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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China loan prime rate cut disappoints, mortgage rates unchanged
Investing.com -- The People’s Bank of China cut its one-year loan prime rate by a smaller-than-expected margin on Monday, while…
China surprises with modest rate cut amid growing yuan risks
SHANGHAI/SINGAPORE (Reuters) -China cut its one-year benchmark lending rate on Monday as authorities seek to ramp up efforts to stimulate…
Aussie grocers to reap upbeat profits on sticky inflation; consumer behaviour key
By Himanshi Akhand and John Biju (Reuters) - Australian supermarkets are set to report stronger full-year earnings as decades-high inflation…
Marketmind: China takes the slow road on stimulus
(Reuters) - A look at the day ahead in European and global markets from Wayne Cole. Another day, another disappointment…
Summer of angst as bond yields surge and global stocks wobble
(Reuters) - Cracks are forming in a global stocks rally, with surging bond yields, rising energy prices and intensified worries…
Thai Q2 GDP growth slows sharply amid weak global demand, govt cuts outlook
By Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) -Thailand's economy grew at a much slower-than-expected pace in the second quarter,…
China set to cut lending benchmarks Monday as economy worsens
SHANGHAI/SINGAPORE (Reuters) -China is expected to cut lending benchmarks at a monthly fixing on Monday, with many analysts predicting a…
US Department of Commerce slaps tariffs on solar companies for dodging China duties
The United States is slapping tariffs on several solar companies that tried to circumvent existing import duties on goods from…
Asia stutters as China doles out meagre rate cut
By Wayne Cole SYDNEY (Reuters) - Asian markets stumbled on Monday after China delivered a smaller cut to lending rates…
Dollar gains intact as traders eye Jackson Hole
By Tom Westbrook SINGAPORE (Reuters) - The dollar began on a firm footing on Monday, following five straight weeks of…
Marketmind: China to cut rates, but will it ‘go big’?
By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.…
Westpac Q3 posts rise in late mortgage payments
(Reuters) - Australia's no. 3 lender Westpac Banking (NYSE:) Corp reported an uptick in its debt arrears in third-quarter due…
Biden to reassure Lahaina residents they will control rebuilding
By Jonathan Allen and Brendan O'Brien KIHEI, Hawaii (Reuters) - U.S. Federal Emergency Management Agency Director Deanne Criswell said on…
Germany wants tighter foreign investment controls amid China ‘de-risking’
BERLIN (Reuters) - German Economy Minister Robert Habeck wants to tighten the process for reviewing foreign investments with a new…
China vows to coordinate support to resolve local government debt risks
BEIJING (Reuters) - China will coordinate financial support to resolve local government debt problems, the central bank said in a…
Column-The ultimate 2023 consensus-buster – US grows faster than China?: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) - Of all the economic and market curve balls investors have had to bat…
Argentina sets grocery price controls for 90 days to tame inflation
BUENOS AIRES (Reuters) - Argentina's government announced on Friday a price agreement for supermarkets to limit monthly increases to a…
Hurricane Hilary threatens Mexico, California with ‘catastrophic floods’
MEXICO CITY (Reuters) - Category 4 Hurricane Hilary hurtled towards Mexico's Baja California peninsula on Friday, a U.S. government agency…