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Oct 8 (Reuters) - A dozen people were wounded, including a 27-year-old woman and her 9-month-old baby, in a Russian attack on the southern Ukrainian region of Kherson, its governor said on Sunday. "The Kherson region experienced another terrible night," Governor Oleksandr Prokudin wrote on the Telegram messaging app. The woman and the infant were hospitalised with moderate wounds, he said, adding that a 33-year-old Red Cross medic was also wounded. Over the past 24 hours, Russian forces carried out 59 attacks on Kherson, the region's administration said on Telegram, including 19 instances of shelling of Kherson city, the region's administrative centre. Russia has frequently carried out air strikes and shelling on Ukraine since the start of its full-scale invasion in February 2022.
Persons: Oleksandr Prokudin, Lidia Kelly, William Mallard Organizations: Reuters, Thomson Locations: Ukrainian, Kherson, Kherson city, Russia, Ukraine, Melbourne
[1/5] Mourners attend the cremation ceremony of Moe Myint, a 31-year-old Burmese victim of the Thailand mall shooting, at a temple in Nonthaburi, Thailand, October 8, 2023. REUTERS/Jorge Silva Acquire Licensing RightsNONTHABURI, Thailand, Oct 8 (Reuters) - Among the hundreds mourning Moe Myint on Sunday was the mother of the Burmese victim of last week's shooting rampage at a Bangkok mall, seeming dazed at the cremation ceremony on the outskirts of the Thai capital. Tears streaking her face, Khin Win was revived with smelling salts as she sat at the Buddhist ceremony. Moe Myint was one of two killed when a 14-year-old boy went on a shooting spree at the luxury Siam Paragon shopping centre in Bangkok's bustling commercial area on Tuesday. Moe Myint's employer, Aksorn Chantarojvanich, who attended the funeral, said she would provide the family 10,000 baht ($270) a month, matching the remittances Moe Myint had sent home.
Persons: Moe Myint, Jorge Silva, Win, Khin Win, Moe Myint's, Aksorn Chantarojvanich, Tawee Sodsong, Napat Weshasartar, Panu, William Mallard Organizations: REUTERS, Siam Paragon, Thai, Thomson Locations: Thailand, Nonthaburi, Bangkok, Thai, Siam, Myanmar
Deadly Afghanistan earthquakes over the years
  + stars: | 2023-10-08 | by ( Mayank Bhardwaj | ) www.reuters.com   time to read: +2 min
An Afghan man walks past a damaged house after the recent earthquake in Wor Kali village in the Barmal district of Paktika province, Afghanistan, June 25, 2022. Afghanistan, hemmed in by mountains, has a long history of strong earthquakes, many in the rugged Hindu Kush region bordering Pakistan. KUNAR, September 2022As Afghanistan was recovering from strong earthquakes three months earlier, tremors hit Kunar province in September, killing eight. HINDU KUSH, 2002Twin earthquakes in the Hindu Kush in March 2002 killed a total of 1,100. HINDU KUSH, 1991An earthquake in the Hindu Kush killed 848 people across Afghanistan, Pakistan and the Soviet Union.
Persons: Ali Khara, Afghanistan's, Mayank Bhardwaj, William Mallard Organizations: REUTERS, Thomson Locations: Afghan, Barmal, Paktika province, Afghanistan, DELHI, Pakistan, BADAKHSHAN, Badakhshan, Jurm, KUNAR, Kunar, Paktika, India, Soviet Union, Iran, TAKHAR, Takhar
Signage is seen outside of a Walgreens, owned by the Walgreens Boots Alliance, Inc., in Manhattan, New York City, U.S., November 26, 2021. REUTERS/Andrew Kelly/File Photo Acquire Licensing RightsCompanies Walgreens Boots Alliance Inc FollowOct 6 (Reuters) - Pharmacy employees at some U.S. Walgreens (WBA.O) stores, including pharmacists, technicians and support staff, plan a walkout between Monday and Wednesday, CNN reported on Friday, citing an organizer. Some employees plan to walk out for one day, while others expect to close their pharmacies for all three, the network said, citing employees in three states. The walkout is in response to what pharmacy employees call burdensome prescription and vaccination expectations placed on pharmacists, the report said. Walgreens said in an emailed response it was engaged and listening to concerns raised by some of its team members.
Persons: Andrew Kelly, Walgreens, Kaiser, Dimpal, Devika Nair, Rishabh, Sandra Maler, Rosalba O'Brien, William Mallard Organizations: Walgreens, Walgreens Boots Alliance, Inc, REUTERS, CNN, Reuters, Kaiser Permanente, Thomson Locations: Manhattan , New York City, U.S, Bengaluru
Walgreens pharmacy employees plan walkout at US stores - CNN
  + stars: | 2023-10-07 | by ( ) www.reuters.com   time to read: +1 min
Signage is seen outside of a Walgreens, owned by the Walgreens Boots Alliance, Inc., in Manhattan, New York City, U.S., November 26, 2021. REUTERS/Andrew Kelly/File Photo Acquire Licensing RightsCompanies Walgreens Boots Alliance Inc FollowOct 6 (Reuters) - Pharmacy employees at some U.S. Walgreens (WBA.O) stores, including pharmacists, technicians and support staff, plan a walkout between Monday and Wednesday, CNN reported on Friday, citing an organizer. Some employees plan to walk out for one day, while others expect to close their pharmacies for all three, the network said, citing employees in three states. The walkout is in response to what pharmacy employees call burdensome prescription and vaccination expectations placed on pharmacists, the report said. Walgreens said in an emailed response it was engaged and listening to concerns raised by some of its team members.
Persons: Andrew Kelly, Walgreens, Kaiser, Dimpal, Devika Nair, Rishabh, Sandra Maler, Rosalba O'Brien, William Mallard Organizations: Walgreens, Walgreens Boots Alliance, Inc, REUTERS, CNN, Reuters, Kaiser Permanente, Thomson Locations: Manhattan , New York City, U.S, Bengaluru
Saturday's incident marked an unprecedented infiltration by Hamas gunmen into Israel from Gaza, and was the most serious escalation since Israel and Hamas fought a 10-day war in 2021. Israeli media reported gunbattles between bands of Palestinian fighters and security forces in towns in southern Israel. Hamas military commander Mohammad Deif announced the start of the operation in a broadcast on Hamas media, calling on Palestinians everywhere to fight. The Israeli military was aware of reports of captives, a security source said, but provided no further details. Israel's ambulance service said teams had been dispatched to areas in southern Israel near Gaza and residents were warned to stay inside.
Persons: Netanyahu, Benjamin Netanyahu, Mohammad Deif, Amir Cohen, Yoav Gallant, Khan Younis, Abu Hamza, , Henriette Chacar, Dan Williams, Nidal Al, James Mackenzie, William Mallard, Robert Birsel, Alex Richardson Organizations: Israel Hamas, Hamas, Israeli Army Radio, REUTERS, Islamic, Qassam, Thomson Locations: Israel, Gaza, JERUSALEM, GAZA, Palestinian, Jerusalem, Sderot, Beeri, Ashkelon, Khan, Syria, Egypt, Mughrabi
Haze hits Singapore as hot spots in Sumatra increase
  + stars: | 2023-10-07 | by ( Chen Lin | ) www.reuters.com   time to read: +2 min
Transborder haze is a perennial problem in Southeast Asia as regulatory loopholes make it hard for authorities to eliminate Indonesia's slash-and-burn land clearing practices. Singapore's National Environment Agency said 212 hot spots were detected on Indonesia's nearby Sumatra island on Friday, up from 65 on Thursday and 15 the day before. A brief shift in the wind direction on Friday afternoon blew some of the lighter haze toward Singapore, worsening the island nation's in air quality, it said. Earlier in the week Malaysia urged Indonesia to take action on the fires within Indonesia's borders as the air quality in Malaysia hit unhealthy levels. The most severe haze conditions recorded in Singapore were in September 2015, when the 24-hour index exceeded 300 to the hazardous level, prompting school closures.
Persons: Antara, Chen Lin, William Mallard Organizations: Rights, National Environment Agency, Thomson Locations: Ogan Ilir, South Sumatra, Indonesia, Rights SINGAPORE, Singapore, Southeast Asia, Sumatra, Malaysia, Indonesia's
[1/4] People march to demand the resignation of powerful senior prosecutors accused of working to undermine President-elect Bernardo Arevalo's ability to take office, in Guatemala City, Guatemala October 7, 2023. Former Minister of Defense of Uruguay Luis Rosadilla, and the OAS Secretary of Access to Rights and Equity Maricarmen Plata will lead the mission. Tens of thousands took to Guatemala's streets this week, demanding the resignation of powerful senior prosecutors accused of working to undermine Arevalo's ability to take office. Rosadilla and Plata will travel to Guatemala City "at the earliest possible date," and they will be joined by the representative of the OAS office in Guatemala, Diego Paz, the organization specified. Reporting by Sofia Menchu in Guatemala City; Writing by David Alire Garcia and Anna-Catherine Brigida; editing by William MallardOur Standards: The Thomson Reuters Trust Principles.
Persons: Bernardo Arevalo's, Josue, Bernardo Arevalo, Luis Almagro, Uruguay Luis Rosadilla, Equity Maricarmen, Diego Paz, Arevalo, Consuelo Porras, Arevalo's, Porras, Sofia Menchu, David Alire Garcia, Anna, Catherine Brigida, William Mallard Organizations: REUTERS, GUATEMALA CITY, of American States, Saturday, Defense, Rights, Equity, Semilla, U.S ., Thomson Locations: Guatemala City, Guatemala, GUATEMALA, OAS, Uruguay, Guatemalan Government, Rosadilla, Plata, June's, Central
KABUL, Oct 7 (Reuters) - At least 15 people were killed and 40 injured after multiple earthquakes struck western Afghanistan on Saturday, a disaster management official told Reuters. The quake registered a magnitude of 6.3, the U.S. Geological Survey (USGS) said, with subsequent quakes striking 35 km (20 miles) northwest of the city of Herat. The casualty figures are based on primary reports from the Zinda Jan district of Herat province, said Mullah Jan Sayeq, spokesperson for Afghanistan's ministry of disaster management. He added that the earthquakes had also shaken the provinces of Farah and Badghis, where there are reports of widespread damage to houses, but no details about casualties there yet. Emergency teams and volunteers are preparing to go Herat and help victims, Erfanullah Sharafzoi, spokesperson for the Afghan Red Crescent said.
Persons: Jan Sayeq, Erfanullah Sharafzoi, Crescent, Naseema, Rishabh, Mohammad Yunus Yawar, Giban Peshimam, Edwina Gibbs, William Mallard Organizations: Reuters, U.S . Geological Survey, Afghan, Thomson Locations: KABUL, Afghanistan, U.S, Herat, Herat province, Farah, Badghis, Bengaluru, Kabul
KCNA via REUTERS/File Photo Acquire Licensing RightsSEOUL, Oct 7 (Reuters) - Rail traffic along the North Korea-Russia border spiked this week to the highest in years, suggesting arms supply by Pyongyang to Moscow after their leaders discussed deeper military cooperation, a U.S. think tank said on Friday. Satellite imagery showed an "unprecedented" 73 or so freight cars at Tumangang Rail Station in the North Korean border city of Rason, the Beyond Parallel Project of the Washington-based Center for Strategic and International Studies said in a report. The traffic was far greater than that observed in the past five years, including pre-pandemic levels, it said. The U.S. and South Korea have warned military cooperation between North Korea and Russia was a violation of U.N. sanctions against Pyongyang. North Korea has slammed South Korean President Yoon Suk Yeol for criticising Pyongyang's cooperation after the summit, saying it was "natural" and "normal" for neighbours to keep close relations.
Persons: Vladimir Putin, Kim Jong Un, Kim, Putin, Yoon Suk, Joyce Lee, William Mallard Organizations: Vostochny, North, Korean Central News Agency, KCNA, REUTERS, Rights, Washington -, Strategic, International Studies, Pyongyang, South, Thomson Locations: Amur, Russia, Rights SEOUL, North Korea, Pyongyang, Moscow, U.S, Korean, Rason, Washington, Russian, Russia's Far, Ukraine, South Korea, Korea
KUALA LUMPUR, Oct 7 (Reuters) - Southeast Asian countries have agreed to prioritise helping each other overcome rice supply shortages and other food-related problems, Malaysia state news agency Bernama reported, citing the agricultural minister. The Association of Southeast Asian Nations (ASEAN) reached the agreement at a meeting in Kuala Lumpur this week, Agriculture and Food Security Minister Mohamad Sabu said on Friday, according to the agency. "ASEAN collaboration means if we face rice issues, ASEAN member countries will give priority to ASEAN nations first," he said. Malaysia, which imports about 38% of its rice needs, is among several countries affected by top exporters like India restricting shipments. Prime Minister Anwar Ibrahim warned of legal action against anyone found hoarding rice, to prevent consumers from stockpiling local grains.
Persons: Bernama, Mohamad Sabu, Mohamad, Anwar Ibrahim, Danial Azhar, William Mallard Organizations: The Association of Southeast Asian Nations, ASEAN, Food Security, Monday, Thomson Locations: KUALA LUMPUR, Malaysia, Kuala Lumpur, Agriculture, ASEAN, Vietnam, Cambodia, Thailand, India
Oct 7 (Reuters) - An earthquake of magnitude 5.6 struck northwestern Afghanistan on Saturday, the German Research Center for Geosciences (GFZ) said. GFZ revised the magnitude down from an initial reading of 6.2 for the quake, which it said was at a depth of 10 km (6.2 miles). Reporting by Rishabh Jaiswal in Bengaluru; Editing by Edwina Gibbs and William Mallard私たちの行動規範:トムソン・ロイター「信頼の原則」
Persons: GFZ, Rishabh, Edwina Gibbs, William Mallard 私 Organizations: German Research Center, Geosciences Locations: Afghanistan, Bengaluru
Myanmar Supreme Court Rejects Jailed Suu Kyi Appeals
  + stars: | 2023-10-07 | by ( Oct. | At P.M. | ) www.usnews.com   time to read: +1 min
(Reuters) - The Supreme Court in military-ruled Myanmar has rejected appeals against six corruption convictions for the jailed former leader Aung San Suu Kyi, according to media reports. Suu Kyi, in detention since the military toppled her government in a 2021 coup, faces 27 years in prison. Myanmar has been in turmoil since the coup and the junta's crackdown on opponents, with thousands jailed or killed. Many governments have called for the unconditional release of Suu Kyi and thousands of other political prisoners in the Southeast Asian country. The court in August rejected five appeals by Suu Kyi on illegally importing and possessing walkie-talkies, sedition and violating coronavirus restrictions.
Persons: Aung San, Suu Kyi, William Mallard Organizations: Reuters Locations: Myanmar, Aung San Suu
Russia hits Odesa grain facility in overnight missile strike
  + stars: | 2023-10-07 | by ( ) www.reuters.com   time to read: 1 min
KYIV, Oct 7 (Reuters) - Russian forces carried out an overnight missile strike on Ukraine's southern Odesa region, damaging port infrastructure, Ukrainian authorities said early on Saturday. Governor Oleh Kiper said four people were wounded in the strike, which hit a boarding house and a portside grain facility. Ukraine's military said the strike involved supersonic Onyx missiles fired from Russian-occupied Crimea. Russian forces have carried out regular missile and drone strikes on port infrastructure in recent weeks, making it difficult for major grain producer Ukraine to export its products. Moscow quit a deal in mid-July that had enabled Black Sea grain shipments and helped combat a global food crisis.
Persons: Oleh Kiper, Moscow, Dan Peleschuk, William Mallard Organizations: Onyx, Thomson Locations: Odesa, Russian, Crimea, Ukraine, Black
SYDNEY (Reuters) - Australia's Prime Minister Anthony Albanese voted on Saturday in a referendum to recognise the country's Indigenous people in the constitution, a week from a national polling day on the measure that is trailing in opinion surveys. Albanese's centre-left Labor government backs the change, while the opposition Liberal-National conservatives urge a vote of "No". Most Indigenous people favour the referendum, but some say it is a distraction from achieving practical and positive outcomes and would not fully resolve the issues affecting them. "I cast my vote today for Yes and I did so proudly in the knowledge that this is the request of Indigenous Australians," Albanese told reporters, according to a transcript. Marginalised by British colonial rulers and not mentioned in Australia's 122-year-old constitution, Indigenous Australians face disadvantages including discrimination, poor health and education outcomes and high incarceration rates.
Persons: Anthony Albanese, Albanese, Nathan Albanese, " Albanese, Sam McKeith, William Mallard Organizations: SYDNEY, Australia's, Labor, Liberal, Aboriginal, Torres Strait Locations: Albanese's, Sydney, Marrickville, Australia's, New South Wales, Australia
(Reuters) - Russian air defence forces took down a Ukrainian drone near Moscow early on Saturday that appeared to cause no damage or injuries, Russian state-owned news agency TASS reported. The attack, repelled over the Istra district northwest of the capital, was an attempt by Ukraine to attack Russian facilities, TASS reported, citing Russia's Defense Ministry. Moscow Mayor Sergei Sobyanin said preliminary reports showed no casualties or damage but that "emergencies services are working at the scene," TASS said, citing his channel on the Telegram messaging app. The reported attack on Russia follows Russian air strikes on Ukraine on Friday that Ukrainian officials said killed a 10-year-old boy and his grandmother in Kharkiv and damaged grain and port infrastructure in the Odesa region. A day earlier, Ukrainian officials said dozens were killed in the village of Hroza in northeastern Ukraine during a gathering to mourn a fallen Ukrainian soldier.
Persons: Sergei Sobyanin, Rishabh, William Mallard Organizations: Reuters, TASS, Russia's, Ministry, Moscow, Moscow's Locations: Ukrainian, Moscow, Russian, Istra, Ukraine, Russia, Kharkiv, Odesa, Hroza, Bengaluru
"It demonstrates the company's capabilities and readiness to refine different types and complexities of crude oil." Cnergyico conducted due diligence and consulted with external sanctions counsel to ensure the import of Russian oil did not violate sanctions, he said. Last year, Pakistan's total crude imports registered at 154,000 bpd. The government paid in Chinese yuan for its first import of discounted Russian crude, which went to state-owned Pakistan Refinery Ltd (PKRF.PSX). Cnergyico said it expects to make the Russian imports viable through the export of furnace oil to generate foreign exchange.
Persons: Alexander Manzyuk, Cnergyico, Ariba Shahid, William Mallard, Tom Hogue Organizations: REUTERS, Rights, Reuters, Pakistan Refinery Ltd, Bank, United Arab, Thomson Locations: Republic of Tatarstan, Russia, Rights KARACHI, Pakistan, Ukraine, Saudi Arabia, United Arab Emirates, Karachi
Prices rose 0.05% on average from the previous month after falling since May, according to a survey by China Index Academy, a real estate research firm. Confidence in the property sector, which accounts for one-fourth of economic activity, has been hit since 2021 when Beijing cracked down on debt accumulation by developers, fuelling a debt crisis. Deepening problems in the sector this year have dragged on the world's second-biggest economy and rattled global financial markets. These policies have given major cities like Beijing a tiny boost in new home sales, but some worry the improvement might be short-lived and could potentially dry up demand in smaller cities. If such policies continue to be optimised, the report said, the market in first-tier cities are likely to stabilise this quarter while recovery in smaller cities might take longer.
Persons: Brenda Goh, Liangping Gao, William Mallard Organizations: China Index Academy, China Evergrande, HK, Thomson Locations: SHANGHAI, Beijing, China
South Korea September exports fall at mildest pace in 12 months
  + stars: | 2023-10-01 | by ( ) www.reuters.com   time to read: +1 min
It was the 12th consecutive month of a decline in exports but the narrowest in the streak. Trade Minister Bang Moon-kyu said exports continued to improve and that they were now at the "inflection point" for a transition to growth. Imports fell 16.5% to $50.96 billion, also milder than the 22.8% drop the previous month and the median 17.6% forecast. As a result, the country posted a trade surplus of $3.70 billion in September. It was the fourth straight month in surplus and the widest since September 2021.
Persons: Asia's, Jihoon Lee, Leslie Adler, William Mallard Organizations: European Union, Trade, Thomson Locations: SEOUL, China, United States
The Cuban flag flutters in the wind after being raised at the Cuban Embassy reopening ceremony in Washington July 20, 2015. REUTERS/Gary Cameron/File Photo Acquire Licensing RightsSEOUL, Oct 1 (Reuters) - North Korea accused the United States on Sunday of letting a "terrorist" act against Cuba take place on U.S. soil, saying a recent attack against the Cuban embassy in Washington was the result of "despicable anti-Cuban" U.S. intentions. Along with Cuba, North Korea, Syria and Iran are on the State Department list. White House national security adviser Jake Sullivan said the United States strongly condemned the attack and that U.S. law enforcement authorities would investigate. Havana has said it is unreasonable for Washington to keep Cuba on its terrorism list and maintain a Cold War-era economic embargo.
Persons: Gary Cameron, Jake Sullivan, Jack Kim, William Mallard Organizations: Cuban, REUTERS, Rights, United, State Department, North Korean, White House, Thomson Locations: Cuban, Washington, Rights SEOUL, North Korea, United States, Cuba, North, Syria, Iran, Havana
New Zealand PM tests COVID-positive two weeks before election
  + stars: | 2023-10-01 | by ( ) www.reuters.com   time to read: +2 min
[1/3] Prime Minister and Labour Party Leader Chris Hipkins speaks at the New Zealand Labour Party's election campaign launch event in Auckland, New Zealand, September 2, 2023. REUTERS/David Rowland/File Photo Acquire Licensing RightsSYDNEY, Oct 1 (Reuters) - New Zealand Prime Minister Chris Hipkins has tested positive for COVID-19 and will work remotely while isolating, his office said on Sunday, just two weeks before a general election in which his Labour party is struggling. The positive test will temporarily sideline Hipkins in the campaign for the Oct. 14 election. Deputy Prime Minister Carmel Sepuloni would stand in for Hipkins at a Samoan church service in Auckland on Sunday, a spokesperson said. The prime minister's office said further updates on his schedule "will be provided in due course".
Persons: Chris Hipkins, David Rowland, Carmel Sepuloni, Hipkins, Sam McKeith, Nick Zieminski, William Mallard Organizations: Labour Party, New Zealand Labour, REUTERS, Rights, Zealand, Labour, National, Thomson Locations: Auckland , New Zealand, Hipkins, Auckland, Sydney
Just before 8 p.m. (1200 GMT) on Saturday, Kuwait's Ali Zankawi lined up for one of his throws in the men's hammer final at the eastern Chinese city's packed Olympic stadium. But instead of soaring straight onto the outfield, the hammer flew out sideways and low to the right, smashing into the leg of the sitting technical official. Looking horrified, Zankawi sprinted over as blood began spurting from the official's right leg. The official, Huang Qinhua, 62, grimaced and swayed dizzily as Zankawi rushed to check on him, blood shooting out of the wound. The netting in athletics is designed to hang relatively loosely to prevent hammer balls and discuses from bouncing back at the athletes after misthrows.
Persons: Kuwait's Ali Zankawi, Dylan Martinez, Zankawi, Huang Qinhua, grimaced, dizzily, Huang, Xu Deqing, China's Wang Qi, Martin Quin Pollard, William Mallard Organizations: Olympic Sports Centre, Rights, Asian, misthrows, Weibo, Thomson Locations: Hangzhou, China, Rights HANGZHOU
Flawless Kudermetova dismantles Pegula to claim Tokyo title
  + stars: | 2023-10-01 | by ( ) www.reuters.com   time to read: +2 min
It was Kudermetova's second win over Pegula this season - following her victory in the Madrid quarter-finals - and a fifth win in her last six matches against top-10 opponents. It's my second title and I'm proud of myself," said Kudermetova, whose previous title was also a WTA 500 crown at Charleston in 2021. "I prepared myself for a tough match as Jessica is a great player and a great fighter... Pegula counted the positives after a good week in which she did not drop a set until the final. "It's always great to give yourself a chance to win the tournament," Pegula said.
Persons: Russia's Veronika Kudermetova, Jessica Pegula, Androniki, Veronika Kudermetova, Iga, I'm, Jessica, It's, Pegula, Aryna, Iga Swiatek, Coco Gauff, Elena Rybakina, Shrivathsa Sridhar, William Mallard, Michael Perry Organizations: Pan, Ariake, U.S, REUTERS, Rights, Pan Pacific, Charleston, Thomson Locations: Tokyo, Japan, American, Russian, Madrid, Beijing, Cancun , Mexico, Bengaluru
Bank of Japan Governor Kazuo Ueda speaks at a group interview with media in Tokyo, Japan, May 25, 2023. "The objective of the Bank's monetary policy is achieving price stability, which is its mission as stipulated by law. "A central bank's ability to conduct monetary policy is not impaired by a temporary decrease in its profits and capital, provided that it conducts appropriate monetary policy," he said. Some academics have warned the BOJ's huge balance sheet will make an exit from ultra-loose policy difficult by exposing it to massive losses that could put its credibility on the line. But he has also said the BOJ will consider an exit when sustained, stable achievement of its price target is in sight.
Persons: Kazuo Ueda, Kim Kyung, Ueda, Haruhiko, Leika Kihara, William Mallard, Sonali Paul, Michael Perry Organizations: Japan, REUTERS, Bank of Japan, Japan Society of Monetary, Thomson Locations: Tokyo, Japan, TOKYO
An employee works on the production line at Jingjin filter press factory in Dezhou, Shandong province, China August 25, 2022. China's non-manufacturing PMI, which incorporates sub-indexes for service sector activity and construction, also rose, coming in at 51.7 versus August's 51.0. PROPERTY RISKSMore stable economic indicators will be welcomed by policymakers as they continue to grapple with a property sector debt crisis that has rattled global markets. Analysts say more policy support will be needed to ensure China's economy can hit the government's growth target of about 5% this year. "China's economy stabilised partly driven by the loosening of property sector policies," said Zhiwei Zhang, chief economist of Pinpoint Asset Management.
Persons: Siyi Liu, Zhou Hao, Zhiwei Zhang, Ryan Woo, Tina Qiao, Joe Cash, Michael Perry, William Mallard Organizations: REUTERS, National Bureau of Statistics, PMI, Guotai, China Evergrande, HK, Asian Development Bank, Analysts, Thomson Locations: Dezhou, Shandong province, China, BEIJING
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