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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Dow edges up as stocks look to rebound ahead of coming inflation, retail sales data
U.S. stock indexes were higher Monday afternoon, boosted by producers of luxury items and services, including Tesla, as investors await inflation…
Mighty dollar shares in Fed’s heavy lifting: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) -If Federal Reserve officials want U.S. financial conditions to tighten enough to cool the…
Households found it harder to obtain credit in August: New York Fed
A record number of Americans reported finding it harder to obtain credit in August than one year ago, which could…
AirAsia’s operations to return to pre-pandemic level by Dec, says Capital A CEO
SINGAPORE (Reuters) -Capital A Berhad, parent of Malaysian budget airline AirAsia, expects to see the carrier's operations returning to pre-pandemic…
Expert calls out college degree ‘marketing lie’ as borrowers prepare for student loan payments to resume
As borrowers prepare for student loan payments to resume, one personal finance expert is calling out the "marketing lie" of…
China’s Aug new bank loans jump more than expected, more policy steps expected
By Kevin Yao BEIJING (Reuters) -New bank lending in China beat expectations by nearly quadrupling in August from July's level,…
Gold gains ground as dollar retreats ahead of key inflation reading this week
Gold futures edged higher Monday, finding support as the U.S. dollar weakened and investors looked ahead to this week’s key…
Analysis-BOJ’s hawkish tilt suggests end to super-easy policy approaching
By Leika Kihara TOKYO (Reuters) - Bank of Japan policymakers are increasingly talking up the need to shift away from…
London-listed miners boosted by hopes of revived China demand
Shares of London-listed miners led U.K. stocks higher Monday as news of easing deflationary pressure in China bolstered hopes of…
Global companies to hike security spending as threats rise – survey
By Kate Holton LONDON (Reuters) - Almost half of security chiefs at the world's biggest companies expect to increase their…
More Chinese cities lift home-buying curbs to revive demand
BEIJING (Reuters) -Two major cities in eastern China lifted all curbs on home purchases and selling on Monday, joining several…
Treasury yields rise as inflation data looms, as Japanese yields reach highest since 2014
Bond yields rose Monday after the Bank of Japan hinted of an end to negative interest rates and traders eyed…
Yen surges more than 1% on BOJ’s remarks; dollar sinks ahead of US inflation
By Rae Wee, Junko Fujita and Joice Alves SINGAPORE/LONDON (Reuters) - The yen jumped on Monday as comments from Bank…
European shares hit 1-week high on China optimism; focus on US CPI, ECB meet
By Amruta Khandekar and Shubham Batra (Reuters) -European shares hit a one-week high on Monday, buoyed by data indicating signs…
Exclusive-China’s central bank to peruse bulk dollar purchases – sources
BEIJING/SHANGHAI (Reuters) - China's central bank is tightening its scrutiny of bulk dollar purchases by domestic firms, three sources with…
Author of Musk biography changes account of disabling Ukraine drone attack
Walter Isaacson said his description of Elon Musk’s decision not to allow his satellite system to be used by Ukraine…
Three Chinese cities lift house-buying curbs
BEIJING (Reuters) - At least three major Chinese cities last week removed restrictions on home buying, as the Asian giant…
Oil cut extension raises risk of Saudi economic contraction this year
By Yousef Saba and Rachna Uppal DUBAI (Reuters) -Saudi Arabia faces the risk of an economic contraction this year following…