BOJ signals prolonged easing on COVID-19 pressure, cuts price outlook

BOJ signals prolonged easing on COVID-19 pressure, cuts price outlook

Japan’s central bank maintained its massive stimulus on Tuesday and projected inflation missing its 2% target for years to come, as fresh curbs to combat a spike in COVID-19 cases overshadow the boost to growth from solid global demand. The Bank of …
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UPDATE 1-Maersk lifts outlook on surging demand, shares jump

(Adds preliminary Q1 results). COPENHAGEN, April 27 (Reuters) – Shipping group Maersk lifted its full-year forecasts after a strong first-quarter performance driven by high demand which has led to supply bottlenecks and higher freight rates. Shares in Maersk …
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China Announces Measures to Prevent Foreign Spying in Companies

China Announces Measures to Prevent Foreign Spying in Companies. Bloomberg News. April 26, 2021, 6:41 PM PDT
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China's industrial profits nearly double as demand for raw materials rises

Profits at China’s industrial firms nearly doubled in March from a year ago, as demand for raw materials surged along with the economic recovery, official data showed on Tuesday. Profits rose to 711.18 billion yuan ($109.66 billion) in March, up 92.3% from a …
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Whitbread eyes staycation demand as annual losses hit $1.4 billion

(Reuters) -Premier-Inn owner Whitbread reported on Tuesday an annual loss of about $1.4 billion after COVID-19 curbs crimped all major travel in Britain for most of 2020, and said it sees a “significant” bounce in staycation demand during the summer.
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