Bank of Japan discussed inflation risks in subtle shift in governance debate

Price Rises Likely to Continue for Many Goods – BOJ Summary One member expressed concern about the functioning of the bond market BOJ must communicate exit strategy at some point – summary BOJ kept monetary policy ultra-easy at September meeting TOKYO, Oct. 3 (Reuters) – With rising price increases in Japan, some central bank policymakers … Read more

Russia has money to support four regions to be annexed, finance minister says

Oct. 3 (Reuters) – Russia has funds to support four Ukrainian regions that President Vladimir Putin began annexing last week and these funds are part of the country’s budget, Finance Minister Anton Siluanov told parliament. Russia declared the regions’ annexations after holding what it called referenda in Ukraine’s occupied territories. Western governments and Kiev said … Read more

Indonesia Assembles Team to Investigate Football Rush; police use of tear gas in pictures

Human rights commission questions the use of tear gas Thirty-two children under 125 killed in stampede Funerals take place for the dead in the city of Malang MALANG, Indonesia, Oct. 3 (Reuters) – Indonesia has set up an independent team to investigate a crowd at a football stadium that killed 125 people, including 32 children, … Read more

Japan ready to take ‘decisive’ steps against yen – finance minister

Important for currencies to move stably – Finance Minister Intervention helped protect against speculation – minister Repeats warning as dollar approaches 145.40 yen TOKYO, Oct. 3 (Reuters) – Japan stands ready to take “decisive” steps in the foreign exchange market if the yen’s excessive moves continue, Treasury Secretary Shunichi Suzuki said Monday, in a new … Read more

GLOBAL ECONOMY Asian factory activity weakens due to global slowdown, cost pressure

Japan Aug PMI Marks Weakest Growth Since January Last Year Manufacturing activity shrinks in Taiwan, Malaysia China slowing, US demand weighs on Asian economies TOKYO, Oct. 3 (Reuters) – Asian factory output largely weakened in September as slowing demand in China and advanced economies exacerbated the pain of ongoing cost pressures, surveys found on Monday, … Read more

US and Turkish officials discuss Ukraine and NATO in unannounced meeting

WASHINGTON, Oct. 2 (Reuters) – US National Security Adviser Jake Sullivan met with Turkish President Tayyip Erdogan’s chief adviser Ibrahim Kalin in Istanbul on Sunday to discuss “progress in NATO accession for Finland and Sweden.” the White House said in a statement. The two, whose meeting was unannounced to the media in advance, also discussed … Read more

F1 2022: Daniel Ricciardo Singapore Grand Prix result is best of the season

Daniel Ricciardo survived a chaotic Singapore Grand Prix to record his best result of the Formula 1 season in a day to remember for McLaren. The Australian finished fifth at the Marina Bay circuit overnight, one spot behind teammate Lando Norris, while McLaren finished a rare double top five. Stream the FORMULA 1 SINGAPORE GRAND … Read more

Iranian riot police clash with students protesting young woman’s death

DUBAI, Oct. 2 (Reuters) – Iranian security forces clashed with students at a prominent university in Tehran on Sunday, state social media reported, in the latest sign of a deadly suppression of nationwide protests ignited by the death in custody of a young woman. The anti-government protests, which started at the funeral of 22-year-old Mahsa … Read more

Bulgarian GERB lead in elections, but coalition prospects uncertain

SOFIA, Oct. 2 (Reuters) – Ex-Prime Minister Boyko Borissov’s Bulgarian GERB party looked poised for a narrow victory in Sunday’s election, its fourth in less than two years, as voters sought predictability from a former leader amid steep inflation and the war in Ukraine. Gallup International and Alpha Research exit polls showed the center-right GERB … Read more

Pope begs Putin to end ‘spiral of violence and death’, fears nuclear war

Pope says annexation jeopardized nuclear escalation Says he’s haunted by “rivers of blood and tears” Most direct appeal to Putin since February invasion Vatican Official Compares It To Days Of Cuban Missile Crisis VATICAN CITY, Oct. 2 (Reuters) – Pope Francis first directly pleaded with Russian President Vladimir Putin to stop the “spiral of violence … Read more