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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UK economy shows stagnation amid high inflation, NatWest controversy unfolds
In the United Kingdom, recent GDP figures have sparked discussions among economic experts, indicating a stagnant but non-recessionary economy amidst…
Stock-market rally faces make-or-break moment. How to play U.S. October inflation data.
It has been a while since a hot inflation report sparked wild gyrations in U.S. stocks, like it frequently did…
Summit of G7 leaders to take place on June 13-15 – Italy PM
ROME (Reuters) - The next summit of G7 leaders will take place on June 13-15, Italian Prime Minister Giorgia Meloni…
India’s direct tax collections jump 17.59% to Rs. 12.37 lakh crore
In a fiscal update that highlights India's robust tax revenue performance, the Ministry of Finance announced a significant year-over-year increase…
US consumer sentiment drops again in November, inflation expectations rise
By Dan Burns (Reuters) -U.S. consumer sentiment fell for a fourth straight month in November and households' expectations for inflation…
Argentina retail prices seen slipping under double digits in October
By Hernan Nessi BUENOS AIRES (Reuters) - Argentina's consumer prices likely rose by less than double digits in October, a…
Peru central bank signals possible third straight quarter of GDP contraction
LIMA (Reuters) -Peru's economy may have shrunk for a third straight quarter from July to September, the central bank's chief…
Fed’s Daly: Still too soon to say rate hike cycle is over -CNBC
By Michael S. Derby NEW YORK (Reuters) - Federal Reserve Bank of San Francisco President Mary Daly said on Friday…
Fed’s Daly expresses caution on premature victory over inflation
San Francisco Federal Reserve President Mary Daly recently voiced concerns about the effectiveness of the central bank's interest rate hikes…
Investors wary of lingering Treasury volatility as US stocks rally
By Saqib Iqbal Ahmed NEW YORK (Reuters) - A still-jittery bond market is clouding the outlook for a rally in…
Supreme Court rules against NSE in Kotak Mahindra Bank dispute
The Supreme Court of India has upheld a Securities Appellate Tribunal (SAT) decision, dismissing an appeal by the National Stock…
University of Michigan reports drop in consumer sentiment to six-month low
The University of Michigan's latest consumer sentiment index revealed a continued decline for the fourth month, marking the lowest level…
Bank of Canada governor warns federal spending hampers inflation fight
In a stark assessment of Canada's economic landscape, Bank of Canada Governor Tiff Macklem has raised concerns that the federal…
Bargain or trap? US bank stock outlook hinges on Fed’s path
By David Randall NEW YORK (Reuters) - Bargain hunters are swirling around beaten-down shares of U.S. banks, even as skeptical…
US House Republicans plan shutdown-averting measure amid credit warning
By David Morgan WASHINGTON (Reuters) -U.S. House of Representatives Republicans aim to release a stopgap measure to avert a partial…
Wall Street soars, fueled by tech as Treasury yields calm
By Lewis Krauskopf, Amruta Khandekar and Shristi Achar A (Reuters) - Wall Street's main indexes ended with big gains on…
Moody’s changes US ratings outlook to negative, affirms AAA
(Reuters) -Moody's on Friday changed the outlook on the government of United States of America's ratings to "negative" from "stable".…
Moody’s analyst sees polarization around US budget issues persisting next year
NEW YORK (Reuters) - A top analyst at Moody's (NYSE:) said political polarization in the United States will likely complicate…