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’s suspension of youth jobless data draws public ire
By Laurie Chen BEIJING (Reuters) - China's statistics bureau said on Tuesday it had suspended publication of youth jobless data,…
Dollar firm, yuan hits 9-month low after surprise China rate cut
By Brigid Riley and Kevin Buckland TOKYO (Reuters) - The safe-haven dollar stayed firm against major peers while the yuan…
China stats bureau sees no deflation risks, plays down property woes
BEIJING (Reuters) - There is no deflation in China and there will be no deflation in the future, a spokesman…
Donald Trump indicted in Georgia election-interference case
Former President Donald Trump was criminally indicted by a grand jury in Georgia’s Fulton County on Monday night in connection…
China cuts key rates as weak batch of July data darken economic outlook
By Kevin Yao and Ellen Zhang BEIJING (Reuters) -A broad array of Chinese data on Tuesday showed the economy slowed…
Global investment in AI could near $200 billion by 2025: Goldman Sachs
A new economic analysis shows that global businesses’ investment in artificial intelligence (AI) technologies could approach a total of $200…
Lula says wants US investments in Brazil to drive energy transition
SAO PAULO (Reuters) - Brazilian President Luiz Inacio Lula da Silva said on Monday he hopes for the United States…
Argentina raises interest rate, devalues peso after shock primary election -official source
BUENOS AIRES (Reuters) - Argentina's central bank will raise the benchmark interest rate to 118% from 97% previously, an official…
China’s Country Garden woes raise fears of REIT defaults – J.P.Morgan
(Reuters) -Turmoil at China's largest private developer Country Garden could set off a "vicious cycle" of financing stress on the…
2-year Treasury yield finishes at one-month high amid fresh inflation concerns
Treasury yields finished higher on Monday, sending the policy-sensitive 2-year rate to a one-month high, as traders reassessed the prospects…
Russian central bank to hold emergency rate meeting as rouble tumbles
MOSCOW (Reuters) - Russia's central bank will hold an extraordinary meeting on Tuesday to discuss the level of its key…
Biden urges UAW and Detroit automakers to reach ‘fair agreement’
President Joe Biden on Monday urged the United Auto Workers and Detroit’s Big Three automakers to forge a deal, a…
Russian stocks retreat from pre-invasion high as rouble rebounds
By Alexander Marrow (Reuters) - Russia's benchmark stock index retreated on Monday from its highest since before Moscow sent troops…
IMF welcomes Argentina’s recent policy actions, commitment to safeguarding stability
MEXICO CITY (Reuters) - The International Monetary Fund on Monday said it welcomed Argentine authorities' recent policy actions and commitment…
S&P 500, Nasdaq tick higher after suffering back-to-back weekly losses
U.S. stocks edged mostly higher in choppy trading during Monday’s final hour of trading, shaking off worries about China’s property…
US Federal Deposit Insurance Corp to propose ‘comprehensive’ changes to regional bank living wills
(Reuters) -A coming regulatory proposal will overhaul how large, regional banks prepare living wills for the event of their own…
FDIC Chair Gruenberg pledges aggressive oversight, new rules for regional banks
Federal Deposit Insurance Corp. Chairman Martin Gruenberg called for new rules and tougher oversight of large regional banks following the…
China central bank seen leaving policy loan rate unchanged on Tuesday
SHANGHAI/SINGAPORE (Reuters) - China's central bank is expected to keep rates on its medium-term policy loans unchanged on Tuesday, a…