Economy
Japan Inc set to offer bumper pay hikes, paving way for BOJ stimulus exit By Reuters
By Tetsushi Kajimoto TOKYO (Reuters) - Big Japanese companies look set to formally offer hefty pay hikes at annual wage talks with unions that wrap…
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IMF Renews Critiacism of Lebanon for Lack of Economic Reforms
The International Monetary Fund (IMF) renewed its critique of Lebanon on Friday for failing to implement critical economic reforms, warning…
European shares log weekly gains on China optimism, hopes for pause at ECB
By Bansari Mayur Kamdar and Shashwat Chauhan (Reuters) -European shares marked weekly gains on Friday, as better-than-expected Chinese data lifted…
Inflation Expectations Decline as Gas Prices Drive Headline Price Increase
The Federal Reserve's ongoing battle against inflation has seen a positive turn, with consumer inflation expectations falling to their lowest…
ECB Raises Interest Rates, Sparking Speculation Over Future Trajectory
The European Central Bank (ECB) has raised interest rates by 25 basis points, marking a significant shift in its monetary…
Blockchain analysts suspect N. Korea-linked hackers behind $70m crypto theft
By Elizabeth Howcroft and Raphael Satter LONDON (Reuters) - Blockchain researchers say North Korea-linked hackers are likely behind a $70…
Dollar surges as ECB signals pause in rate hikes, markets expect similar stance from Bank of England
The US Dollar emerged as the victor following the European Central Bank's (ECB) dovish policy announcement on Thursday, September 14,…
Lebanon’s economic challenges persist four years post-meltdown, says IMF
Four years after Lebanon's historic financial meltdown, the International Monetary Fund (IMF) has warned that the country continues to grapple…
Democrats join GOP, banks in pushing back on proposed bank capital rules
Democrats are increasingly split over the issue of tougher bank regulations, as some of the party’s lawmakers join their Republican…
SoftBank-backed Neumora valued at $2.51 billion in lukewarm debut
By Jaiveer Shekhawat (Reuters) -Shares of Neumora Therapeutics, which is backed by Amgen (NASDAQ:) and Japan's SoftBank (TYO:), fell in…
Biden’s offshore wind target slipping out of reach as projects struggle
By Nichola Groom (Reuters) - President Joe Biden’s goal to deploy 30,000 megawatts of offshore wind along U.S. coastlines this…
Ukraine’s Zelenskiy to visit US Congress next week -reports
WASHINGTON (Reuters) - Volodymyr Zelenskiy will visit the U.S. Congress next week, according to media reports, after a U.S. official…
Federal Reserve’s liquidity program sees surge amid high Treasury yields
The Bank Term Funding Program (BTFP), an emergency liquidity initiative by the Federal Reserve, witnessed a significant increase in borrowing…
Federal Reserve’s upcoming meeting fuels speculation on interest rate trajectory
The Federal Reserve is set to convene next week, with Wall Street and the global financial community eagerly awaiting their…
Canada trade minister is postponing a planned trade mission to India
By Steve Scherer OTTAWA (Reuters) - Canadian Trade Minister Mary Ng is postponing a trade mission to India planned for…
Exclusive-US retailer holiday hiring to drop to levels last seen in 2008
By Siddharth Cavale NEW YORK (Reuters) -U.S. retailers will hire the lowest number of seasonal workers for this holiday season…
Exclusive-IMF, World Bank to decide Monday on Oct 9-15 meetings in earthquake-hit Morocco -Georgieva
By Andrea Shalal WASHINGTON (Reuters) -The International Monetary Fund and World Bank will decide on Monday whether to proceed with…
Exclusive-IMF to urge China to shift growth model towards consumption, Georgieva says
By Andrea Shalal and David Lawder WASHINGTON (Reuters) -The International Monetary Fund plans to tell China to boost weak domestic…
Wall St Week Ahead: Last Fed hike tends to aid stocks, but some have doubts this time
By Lewis Krauskopf NEW YORK (Reuters) - The end of the Federal Reserve's rate hiking cycle has generally been a…