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 sets yuan fix at biggest gap to estimate on record

China has made the biggest defense of its beleaguered currency via fixing on record. The yuan is allowed to trade

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The Golden Girls approach: Buying homes together amid high prices

By Chris Taylor NEW YORK (Reuters) - Maybe Dorothy, Blanche, Rose and Sophia had it right all along. We remember

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Factbox-Big brokerages cut China growth forecast on growing worries over property sector

(Reuters) - Five major brokerages cut China's economic growth forecast for the year as worries about contagion from debt repayment

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This cartoon on the U.S. economy from a Chinese state propaganda organ has everyone confused

Sometimes the unvarnished truth comes from one’s harshest critics, but a cartoon on the U.S. from the Chinese government has

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Argentina government: IMF had wanted “100%” peso devaluation

By Lucila Sigal BUENOS AIRES (Reuters) - Argentina's government said on Thursday that major creditor the International Monetary Fund (IMF)

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Ice cream prices double in a month as Argentina battles inflation

By Anna-Catherine Brigida BUENOS AIRES (Reuters) - When Ernesto Acuna, a convenience store owner in Buenos Aires, received the new

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Dalio says China is overdue in reducing its debt

(Reuters) - Legendary investor Ray Dalio, a big enthusiast and investor in China, said on Thursday the world's second largest

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NY Fed survey: Markets bet ahead of July FOMC expected rate rise would be last

By Michael S. Derby NEW YORK (Reuters) - Ahead of the July Federal Reserve meeting, banks and money managers projected

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Bank borrowing from Fed falls in latest week: Fed

Investing.com -- Bank borrowing from the Federal Reserve's emergency lending programs fell in the week ended Aug. 16, data from the

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Fed Chair Powell to give economic outlook at Jackson Hole Aug 25

(Reuters) - Federal Reserve Chair Jerome Powell will deliver a talk on the economic outlook on Aug. 25 at the

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Japan Overall Consumer Prices Rose 3.3% in July

TOKYO--Japan's consumer prices rose over 3% in July, remaining well above the Bank of Japan's 2% target. Overall consumer prices

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Marketmind: Adjusting to a new, higher yield world

By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.

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US SEC poised to adopt rules for $20 tln private fund industry

By Douglas Gillison (Reuters) - Wall Street's top regulator is set next week to adopt new transparency rules for the

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Analysis-A year on, Europe less fearful of U.S. green subsidies push

By Jan Strupczewski BRUSSELS (Reuters) - When the United States launched its massive green subsidies push a year ago, many

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Trump says he wouldn’t reappoint Fed’s Powell

Former President Donald Trump said he would not reappoint Jerome Powell as chairman of the Federal Reserve, should he again

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Yellen’s Las Vegas stop shows Bidenomics can be a tough sell

By Andrea Shalal LAS VEGAS (Reuters) -Daemein Hargrove, 21, recently dropped plans for a four-year college degree to sign up

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Brazil’s central bank ‘very committed’ to current rate cut pace -director

BRASILIA (Reuters) - Brazil's central bank director of international affairs Fernanda Guardado said on Tuesday policymakers are firmly dedicated to

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South Korea to grant 23 trln won in financing support for exporters

SEOUL (Reuters) - South Korea will expand financing support for exporting companies by around 50% more this year, the financial

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