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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U.S. wholesale prices surprise to the upside in July, PPI shows
The numbers: The U.S. producer price index rose 0.3% in July, the Labor Department said Friday, up from a revised…
Breakfast for 40 cents: what China’s deflation looks like
By Sophie Yu and Yew Lun Tian BEIJING (Reuters) -At Nanchengxiang restaurants in Beijing, customers treat themselves to a breakfast…
Turkey’s inflation will fall permanently after transition period – Simsek
ISTANBUL (Reuters) - Turkey aims to lower soaring inflation permanently after a transitional period where prices remain high, Finance Minister…
Bond yields slip as PPI data awaits
Bond yields moved lower Friday as traders awaited the latest producer price data.What’s happening The yield on the 2-year Treasury…
U.S. inflation looms, Disney’s TV plans – what’s moving markets
Investing.com -- Investors are gearing up for the release of key U.S. inflation data that could factor into future policy…
Analysis-Biden’s China tech curbs to keep investors sidelined, fearing more steps
By Kane Wu and Michael Martina HONG KONG/WASHINGTON (Reuters) -President Joe Biden's move to prohibit some U.S. technology investments in…
U.S. stock futures pause as traders wait to see if PPI data moves markets in a way CPI did not
U.S. stock futures on Friday were stuck ahead of data on producer prices, after consumer price statistics did little to…
Analysis-Turkish inflation to keep soaring, testing patience with Erdogan’s U-turn
By Nevzat Devranoglu and Orhan Coskun ANKARA (Reuters) - Turks will get little reprieve from a soaring cost of living…
EU to analyse US tech curbs in China, says issue also key to Europe
By Foo Yun Chee BRUSSELS (Reuters) -The European Commission will analyse the U.S. ban on new U.S. investment in China…
Column-How a higher retirement age would hurt low-income US workers
By Mark Miller (Reuters) - Should you keep working as you get older, or retire and claim Social Security when…
‘BRICS bank’ looks to local currencies as Russia sanctions bite
By Rachel Savage and Brenda Goh JOHANNESBURG/SHANGHAI (Reuters) - Hobbled by the impact of sanctions against founding shareholder Russia, the…
China snaps 2023 debt outflow streak as emerging markets shine in July -IIF
By Jorgelina do Rosario LONDON (Reuters) - Foreign investors funneled over $3 billion into Chinese debt in July in the…
Fed has ‘more work to do’ to get inflation back down, Daly says
San Francisco Federal Reserve President Mary Daly said Thursday it was premature to declare victory on inflation despite the soft…
Improving Brazil’s public revenue would set stage for more rate cuts -cenbank governor
BRASILIA (Reuters) - Brazil's central bank Governor Roberto Campos Neto said on Thursday that improving public revenue would anchor inflation…
Yellow bankruptcy: Treasury’s $700 million pandemic loan is ‘undercollateralized,’ congressman warns
In the wake of Yellow Corp.’s bankruptcy announcement, Rep. French Hill of Arkansas has again voiced his concerns about a…
US economy in ‘uncharted waters’ as inflation falls with low unemployment -study
By Howard Schneider WASHINGTON (Reuters) -U.S. Federal Reserve officials are in "uncharted waters" with no clear historical guide as they…
July inflation breakdown: Where are prices rising and falling the fastest?
Inflation rose in July for the first time in more than a year as a spike in the cost of…
Daly: Premature to say if Fed has done enough on rates
(Reuters) - San Francisco Federal Reserve Bank President Mary Daly on Thursday said that while recent inflation data is moving…