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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California advances first-in-nation law demanding big companies reveal all emissions
The California Legislature on Tuesday approves rules that will soon require companies in the state making over $1 billion in…
Analysis-G20 summit agrees on words but struggles on action
By YP Rajesh and Krishn Kaushik NEW DELHI (Reuters) - The Group of 20 major economies reached a hard-fought compromise…
Inflation data this week, Alibaba leadership shake-up – what’s moving markets
Investing.com -- Key U.S. inflation data later this week looms large, with investors hoping that the figures will help clear up…
Sen. J.D. Vance accuses SEC Chair Gary Gensler of a ‘vendetta’ against former President Donald Trump
Republican Sen. J.D. Vance of Ohio accused Gary Gensler, the nation’s foremost financial regulator of using its enforcement powers to…
US West Coast ports gained market share in August after labor deal -report
By Lisa Baertlein LOS ANGELES (Reuters) - U.S. West Coast ports, which reached a labor deal with their workers this…
Gaetz threatens to oust McCarthy from House speaker post
Republican Rep. Matt Gaetz of Florida on Tuesday fired a salvo in an intraparty fight over spending that could lead…
HSBC to raise mortgage rates in Hong Kong; property stocks fall
By Xie Yu and Selena Li HONG KONG (Reuters) -HSBC Holdings will raise its mortgage rates in Hong Kong by…
Ad spending for 2024 elections seen reaching record of $10.2 billion
The 2024 U.S. election cycle will spur an estimated $10.2 billion in advertising spending, according to a new report from…
Malaysia to ban export of rare earths to boost domestic industry
By A. Ananthalakshmi and Mai Nguyen KUALA LUMPUR (Reuters) -Malaysia will develop a policy to ban exports of rare earth…
Opinion: Labor unions are good for workers, and here’s why they also make good business sense
“ Businesses have an opportunity to align their interests with that of their employees. ” Call it the afterglow from a…
India bond yield curve inversion to persist on tight liquidity, inflation fears – traders
By Dharamraj Dhutia MUMBAI (Reuters) - Tight liquidity conditions and sticky inflation will keep the four-year to 10-year part of…
Opinion: U.S. cities should consider these concrete actions to house the homeless
Homeless villages under highway overpasses and tent camps in other public spaces create the appearance of a new epidemic, but historically, homelessness…
Brazil’s inflation expected to have picked up slightly in August: Reuters poll
By Gabriel Burin (Reuters) - Brazil's inflation picked up slightly in August from July due to the finalization of a…
Wizz Air sees 10% capacity reduction in H2 2024 amid Pratt & Whitney inspection
(Reuters) -Wizz Air said on Monday it estimates a potential 10% capacity reduction in the second half of fiscal 2024,…
Gold prices settle at a 3-week low as dollar climbs ahead of U.S. August inflation report
Gold prices settled Tuesday at their lowest in three weeks, with a stronger dollar putting pressure on precious-metals prices, as…
NY Fed poll finds mostly stable inflation views, more financial worries in August
By Michael S. Derby (Reuters) - Americans’ overall views on inflation were little changed in August, even as they predicted…
House Speaker McCarthy announces impeachment inquiry into President Biden
House Speaker Kevin McCarthy on Tuesday announced an impeachment inquiry into President Joe Biden, saying that House Republicans have in…
Explainer-Auto industry on tenterhooks ahead of potential UAW strike against ‘Detroit Three’
By Nathan Gomes (Reuters) -The United Auto Workers (UAW) union expects to go on strike against the Detroit Three automakers…