TOKYO -- Japan's core consumer prices stood flat in August from a year earlier, as a record drop in mobile phone charges was offset by surges of accommodation fees and energy prices amid the damaged economy gradually recovered from the COVID-19 pandemic, government data showed Friday.
Although central banks in the United States and Europe started preparing to reduce stimulus because of the prospect of accelerating inflation, the Bank of Japan (BOJ) did not see a similar urgent and would maintain the monetary easing to reach its 2 percent inflation target. (Japan-Core CPI-Economic Recovery)
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SEOUL -- Price for goods and services among South Korean suppliers kept rising for 10 straight months due to higher farm goods price, central bank data showed Friday.
The producer price index (PPI) stood at 110.72 in August, up 0.4 percent from the previous month, according to the Bank of Korea (BOK). (South Korea-PPI)
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WASHINGTON -- The U.S. House select committee investigating the Jan. 6 Capitol riot issued the first batch of subpoenas on Thursday against four allies of former President Donald Trump, asking them to appear for depositions.
The subpoenas were sent to former top White House adviser Steve Bannon, former White House Chief of Staff Mark Meadows, former White House Deputy Chief of Staff Dan Scavino, and former Pentagon Chief of Staff Kash Patel. (US-Capitol Riot Probe)
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SEOUL -- South Korea reported 2,434 more cases of COVID-19 as of midnight Thursday compared to 24 hours ago, raising the total number of infections to 295,132.
It marked the country's highest daily spike caseload since the first case was found here in January last year. The previous high was 2,221 tallied on Aug. 11. (South Korea-COVID-19 Cases)