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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Indiana attorney general reprimanded over abortion doctor remarks
By David Thomas (Reuters) -A divided Indiana Supreme Court on Thursday publicly reprimanded Republican Attorney General Todd Rokita for statements…
Block’s forecast raise caps strong Q3 for US payments firms, shares surge 16%
By Manya Saini and Niket Nishant (Reuters) -Block shares surged 16% in extended trade on Thursday after the payments firm…
Elon Musk on AI: ‘There will come a point where no job is needed.’
“There will come a point where no job is needed – you can have a job if you want to…
BOJ plans to exit from easy policy next year but needs some good fortune
By Leika Kihara TOKYO (Reuters) -Bank of Japan Governor Kazuo Ueda will continue to dismantle the central bank's ultra-easy monetary…
Events leading up to FTX founder Sam Bankman-Fried’s conviction
By Luc Cohen (Reuters) - Sam Bankman-Fried's fraud conviction on Thursday marks the culmination of a yearlong legal saga stemming…
Who is Sam Bankman-Fried, the onetime crypto mogul convicted of fraud?
By Luc Cohen NEW YORK (Reuters) - A few years after graduating from college, Sam Bankman-Fried grew worried he was…
China’s Premier Li to make key speech at Shanghai economic forum
HONG KONG (Reuters) - China's Premier Li Qiang will attend the opening ceremony and make a keynote speech at the…
Dollar eases as traders bet Fed done with rate hikes
By Ankur Banerjee SINGAPORE (Reuters) - The dollar stayed on the back foot on Friday and was on course for…
RBA to deliver 25 bp interest rate hike on Nov. 7 – Reuters poll
By Devayani Sathyan BENGALURU (Reuters) - Australia's central bank will raise its key policy rate by 25 basis points to…
Stocks set for strongest week of 2023 on interest rate cheer
By Tom Westbrook SINGAPORE (Reuters) - Stocks were headed for their biggest weekly rise in a year on Friday, while…
Australia rate risk grows as house prices jump and IMF chimes in
SYDNEY (Reuters) - Chances of an imminent hike in Australian interest rates grew on Wednesday after data showed house prices…
China’s new economic tsar faces challenges emulating his predecessor
By Kevin Yao and Laurie Chen BEIJING (Reuters) - China's new "economic tsar" He Lifeng is emerging as one of…
G10 central banks hit rate plateau in October, emerging markets diverge
By Karin Strohecker and Sumanta Sen LONDON (Reuters) - Central banks across major developed economies in September delivered no rate…
Biden impeachment decision coming ‘very soon’: House Speaker Johnson
House Speaker Mike Johnson on Thursday predicted Republicans would “very soon” come to a “point of decision” on whether to…
BOJ intervenes as JGB yields make decade highs after YCC tweak
By Brigid Riley and Kevin Buckland TOKYO (Reuters) - A day after loosening its grip on long-term interest rates, the…
Ray Dalio likens U.S. restrictions on China tech exports to embargo before Pearl Harbor
Hedge fund billionaire Ray Dalio says the West’s push to block China from accessing microchips is “very, very similar” to…
Turkey may exclude banks from inflation-adjusted accounting -minister
ANKARA (Reuters) - Turkey will move to inflation-adjusted accounting, but financial institutions may be excluded from the practice, Finance Minister…
Jobs report forecast: 170,000 new jobs in October and 3.8% unemployment
The economy was supposed to get a lot weaker, and hiring was supposed to slow to a crawl. Neither has…