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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While Spain joyously fêtes its female World Cup champions, anger builds over an unwanted kiss
Madrid and all of Spain overflowed with joy on Monday as residents greeted their returning Women’s World Cup champions, flooding…
S. Korean policymakers vow to control rising household debt
SEOUL (Reuters) - South Korea's policymakers vowed to take measures to control consumer debt as the country's household credit grew…
Here’s the common fallacy on what China and the BRICS are trying to achieve
Leaders of the so-called BRICS grouping this week are meeting in South Africa in an attempt to create an alternative…
Taiwan not planning new risk control for China property exposure – sources
TAIPEI (Reuters) - Taiwan's top financial regulator has no plan to impose strengthened risk control rules for Taiwan banks and…
Opinion: Republican debate: Why abortion politics could trump tax policy — and help Democrats
Heading into the first Republican presidential primary debate, the party is split into four troupes: 1. the anti- but nonetheless…
Arm files for IPO, Microsoft alters Activision deal – what’s moving markets
Investing.com -- Chip designer Arm announces plans for a much-anticipated initial public offering, although the Softbank-owned group stops short of specifying…
US commerce secretary to visit China next week for talks
By David Shepardson WASHINGTON (Reuters) - U.S. Commerce Secretary Gina Raimondo will travel to China next week for meetings with senior…
Opinion: Finding the silver lining in President Biden’s trade and industrial policies
President Biden’s industrial and trade policies are terribly controversial. Economists, pundits and the media—on the left and right—complain these will promote inefficiency and won’t…
Turkish central bank to hike policy to 20%; some expect smaller step – Reuters poll
ISTANBUL (Reuters) - Turkey's central bank is expected to raise its policy rate to 20% this week, a Reuters poll…
Montana AG asks court to reject TikTok challenge to state ban
By David Shepardson (Reuters) - Montana's attorney general asked a U.S. judge to uphold a first-of-its kind state ban on…
Bank of Korea seen on hold for rest of year, to cut rates early in 2024 : Reuters poll
By Anant Chandak BENGALURU (Reuters) - The Bank of Korea will leave its key policy rate unchanged at 3.50% for…
BOJ’s Ueda meets premier, says didn’t discuss recent yen volatility
By Tetsushi Kajimoto and Leika Kihara TOKYO (Reuters) -Bank of Japan Governor Kazuo Ueda said that he and prime minister…
S.African Reserve Bank to kick off easing cycle early next year – economists: Reuters poll
By Vuyani Ndaba JOHANNESBURG (Reuters) - The South African Reserve Bank is likely to leave its repo rate unchanged this…
As Cuba takes leap towards ‘cashless’ economy, entrepreneurs brace for impact
By Nelson Acosta and Anett Rios HAVANA (Reuters) - When Cuba in early August announced it was taking a major…
NY Fed finds record wage expectations in July consumer survey
By Michael S. Derby NEW YORK (Reuters) - American workers’ expectations for pay surged in July, even as those same…
Fintech firm Titan to pay over $1 million to settle US SEC charges
By Chris Prentice NEW YORK (Reuters) -Fintech investment adviser Titan Global Capital Management USA LLC agreed to pay over $1…
TSX hits a 2-month low as dividend-paying stocks fall
By Fergal Smith (Reuters) -Canada's main stock index fell on Monday to a near two-month low as a drop in…
AI unlikely to destroy most jobs, but clerical workers at risk, ILO says
GENEVA (Reuters) - Generative AI probably will not take over most people's jobs entirely but will instead automate a portion…