Economic News

By Humeyra Pamuk and Sakura Murakami TOKYO (Reuters) – Foreign ministers from the Group of Seven nations agree on the need to stand up to any Chinese “coercion” or efforts to exert control in the Taiwan Strait, a senior U.S. State Department official said, amid increased

By Jibran Ahmad PESHAWAR, Pakistan (Reuters) – A Chinese worker was charged with blasphemy in northern Pakistan after angry workers surrounded his office accusing him of insulting the Prophet Mohammad, then stormed a police station to try to find him, officials said.

By Greg Torode HONG KONG (Reuters) – Hong Kong’s top Catholic cleric is due to arrive in Beijing on Monday on the first visit to the Chinese capital by a bishop of the former British colony in nearly 30 years, despite signs of new Sino-Vatican tension.

By Tetsushi Kajimoto and Kaori Kaneko TOKYO (Reuters) – The Bank of Japan is considering a projection for consumer prices for the 2025 fiscal year to rise 1.6-1.9%, the Jiji news agency reported on Monday, in a move seen to keep market players from betting on

(Reuters) – Russia on Monday brushed off Japanese criticism of naval exercises by its Pacific Fleet, saying it needed to be on guard against a variety of regional threats while focusing on Ukraine.

FRANKFURT (Reuters) – The European Central Bank should stop relying on banks’ self-assessments when setting capital requirements and do its own homework instead, independent experts said on Monday.

By Jeffrey Dastin (Reuters) – The artificial intelligence behind ChatGPT, the homework-drafting chatbot that some schools have banned, is coming to more students via the company Chegg Inc.

JAKARTA (Reuters) – Indonesia posted a 128.5 trillion rupiah ($8.69 billion) budget surplus in the first quarter on strong tax collection and the recent strengthening of the rupiah currency could help further reduce this year’s deficit, officials said on Monday.

(Reuters) – M&T Bank Corp beat Wall Street estimates for first-quarter profit on Monday, as the U.S. Federal Reserve’s rapid rate hikes to tame high inflation boosted the lender’s interest income.

By Eimi Yamamitsu, Mayu Sakoda and Tom Bateman

AMSTERDAM (Reuters) – China is the greatest threat to Dutch economic security, the Netherlands’ intelligence service said on Monday in an annual assessment of threats it said included commercial espionage and covert investments.

NEW DELHI (Reuters) – India and Russia are discussing a free trade agreement to guarantee investment between the two countries, Russia’s deputy prime minister said on Monday.

By Rozanna Latiff and Yantoultra Ngui KUALA LUMPUR/SINGAPORE (Reuters) – Malaysia plans to introduce a second 5G network from next year, four sources told Reuters, in the latest policy shake-up aimed at dismantling monopolies and promoting competition by Prime Minister Anwar Ibrahim’s six-month-old administration.

KUALA LUMPUR (Reuters) – The Malaysian government is re-evaluating a $3.9 billion settlement deal reached between the previous administration and U.S. investment bank Goldman Sachs over the 1MDB financial scandal, state news agency Bernama reported on Monday.

MILAN (Reuters) – Exor, the holding company of Italy’s Agnelli family, said on Monday its Chairman Ajay Banga would not seek reappointment to the company’s board following his recent nomination as the next president of the World Bank.

A look at the day ahead in U.S. and global markets from Mike Dolan.

By Catarina Demony and Miguel Pereira PORTO (Reuters) – Fraudster Tiago Espanhol has been behind bars for a little over two years. He has 2-1/2 more years before release but he says building confessionals for Pope Francis’ visit to Portugal this summer is speeding up time.

By Jane Lanhee Lee OAKLAND, Calif. (Reuters) – Quantum computers promise to be millions of times faster than today’s fastest supercomputers, potentially revolutionizing everything from medical research to the way people solve problems of climate change. The wait for these machines, though, has been long, despite

By Yuvraj Malik (Reuters) – Netflix Inc is expected to report that it added some 2 million subscribers in the first quarter and investors will scrutinize whether recent price cuts and the launch of an ad-supported plan are tempting people to subscribe and stay on.

By David Lawder and Andrea Shalal WASHINGTON (Reuters) – Just a month after the biggest banking crisis in more than a decade, the world’s top economic and financial policymakers gathered in Washington and said surprisingly little about financial system stability – at least publicly.