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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Fed’s Logan: can skip Sept rate hike, but ‘there is work left to do’
(Reuters) - Dallas Federal Reserve Bank President Lorie Logan on Thursday said that while it "could be appropriate" to skip…
Analysis-China needs more than cheaper mortgages to revive spending
SHANGHAI/BEIJING (Reuters) - Simon Yu's monthly mortgage payments for his Shanghai apartment will drop after China's latest measures to support…
UK employers curb hiring at fastest rate in over 3 years: REC
By David Milliken LONDON (Reuters) - British employers concerned about the economic outlook reduced the number of workers they hired…
Biden and Modi to make progress on GE jet engines, nuclear – White House
ABOARD AIR FORCE ONE (Reuters) - The White House expects to see meaningful progress on GE jet engines and civil…
Global container freight still stalled: Kemp
By John Kemp LONDON (Reuters) -Global industrial production and containerised freight flows remained in the doldrums at the start of…
Marketmind: No Happy Friday feeling as gloom persists
By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.…
India inflation likely cooled in August, but still above RBI target range – Reuters poll
By Anant Chandak BENGALURU (Reuters) - Inflation in India was likely to have eased in August from a 15-month high…
Marketmind: Apple and dollar roil markets
A look at the day ahead in European and global markets from Ankur Banerjee Investors probably can't wait for the…
Yellen to work with India at G20 Summit to aid successful communique crafting
By Nikunj Ohri and David Lawder NEW DELHI (Reuters) -U.S. Treasury Secretary Janet Yellen said on Friday the United States…
Nanjing scraps home-buying curbs in China’s latest property boost
BEIJING (Reuters) - Nanjing has eliminated curbs on home buying, the first big Chinese city to do so, as policymakers…
Citigroup cuts 2023 euro area real GDP growth forecast to 0.4%
(Reuters) - Citigroup (NYSE:) downgraded its 2023 economic growth forecast for the euro area to 0.4%, and said it expected…
Future of North Dakota access pipeline for oil transport in limbo after no action yet from Biden
The Biden administration took a pass on a status update for the Dakota Access Pipeline after a draft environmental review…
Take Five: Doves versus hawks
LONDON (Reuters) - It's a packed week ahead for markets with the European Central Bank holding a crunch meeting on…
TurboTax misled consumers with ads touting free filing, FTC judge rules
A Federal Trade Commission administrative law judge ruled that Intuit, the maker of the widely used TurboTax filing software, engaged…
US, Saudi Arabia, India discuss possible rail, port deal -sources
By Steve Holland and Trevor Hunnicutt WASHINGTON (Reuters) -The U.S., Saudi Arabia, India and other nations are discussing a possible…
U.S. consumer credit growth slows in July
The numbers: Total consumer credit rose $10.4 billion in July, down from a revised $14 billion gain in the prior…
China’s Aug new yuan loans seen rebounding on policy support – Reuters poll
BEIJING (Reuters) - China's new yuan loans are expected to rebound in August after tumbling in July to the lowest…
Lending by U.S. banks rebounds in latest week
The numbers: Commercial and industrial loans — a key economic driver — rebounded by a seasonally adjusted $6.9 billion to…