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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BoE’s Broadbent: Rates may have to stay high ‘for some time yet’
JACKSON HOLE, Wyoming (Reuters) -Interest rates in Britain might have to stay high "for some time yet," Bank of England…
Brazil’s inflation slightly worse -central bank chief
BRASILIA (Reuters) - Brazil's central bank governor Roberto Campos Neto said on Saturday that the latest inflation data had worsened…
BOJ’s Ueda: Underlying inflation still a bit below target
JACKSON HOLE, Wyoming (Reuters) -Underlying inflation in Japan remains "a bit below" the Bank of Japan's 2% target, BOJ Governor…
China halves stamp duty on stock trades to boost flagging market
BEIJING (Reuters) - China halved the stamp duty on stock trading effective Monday in the latest attempt to boost the…
Analysis-U.S. growth, a puzzle to policymakers, could pose global risks
By Howard Schneider, Ann Saphir and Balazs Koranyi JACKSON HOLE, Wyoming (Reuters) - U.S. economic growth, still racing at a…
China Evergrande first-half net loss narrows to $4.5 billion
HONG KONG (Reuters) - Property developer China Evergrande (HK:) Group on Sunday reported a January-June net loss of 33 billion…
Japan budget requests likely to top 110 trln yen as rates rise – Nikkei
TOKYO (Reuters) - Japanese ministries' budget demands for the next fiscal year will likely top 110 trillion yen ($753 billion),…
Momentum growing for ECB rate hike pause as growth falters – sources
By Balazs Koranyi JACKSON HOLE, Wyoming (Reuters) - European Central Bank policymakers are increasingly concerned about deteriorating growth prospects and,…
Euro zone inflation to remain “too high for too long” – Bank of Spain deputy chief
MADRID (Reuters) -Inflation in the euro zone is expected to decline further over the remainder of 2023 but would stay…
Analysis-Case builds for China’s banks to cut deposit rates
By Winni Zhou and Tom Westbrook SHANGHAI/SINGAPORE (Reuters) - China's banks will cut deposit rates soon as part of efforts…
ECB must gauge digital euro impact on banks before launch -Spanish official
(Refiles to remove extraneous word 'have' from final paragraph) By Jesús Aguado MADRID (Reuters) -The European Central Bank needs to…
Powell’s Jackson Hole speech ahead, Affirm earnings – what’s moving markets
Investing.com -- Federal Reserve Chair Jerome Powell is set to give a pivotal speech at the Jackson Hole economic symposium…
US Treasury yield curve shifts could be set-up for Jackson Hole unwind
By Davide Barbuscia and Carolina Mandl NEW YORK (Reuters) -Recent shifts in the U.S. Treasury yield curve may indicate that…
Column-Screening for democracy, as new BRICS line up: Mike Dolan
By Mike Dolan LONDON (Reuters) - In an investment world trumpeting new-found ethical and sustainability guidelines, the seeming indifference of…
China regulator met with foreign investors to alleviate concerns – sources
By Selena Li HONG KONG (Reuters) - China's securities regulator met with representatives from top Western asset managers on Friday…
G20 agrees to work on WTO reforms ahead of key meet early next year
NEW DELHI (Reuters) - The Group of 20 nations has agreed to work on reforms to the World Trade Organization…
US equity funds see biggest weekly outflow in two months
(Reuters) - Investors withdrew huge money out of U.S. equity funds in the seven days to Aug. 13 on worries…
Gloomy Ifo fuels fears of second German recession in a year
By Maria Martinez BERLIN (Reuters) -The mood among German businesses deteriorated more than expected in August, data showed, falling for…