By Tetsushi Kajimoto and Yoshifumi Takemoto TOKYO (Reuters) – The Bank of Japan (BOJ) should be cautious about changing its unconventional monetary policy for now, given financial market uncertainty due to problems in Western banks, former top financial diplomat Takehiko Nakao told Reuters in an interview. Nakao made the comments amid speculation the BOJ may …

BOJ must be cautious about changing easy money policy too soon – ex-MOF Nakao Read More »

By Anant Chandak BENGALURU (Reuters) – The Bank of Korea will opt to support a rapidly slowing economy by holding its main interest rate at 3.50% on Tuesday, according to a Reuters poll of economists that showed a slim majority now expect a 25-basis-point cut by the end of 2023. Policymakers at the BoK, who …

Bank of Korea to hold base rate at 3.50%, may cut by end of year – Reuters poll Read More »

By Fransiska Nangoy and Bernadette Christina JAKARTA (Reuters) -Indonesia, the world’s biggest palm oil biodiesel user, is now working to introduce bioethanol mandates for gasoline to further cut fuel imports and carbon emissions, but it will first have to secure more bio feedstock and solve thorny technical problems. Indonesia imported about 60% of the gasoline …

Indonesia must jump ethanol feedstock hurdle to repeat biodiesel success Read More »

By Kanishka Singh (Reuters) – Canada on Thursday said it will deploy a military aircraft to Japan to support implementation of United Nations Security Council sanctions against North Korea. Deployment of the Royal Canadian Air Force CP-140 Aurora Aircraft was announced by Canadian Defense Minister Anita Anand. For about six weeks, the CP-140 Aurora will …

Canada deploys military aircraft to Japan to implement North Korea sanctions Read More »

By Mariko Katsumura and Satoshi Sugiyama TOKYO (Reuters) – Truck driver Yuichi Tomita has been delivering packages all over Japan for two decades, often clocking 40 straight hours on the road. He says the work is tough but a source of pride, and one he’s never thought of quitting – until now. On April 1, …

Japan’s crackdown on truck driver overtime raises fears of economic breakdown Read More »