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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IMF backs new Pakistan programme, boosting bond rally
By Ariba Shahid and Libby George KARACHI/LONDON (Reuters) -The International Monetary Fund (IMF) will support a new economic programme for…
FDA clears Pulse Biosciences’ soft tissue ablation system
HAYWARD, Calif. - Pulse Biosciences, Inc. (NASDAQ:), a bioelectric medicine company, has announced that it received U.S. Food and Drug…
Novo Nordisk’s Wegovy gains FDA approval for cardiovascular benefits
Novo Nordisk (NYSE:) disclosed today that the US Food and Drug Administration (FDA) has sanctioned an expanded use for its…
Starwood Capital and Jaws plan public listing via merger
MIAMI BEACH, Fla. - Investment affiliates of Starwood Capital Group, which hold interests in a range of hotel properties, and…
Yellen says Biden’s proposed housing tax credits could boost supply
By David Lawder and Susan Heavey WASHINGTON (Reuters) -President Joe Biden's proposed tax credits for certain home buyers and sellers…
Greek students clash with police ahead of education bill vote
ATHENS (Reuters) -Greek students threw petrol bombs at police who responded with tear gas in central Athens on Friday, hours…
TSX notches longest weekly winning streak in nearly one year
By Fergal Smith (Reuters) -Canada's main stock index edged lower on Friday but still notched its fourth straight weekly gain…
World Bank approves $350 million loan for Costa Rica
SAN JOSE (Reuters) - The World Bank approved a $350 million loan for Costa Rica to fund infrastructure and climate…
U.S. job market data bolsters Fed’s ‘no rush’ rate cut view
By Ann Saphir and Howard Schneider (Reuters) -Federal Reserve policymakers weighing when to start interest-rate cuts got fresh reasons on…
US Senate passes spending bill, averts imminent shutdown
By Richard Cowan and David Morgan WASHINGTON (Reuters) -The U.S. Senate narrowly averted a partial government shutdown on Friday, as…
Sam Altman will return to OpenAI’s board with three new directors
By Anna Tong and Shivansh Tiwary (Reuters) -OpenAI Chief Executive Sam Altman will return to the ChatGPT-maker's board along with…
China warns overall pressure on employment yet to ease
By Ellen Zhang, Liangping Gao and Ryan Woo BEIJING (Reuters) - China still faces structural employment issues and overall pressure…
Biden signs spending bill to avert partial government shutdown, White House says
(Reuters) - U.S. President Joe Biden on Saturday signed a spending bill that averted a partial government shutdown, the White…
IMF projects China GDP to slow to 4.6% in 2024, decline further in medium term
(Reuters) - The International Monetary Fund on Friday projected that China's economic growth would slow to 4.6% in 2024 and…
Toyota to outshine rivals as more consumers opt for hybrids amid EV slowdown
By Daniel Leussink and Abhirup Roy TOKYO/SAN FRANCISCO (Reuters) -When Tony Le set out with his wife to buy a…
U.S. industrial output remains soft in January
The numbers: Industrial production fell 0.1% in January, the Federal Reserve reported Thursday. The gain was slightly above expectations of…
Payrolls, mega-cap tech earnings, Nvidia – what’s moving markets
Investing.com -- Investors will keep a wary eye on the January jobs report later in the session for clues over…
Housing starts post sharpest drop since April 2020
The numbers: Construction of new U.S. homes fell 14.8% in January as home builders scaled back new projects. The pace…