* Japanese rubber futures climbed on Tuesday, as the market
held
onto hopes for a smaller-than-anticipated rate hike, while a
revised growth forecast from the World Bank lent some support.
* The Osaka Exchange (OSE) rubber contract for September
delivery was up 2.5 yen, or 1.2%, at 206.8 yen ($1.55)
per kg as of 0215 GMT.
* The rubber contract on the Shanghai futures exchange
(SHFE) for
September delivery was up 25 yuan, or 0.2%, at 11,690
yuan ($1,698.09) per tonne.
* Japan's benchmark Nikkei average opened up 0.95%.
* Japan's new central bank governor Kazuo Ueda said on
Monday it
was appropriate to maintain the bank's ultra-loose monetary
policy for now as inflation has yet to hit 2% as a trend,
suggesting he will be in no rush to dial back its massive
stimulus.
* Also on Monday, World Bank Group President David Malpass
said
that the lender has revised its 2023 global growth outlook
slightly upward to 2% from a January forecast of 1.7% but the
slowdown from stronger 2022 growth will increase debt distress
for developing countries.
* Finance Minister Shunichi Suzuki said on Tuesday that
Japan
would chair a Group of Seven (G7) financial leaders' meeting on
Wednesday in Washington to discuss the global economy and
financial markets, the strengthening of supply chains and the
Ukraine crisis.
* Stocks in Asia are buoyed by an optimistic sentiment of
investors betting central banks in the region to go divergent
with U.S. Federal Reserve to end interest rate hike soon with
the Fed to dish a smaller-than-anticipated interest rates hikes
in May.
* The front-month rubber contract on Singapore Exchange's
SICOM
platform for May delivery last traded at 132.9 U.S.
cents per kg, up 0.2%.
($1 = 133.3700 yen)
($1 = 6.8842 yuan)
(Reporting by Carman Chew; editing by Uttaresh Venkateshwaran)
SINGAPORE, April 11 (Reuters) -
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