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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Trump surrenders, is booked in Georgia election-interference case
Former President Donald Trump turned himself in at Georgia’s Fulton County jail on Thursday evening, with this latest move in…
France’s Le Maire vows to keep lowering taxes
PARIS (Reuters) -France will accelerate the reduction of its debt while sticking to its policy of lowering taxes for households…
Bank Indonesia holds rates steady, plans new way to attract inflows
By Fransiska Nangoy and Bernadette Christina JAKARTA (Reuters) -Indonesia's central bank left interest rates unchanged on Thursday, as expected, saying…
U.S. central bank has earned the right to take its time with interest-rate decisions, Boston Fed’s Collins tells MarketWatch in Jackson Hole interview
There is a risk that the Federal Reserve has not done enough to quell inflation and also a risk of…
China’s ban on Japanese seafood has more political than economic heft
By Katya Golubkova and Dominique Patton TOKYO/BEIJING (Reuters) - China may be Japan's top seafood export market but marine products…
Nvidia’s stellar results, Jackson Hole in focus – what’s moving markets
Investing.com -- Nvidia delivers quarterly earnings that smash expectations as the chipmaker and AI darling proclaims that computing has entered…
Harker says Fed has ‘probably done enough’ to curb inflation
The president of the Federal Reserve Bank of Philadelphia said he thinks the U.S. central bank has raised interest rates…
China quietly recruits overseas chip talent as US tightens curbs
By Julie Zhu, Fanny Potkin, Eduardo Baptista and Michael Martina HONG KONG/SINGAPORE/WASHINGTON (Reuters) - For a decade until 2018, China…
Opinion: Republican debate: Who won, who lost and what it means for markets
Markets’ and investors’ top takeaway from Wednesday night’s first Republican candidates’ debate is likely to be the broad near-unanimity from…
Poland’s 2024 budget to see big spending on defence, social benefits
WARSAW (Reuters) - Poland plans to raise spending on defence, health, social benefits and public sector pay in 2024, the…
Prigozhin plane maker Embraer SA says it wasn’t providing service, support to jet due to sanctions: report
The maker of the plane that is reported to have crashed outside of Moscow with Wagner Group founder Yevgeny Prigozhin…
Republican presidential debate: You wanted to hear about inflation. Here’s what you heard about instead.
What issues dominated at Wednesday night’s Republican presidential debate? The word cloud shown above, which is based on a transcript…
BRICS bank can help African countries tackle urgent challenges
(Reuters) -The New Development Bank created by BRICS countries in 2015 can help finance African countries' projects to tackle their…
Ramaswamy calls climate change a ‘hoax.’ Then the topic all but disappears from the Republican debate.
“‘Let us be honest as Republicans — I’m the only person on the stage who isn’t bought and paid for,…
Turkey shocks with big rate hike to 25%, boosting lira
By Ali Kucukgocmen and Jonathan Spicer ISTANBUL (Reuters) - Turkey's central bank hiked its key interest rate by a larger-than-expected…
US jobless claims fall as labor market remains tight
By Safiyah Riddle (Reuters) - The number of Americans filing new claims for unemployment benefits fell last week, as labor…
BRICS expansion poses a threat to dollar hegemony — but only in the long term, says ING
Saudi Arabia joining the BRICS bloc poses a challenge to the dollar’s domination of global trade, according to ING. Though…
Mexico’s inflation slows for 7th fortnight in a row, rates still seen on hold
By Gabriel Araujo (Reuters) -Mexico's headline inflation slowed in early August for the seventh consecutive two-week period, official data showed…