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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African Finance Corp says Gabon political situation a ‘good coup’
(This Sept. 7 story has been corrected to fix AFC's ownership structure based on updated guidance from the AFC in…
Wall St opens subdued in cautious trading ahead of inflation data
(Reuters) - Wall Street's main indexes were subdued at open on Friday as investors awaited a fresh inflation reading next…
Dollar set for longest weekly winning streak since 2014, yuan plumbs 2007 low
By Samuel Indyk and Rae Wee LONDON (Reuters) - The dollar headed on Friday for its longest weekly winning streak…
U.S. bond yields steady after Fed speakers
U.S. bond yields were range-bound Friday, as the market steadies ahead of the August consumer price index inflation inflation data…
EXPLAINER-What is in Huawei’s new smartphone challenger to Apple?
By Yelin Mo and Brenda Goh BEIJING/SHANGHAI (Reuters) - A new series of smartphones launched by China's Huawei Technologies has…
Will the ECB hike rates or not? Decision set to be cliff hanger as eurozone sentiment indicators deteriorate
Central bankers love to steer the market, but the messages coming from European Central Bank officials on what they will…
South Korea should maintain current monetary, fiscal policies, IMF says
SEOUL (Reuters) - South Korea should maintain current, restrictive monetary and fiscal policies as it needs to take steps to…
Futures inch lower, U.S. services data looms – what’s moving markets
Investing.com -- U.S. stock futures decline as investors gauge the outlook for Federal Reserve monetary policy and digest extended supply cuts…
Canada expects to finalise free trade agreement with ASEAN
JAKARTA (Reuters) - Canada expects to finalise a free trade agreement with ASEAN following the launch of the Canada-ASEAN strategic…
ECB should raise rates next week, then pause, Kazimir says
FRANKFURT (Reuters) - The European Central Bank should raise interest rates next week, perhaps for the last time, Slovak policymaker…
Fed’s Logan says skipping rate hike in September does not imply stopping
Dallas Fed President Lorie Logan on Thursday said that if the Fed skips a rate hike at its meeting in…
Scholz calls on Germany to pull together to remove economic ‘mildew’
By Sarah Marsh and Andreas Rinke BERLIN (Reuters) - German Chancellor Olaf Scholz on Wednesday called on the ruling coalition,…
Turkey hikes year-end inflation forecast to 65%
ANKARA (Reuters) - Turkey's government raised its annual inflation forecast to 65% for this year and 33% next year, while…
Cannabis stocks gain as banking bill finds traction in Senate, but House OK looks challenging
Cannabis stocks advanced Thursday, helped by news that a key Senate committee could soon vote to advance a widely followed bill…
ECB policymakers say Sept rate decision still up in the air
By Francesco Canepa and Leigh Thomas FRANKFURT/PARIS (Reuters) -European Central Bank policymakers warned investors who are overwhelmingly betting against an…
Senate confirms Anna Gomez to FCC, giving Democrats majority
The Senate voted Thursday to confirm Democrat Anna Gomez to serve on the Federal Communications Commission, giving the Democrats a…
In turnaround, Turkey’s Erdogan says tight policy to lower inflation
ANKARA (Reuters) - President Tayyip Erdogan said on Wednesday Turkey will lower its inflation rate to "single digits" with the…
Biden again tests negative for COVID as he prepares to leave for G-20 summit
President Joe Biden on Thursday again tested negative for COVID-19, the White House said. Biden is preparing to depart Washington…