By Tim Kelly and Chang-Ran Kim TOKYO (Reuters) -A powerful earthquake struck central Japan on Monday, triggering warnings for residents to evacuate some coastal areas, knocking out power to thousands of homes and disrupting flights and rail services to the affected region. The quake with a preliminary magnitude of 7.6 triggered waves of around 1 … Read more
LONDON, UK – Sept. 2021: People seen dining outdoors in Soho in London in September 2021. SOPA Images | LightRocket | Getty Images LONDON — U.K. inflation fell by more than expected in to hit 3.9% in November, in the lowest annual reading since September 2021. Economists polled by Reuters had expected a modest decline … Read more
The Financial institution of Japan headquarters in Tokyo. Bloomberg | Getty Pictures The Financial institution of Japan introduced Friday “higher flexibility” in its financial coverage — shocking international monetary markets. The central financial institution loosened its yield curve management — or YCC — in an surprising transfer with wide-ranging ramifications. It despatched the yen whipsawing … Read more