All News Results

  • Vifor Pharma acquires Priority Review Voucher

    Regulatory News: Vifor Pharma (GNHAF) today announced that it has agreed to purchase a US Food and Drug Administration priority review voucher. A PRV entitles the holder to obtain priority review for a New Drug Application or Biologics License Application thereby reducing the target review time and potentially leading to a faster approval.

  • China's Jan natgas consumption sees first contraction in 2 years

    * China's natural gas consumption in January saw its first year-on-year contraction in at least two years, data compiled by Chongqing Petroleum and Gas Exchange, a government-backed energy trading platform, showed on Monday. * Last month, the country consumed 31.6 billion cubic metres, down 1% from a year earlier.

  • Japan's Third Sales-Tax Blunder Must Be Its Final Mistake

    Japan's economy shrank sharply in the final three months of 2019, logging its second-worst quarter in the past decade. That would be easier to stomach if it weren't because of a mistake policy makers have now made three times. In October, Japan raised its sales tax to 10% from 8%-- and spending tanked.

  • METALS-London copper hits 3-week high as Beijing steps up economic support

    • BY Reuters|
    • 12:23 AM ET 02/17/2020

    Copper prices rose on Monday, with the London contract hitting a three-week high, as China lowered interest rates on its medium-term loans to support an economy hurt by the coronavirus outbreak.

  • BOJ Kuroda says to consider more easing if virus impact becomes big -Sankei

    • BY Reuters|
    • 12:18 AM ET 02/17/2020

    Bank of Japan Governor Haruhiko Kuroda said the central bank would consider additional easing steps without hesitation if the coronavirus outbreak significantly threatened Japan's economy and price trends, the Sankei newspaper reported on Monday. "We would need to consider monetary policy steps if significantly affects Japan's economy," Kuroda was quoted as saying in an interview with the daily.

  • Indonesia's Trade Deficit Widened Sharply in January

    Indonesia's trade deficit widened last month, as imports to and exports from China fell. Southeast Asia's largest economy had a trade deficit of about $864.2 million in January, official data showed Monday. That compares with the $382 million deficit forecast by economists polled by The Wall Street Journal.

  • FOREX-Euro struggles near 3-year low on growth woes, yen unfazed by weak GDP

    * Euro near 33-month low as growth stagnates in euro zone. * Yen shows limited response to poor Japan GDP. * Graphic: World FX rates in 2020 By Hideyuki Sano.

  • Japan's recession risks grow as economy skids in fourth quarter, virus clouds outlook

    Japan's economy shrank at the fastest pace in almost six years in the December quarter as last year's sales tax hike hit consumer and business spending, highlighting a fragile outlook made worse by growing coronavirus risks.

  • China approves imports of all U.S. poultry, poultry products

    China has approved the import of all poultry and poultry products from the United States, the Ministry of Agriculture and Rural Affairs said on its website on Monday. Beijing had banned all trade in poultry products from the United States since 2015 due to outbreaks of avian influenza there.

  • Thailand's Economic Growth Slowed to Five-Year Low in Fourth Quarter

    Thailand's economy grew at its slowest pace in five years in the fourth quarter, dragged down by lower government spending and exports despite relatively steady private consumption. Gross domestic product expanded 1.6% in the October-December quarter from a year earlier, compared with the 2.6% growth in the previous three months, the Office of the National Economic and Social Development Council, the government's economic-planning arm, said Monday. That fell short of the...

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