coming as the currency hit a nearly 40-year low against the dollar and investors remain on high alert for intervention."We will take appropriate action on currencies at any time as needed," Satsuk…
US President Donald Trump will temporarily lift duties on phosphate fertilizer from Morocco as the administration seeks to support a struggling farm economy and address consumer concerns about food inflation, according to Bloomberg.
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The maximum illustrated rate used in sales materials for dividend-paying life insurance products in China will be lowered to 3.5% from 3.9% starting July 1, according to 36Kr. Insurers must complete filing changes for products showing rates above 3.5% by June 30, or submit them for delisting.As the…
CITIC Securities said in a research note that in the second half of 2026, China’s economy will be reshaped by spillover effects from an AI-related capital expenditure cycle and imported inflation, according to 36Kr. The brokerage said exports are likely to remain strong while domestic demand stays…
US President Donald Trump said on Monday local time that gasoline retailers must immediately lower fuel prices, warning they could face “big trouble” if they do not, according to 36Kr. In a post on Truth Social, Trump wrote that price gouging is “completely illegal” and said the target price should…
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CANBERA (dpa-AFX) - Japan is scheduled to release a batch of economic data on Tuesday, highlighting a busy day for Asia-Pacific economic activity. On tap are May figures for unemployment, industrial production, construction orders and housing starts.The jobless rate (2.5 percent) and jobs-to-applic…
WASHINGTON (dpa-AFX) - Starting Wednesday, millions of older Americans on Medicare can now get obesity medications through a new initiative called the Bridge program. This program allows qualifying folks to pay a monthly copay of $50 for access to popular weight-loss drugs by Novo Nordisk and Eli L…
TSX:ORVOTCQX: ORVMF#17-2026TORONTO, June 29, 2026 /PRNewswire/ -- Orvana Minerals Corp. (TSX:ORV) (OTCQX: ORVMF) ("Orvana" or the "Company") is pleased to announce the strategic expansion of its land position at the Taguas Project, located in San Juan Province, Argentina, through the acquisition of…