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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World shares edge up; yen slides after BOJ policy tweak
By Tom Wilson LONDON (Reuters) - European shares rose on Tuesday, while the Japanese yen slid to near a one-year…
Could Trump be headed to jail for violating a gag order? A former White House lawyer says yes.
“‘Ultimately, I think he will spend a night or a weekend in jail.’” — Ty Cobb That’s Ty Cobb, a…
China factory activity unexpectedly shrinks in Oct, dents recovery momentum
By Joe Cash BEIJING (Reuters) - China's manufacturing activity unexpectedly contracted in October, underlining the daunting task facing policymakers as…
Worker compensation posts big gain for ninth quarter in a row as unions flex muscles
The numbers: A measure of what it costs businesses to employ workers rose a sharp 1.1% in the third quarter,…
Australia’s Treasury Wine tests tricky US market with $900 million purchase
By Byron Kaye, Roushni Nair and Peter Hobson (Reuters) -Top Australian wine producer Treasury Wine Estates (OTC:) has agreed to…
RBA’s Brad Jones warns of AI, climate change, and cyber threats to financial stability
Reserve Bank of Australia's (RBA) assistant governor, Brad Jones, recently warned industry leaders about the potential threats posed by artificial…
Opinion: The Fed’s quest for a soft landing is like hunting for unicorns
The Federal Reserve is hunting for a unicorn by holding U.S. interest rates steady and hoping that’s enough to bring inflation down to…
South Korea economic growth to exceed potential rate in 2024, Yoon says
SEOUL (Reuters) - South Korean President Yoon Suk Yeol said on Tuesday the economy in 2024 would exceed the potential…
BOJ keeps negative rates, tweaks YCC language amid higher inflation
Investing.com-- The Bank of Japan held interest rates at ultra-low levels on Tuesday and slightly altered the rhetoric around its…
Japan’s Sept factory output rises less than expected
TOKYO (Reuters) -Japan's factory output rose much less than expected in September, government data showed on Tuesday, as demand slowed…
BOJ modifies yield curve control, re-defines long-term rate cap
TOKYO (Reuters) - The Bank of Japan modified its bond yield control again on Tuesday by re-defining 1.0% as an…
Yen slides as BOJ largely stands pat but tweaks yield cap
By Rae Wee SINGAPORE (Reuters) - The yen weakened on Tuesday after the Bank of Japan (BOJ) maintained ultra-low rates…
BOJ relaxes grip on rates as end to yield control looms
By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) - The Bank of Japan further loosened its grip on long-term interest…
Asiana Airlines board to meet again to decide Korean Air merger
By Ju-min Park and Heekyong Yang SEOUL (Reuters) -Asiana Airlines said on Tuesday it would reconvene a board meeting in…
Exclusive-G7 to agree AI code of conduct for companies -G7 document
By Foo Yun Chee BRUSSELS (Reuters) -The Group of Seven industrial countries will on Monday agree a code of conduct…
Singapore expects economy to improve in second half of 2024
By Xinghui Kok SINGAPORE (Reuters) - Singapore expects muted prospects for its economy in the short-term amid global uncertainty, but…
Africa unlikely to follow East Asia’s manufacturing growth path -study
WASHINGTON (Reuters) - African countries are less likely to follow East Asia's development model of expanding manufacturing to pull people…
Global economy slowdown expected, IMF report suggests
The International Monetary Fund (IMF) has projected a decrease in global growth to 3.0% in 2023, further declining to 2.9%…