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The Bank of Japan kept its benchmark interest rate unchanged on Friday, but indicated it's considering the reduction of its purchase of Japanese government bonds.
Asia-Pacific markets were largely range bound on Friday ahead of the Bank of Japan's rate decision.
U.S. Treasury Secretary Janet Yellen said Thursday that the $50 billion loan to Ukraine that President Joe Biden and other leaders of Group of Seven highly developed nations have agreed to could be the first of multiple loans backed by frozen Russian assets.
Singapore is offering refiners and petrochemical companies rebates of up to 76 per cent for its planned carbon tax for 2024 and 2025 to help them ease cost stress and remain competitive versus rivals elsewhere, four sources familiar with the matter said.
Microsoft will evaluate its employees' cybersecurity contributions in reviews that will factor into their compensation, Brad Smith, the company's vice chair and president, said ahead of a Thursday U.S. House committee hearing on the software maker's security practices.
A measure of wholesale prices unexpectedly decreased in May, adding another piece of evidence that inflation is pulling back.
WASHINGTON -- India's participation in a collective security arrangement with the U.S and its allies, especially Japan and Australia, is no longer an inconceivable proposition, a former Indian naval officer says.