By Leika Kihara TOKYO (Reuters) -Japan’s banking sector won’t face incidents similar to the collapse of U.S. lender Silicon Valley Bank due to differences in the structure of bank deposits[...]
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March 15, 2023
China Jan-Feb aluminium output up 7.5% as demand hopes rise
BEIJING (Reuters) -China’s aluminium production rose 7.5% in the first two months of 2023, official data showed on Wednesday, after the end of strict COVID-19 controls improved the economic outl[...]
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China coal output up 5.8% in Jan-Feb as new capacity comes online
BEIJING (Reuters) – China’s coal output rose by 5.8% in the first two months of 2023 from the same period a year earlier, government data showed on Wednesday, as new mining capacity came o[...]
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BOJ debated feasibility of tweaking yield control in Jan-minutes
By Leika Kihara TOKYO (Reuters) -Bank of Japan (BOJ) policymakers debated the feasibility of making further tweaks to its bond yield control in January with one member saying it must keep “vario[...]
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China Jan-Feb refinery output up 3.3% on fuel policy, demand recovery
(Reuters) – Chinese refineries processed 3.3% more crude oil in the first two months of 2023 compared with a year earlier, data showed on Wednesday, spurred by fuel export policy and as independ[...]
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China Jan-Feb crude steel output up 5.6 % on yr – stats bureau
BEIJING (Reuters) – China’s crude steel output in the first two months of 2023 rose 5.6% from a year earlier, official data showed on Wednesday, as many domestic steel mills ramped up prod[...]
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China central bank ramps up fund injection via medium-term policy loans
SHANGHAI (Reuters) – China’s central bank ramped up liquidity injections when rolling over maturing medium-term policy loans for a fourth month in a row on Wednesday, while keeping the int[...]
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SVB failure offers lesson for China – state media
SHANGHAI/HONG KONG (Reuters) – The collapse of Silicon Valley Bank (SVB) will not impact China’s financial system but offers an important lesson for the country’s banking industry, t[...]
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Investors tiptoe back into US bank stocks, regulators probe SVB collapse
By Chris Prentice (Reuters) – Bruised U.S. bank stocks regained some ground on Tuesday, as a sell-off sparked by Silicon Valley Bank’s collapse gave way to bargain-hunting by investors hop[...]
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