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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Americans’ inflation expectations drop to lowest level in two years
Americans are feeling more optimistic about the odds that high inflation will continue to cool over the next few years,…
U.S. consumers are feeling a lot more optimistic about the economy, Fed says. Here’s why.
American consumers are feeling less gloomy about the U.S. economy. People’s expectations of rising inflation fell in the near-, medium-…
Italy PM Meloni takes ‘full responsibility’ for bank tax
MILAN (Reuters) -Italian Prime Minister Giorgia Meloni on Monday took "full responsibility" for last week's shock decision to impose a…
Yellen to tout ‘explosion in U.S. factory construction’ as she marks Inflation Reduction Act’s anniversary
U.S. Treasury Secretary Janet Yellen on Monday is set to talk up gains for domestic manufacturing, as she and other…
Yellen warns of risks of over-concentration of clean energy supply chains
By Andrea Shalal LAS VEGAS (Reuters) - The United States is working to build resilient, diversified clean energy supply chains…
China’s property sector woes, Goldman Sachs’ Fed outlook – what’s moving markets
Investing.com -- Fears over China's debt-laden property sector mount after key player Country Garden halts trading on some of its…
A smooth ‘last mile’ to 2% inflation may not be a stretch for Fed
By Howard Schneider WASHINGTON (Reuters) - Pessimists watching the Federal Reserve battle inflation have focused on the so-called "last-mile" problem,…
Bank of China starts nationwide move to reduce salary gap among employees, manager levels -sources
BEIJING (Reuters) - Bank of China Ltd, China's fourth-largest lender by assets, has launched a countrywide exercise to reduce the…
Argentina markets face hangover after far-right vote win
By Eliana Raszewski and Jorgelina do Rosario BUENOS AIRES/LONDON (Reuters) -Argentina's markets face an election hangover on Monday after a…
Marketmind: China property troubles plague Asia stocks
A look at the day ahead in European and global markets from Wayne Cole. It's been a nervy start to…
Analysis-Big losses in Russia-linked stocks have investors rethinking other depositary receipts
By Sinead Cruise and Carolina Mandl LONDON/NEW YORK (Reuters) - Global investors are losing confidence in securities linked to shares…
Analysis-US loss of AAA badge a reminder of ‘regime shift’ for government debt
By Yoruk Bahceli (Reuters) - Financial markets barely flinched when Fitch stripped the United States of its top credit rating,…
Yen breaks above 145/$ level in choppy trading, dollar firm
By Ankur Banerjee SINGAPORE (Reuters) - The yen was volatile on Monday after slipping to its lowest for the year…
Country Garden shares slump to record low after onshore bond trading halted
HONG KONG (Reuters) -Shares of China's Country Garden plunged more than 12% on Monday morning after the real estate company…
Weak yen gives Japan’s automakers temporary relief from China pain
By Daniel Leussink TOKYO (Reuters) - Japanese automakers are getting much-needed cover from an old standby, as the weaker yen…
Marketmind: Will China pull the stimulus trigger?
By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.…
Inflation forcing Americans to spend $709 more per month than 2 years ago: economist
Americans are spending $709 more per month on everyday goods and services than they did two years ago, according to…
China State Council issues guidelines in bid to increase foreign investment
By Andrew Hayley and Ethan Wang BEIJING (Reuters) -China's State Council issued guidelines on Sunday that it said would further…