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 urges pact to boost its resource quota, strengthen world economy
By Swati Bhat NEW DELHI (Reuters) - It is vital to increase quota resources for the International Monetary Fund (IMF)…
Egypt’s August headline inflation jumps to a record 37.4%
(Reuters) - Egypt's annual urban consumer price inflation rate surged to a higher-than-expected record 37.4% in August from 36.5% in…
Key takeaways from the 2023 G20 summit in New Delhi
By Sanjeev Miglani NEW DELHI (Reuters) - Leaders of the world's 20 big economies ended a summit in the Indian…
China relaxes rules for insurers to invest in stock markets
BEIJING (Reuters) - China's financial regulator on Sunday reduced the risk weighting it attaches to insurance companies' holdings of blue-chip…
G20 summit wraps up in New Delhi; Macron says it confirms isolation of Russia
By Katya Golubkova, Michel Rose and Manoj Kumar NEW DELHI (Reuters) -The G20 summit in New Delhi ended on Sunday…
Morning bid: Tightest financial conditions this year bite
By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.…
Global money market funds attract biggest weekly inflows in three months
(Reuters) - Global money market funds attracted robust inflows in the week ended Sept. 6, as investors gravitated towards safer…
US equity funds see outflows for sixth week in a row
(Reuters) - Investors withdrew from U.S. equity funds for a sixth successive week in the seven days to Sept. 6,…
Canada gains 39,900 jobs in August, jobless rate holds at 5.5%
(Reuters) - Canada's economy gained a net 39,900 jobs in August, largely in full-time work, and the jobless rate held…
U.S. food companies go deal hunting as pandemic growth fades
By Deborah Mary Sophia (Reuters) - U.S. packaged food companies are set for a flurry of deals in a push…
El Salvador bonds extend rally on debt maturity extension, Google deal
By Rodrigo Campos and Nelson Renteria NEW YORK/SAN SALVADOR (Reuters) - An agreement between El Salvador and a group of…
When will consumers stop buying more stuff? It’s a key question for the stock market in the week ahead.
Consumer spending has defied Wall Street expectations all year, both by keeping stocks afloat near record levels and by preventing…
Nvidia strikes deals with Reliance, Tata in deepening India AI bet
By Munsif Vengattil and Dhwani Pandya BENGALURU (Reuters) -U.S. chip firm Nvidia (NASDAQ:) on Friday announced AI partnerships with Indian…
Column-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…
UK watchdog to ‘ramp up’ checks on how banks assess risks
By Huw Jones LONDON (Reuters) - Britain's financial watchdog told banks on Friday it would "ramp up" checks on whether…
Milei leads polls in Argentina election after primary shock
By Nicolás Misculin BUENOS AIRES (Reuters) -Argentina's pollsters, caught out by the surprise win of radical libertarian Javier Milei in…
Canada gains more jobs than expected in August, wage growth accelerates
By David Ljunggren and Steve Scherer OTTAWA (Reuters) - Canada's economy added almost three times the number of jobs expected…
Fed policymakers to sit tight on rates, debate if more is needed
By Ann Saphir (Reuters) - Ahead of their policy-setting meeting this month, Federal Reserve policymakers have been pretty clear about…