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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Instacart targets up to $9.3 billion valuation for much-awaited US IPO
By Niket Nishant (Reuters) -Instacart on Monday set a target of up to $9.3 billion in valuation on fully diluted…
Disney, Charter reach distribution deal ahead of ‘Monday Night Football’
By Dawn Chmielewski (Reuters) -Walt Disney and Charter Communications (NASDAQ:) said on Monday they have reached a deal that will…
Analysis-For retail investors, jumping on Arm’s blockbuster IPO is a risky business
By Noel Randewich and Hannah Lang (Reuters) -Retail traders getting their first bite at Arm Holdings' highly anticipated public offering…
Stocks steady, dollar catches breath as traders eye US CPI
By Tom Westbrook SINGAPORE (Reuters) - Asian stock markets nudged sideways on Tuesday while the dollar took a breather, its…
Yen stands tall, dollar finds floor ahead of US inflation
By Rae Wee SINGAPORE (Reuters) - The yen steadied near a one-week high on Tuesday as comments from Japan's top…
U.S. budget deficit will double this year to $2 trillion, excluding student loans, CBO says
The U.S. federal budget deficit will double from $1 trillion last year to $2 trillion this year, when President Joe…
Biden calls for ‘national unity’ on 9/11 anniversary
President Joe Biden made an appeal for “national unity” on Monday as he gave a speech in honor of the…
Marketmind: China’s weak property stocks set the pace
A look at the day ahead in European and global markets from Kevin Buckland A light calendar for Europe today…
‘Xi Jinping is preparing for war’: China hawk in Congress pushes new investment restrictions
President Joe Biden has taken a number of steps to prevent the flow of strategic U.S. technologies to China, but…
Pricing in focus as Zara owner Inditex seeks to maintain its edge over rivals
By Helen Reid and Corina Pons LONDON/MADRID (Reuters) - Zara owner Inditex (BME:), which was among the first fashion retailers…
Stop or go? Five questions for the ECB
By Yoruk Bahceli and Stefano Rebaudo (Reuters) - For a year European Central Bank interest rate hikes were a done…
Blinken refuses to take bait during CNN interview on whether Musk purposefully undermined Ukraine
Secretary of State Antony Blinken sidestepped questions on Sunday about reports that Elon Musk, CEO of SpaceX and Tesla TSLA,…
Malaysia targets at least 5% economic growth annually until 2025 – PM
KUALA LUMPUR (Reuters) - Malaysia is aiming for economic growth of at least 5% annually until 2025, lower than the…
9/11 anniversary: Harris, DeSantis and Giuliani join local politicians in paying respects at ground zero
Vice President Kamala Harris and Florida Gov. Ron DeSantis, one of the Republicans running for president in 2024, joined New…
Analysis-European retailers risk dressing-down from investors as consumers flinch
By Joice Alves LONDON (Reuters) - European retailers have been unlikely stock market stars this year, but a long spell…
The Fed is done raising interest rates, ABA economists say, and the U.S. is poised for a soft landing
A resilient U.S. economy is likely to dodge a recession if the Federal Reserve is done raising interest rates, but…
Franklin Templeton CEO says China pessimism is overhyped
By Yantoultra Ngui SINGAPORE (Reuters) - The idea that investment opportunities in China have met their demise is probably overhyped,…
Wall Street gains, dollar eases as CPI report looms
By Stephen Culp NEW YORK (Reuters) - Wall Street advanced and the dollar retreated on Monday, as investors looked ahead…