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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SEC set to approve proposal to shift audit funding costs to brokers, investors
The Securities and Exchange Commission was on track Wednesday to approve a new proposal for funding the Consolidated Audit Trail,…
NY Fed data shows a decline in neutral rate during second quarter
By Michael S. Derby (Reuters) - The New York Federal Reserve said on Tuesday an interest rate reckoned to be…
Post-Labor Day corporate debt spree revives U.S. Treasury selloff
By Matt Tracy and Davide Barbuscia (Reuters) - A post Labor-day rush of bond issuance by U.S. investment-grade-rated companies added…
U.S. mortgage demand drops to the lowest level in 27 years, despite drop in rates
The numbers: Mortgage rates fell over the latest week, but demand for mortgages fell to multidecade lows as U.S. home…
Mexico’s core inflation to fall to lowest level since late 2021 in August: Reuters poll
MEXICO CITY (Reuters) - Mexican inflation likely slowed in August for the seventh straight month, with the closely watched core…
Opinion: U.S. government’s crusade against Big Tech threatens investors and the economy
American technology companies create products and services that bring enormous value to consumers around the globe, but if the U.S.…
Marketmind: Oil, yield spike takes wind out of market sails
By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.…
Buyers sought for Signature Bank’s $33 billion CRE portfolio
By Pete Schroeder WASHINGTON (Reuters) -The U.S. Federal Deposit Insurance Corporation (FDIC) is seeking buyers for the $33 billion commercial…
Copper giant Codelco raises $2 billion in bond offering
By Fabian Cambero SANTIAGO (Reuters) -Chile's Codelco raised $2 billion in a bond offering in New York on Tuesday, as…
Ukraine aid optimism marks return of US Senate to Washington
By Patricia Zengerle WASHINGTON (Reuters) - The Democratic and Republican leaders of the U.S. Senate expressed support for continued assistance…
Fed vice chair nominee Jefferson heads to Senate confirmation
By Richard Cowan and Ann Saphir WASHINGTON (Reuters) - The U.S. Senate on Tuesday voted overwhelmingly to clear the way…
Panama Canal water levels at historic lows, restrictions to remain
By Elida Moreno PANAMA CITY (Reuters) - The Panama Canal's water levels have not recovered enough as the end of…
Dollar steady as growth worries weigh, fragile yen draws warning
By Ankur Banerjee SINGAPORE (Reuters) - The dollar held near a six-month peak on Wednesday as jitters over China and…
BOJ policymaker sees signs of change in Japan’s deflationary mindset
By Leika Kihara TOKYO (Reuters) -Japan is seeing early signs of change in the public's long-held perception that wages and…
Australian economy grows modestly in Q2, eases recession fears
By Stella Qiu SYDNEY (Reuters) -Australia's economy expanded by more than expected in the second quarter, driven by exports and…
Asia stocks fall as global growth concerns mount
By Kane Wu HONG KONG (Reuters) - Asia stocks fell on Wednesday after weak economic data in China and Europe…
Malaysia central bank to hold rates at 3.0% through end-2024: Reuters poll
By Anant Chandak BENGALURU (Reuters) - Bank Negara Malaysia (BNM) will hold its key policy rate at 3.00% on Thursday,…
North Korea would ‘pay a price’ for providing Russia with weapons, Biden official says
North Korea would “pay a price” if it provides weapons to Russia for use in Moscow’s war in Ukraine, a…