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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Prosecutors hammer at Sam Bankman-Fried’s credibility in FTX criminal fraud trial
Federal prosecutors on Monday sought to chip away at FTX founder Sam Bankman-Fried’s credibility, pointing to discrepancies between his public…
BOJ preview: YCC tweak on the cards amid sticky inflation, high yields
Investing.com-- Analysts expect the Bank of Japan to potentially further tweak its yield curve control (YCC) policy when it meets…
AIIB and UAE’s COP28 Presidency collaborate to boost climate investments
The Asian Infrastructure Investment Bank (AIIB) and the Presidency of the United Arab Emirates' COP28 have recently teamed up to…
Treasury cuts its fourth-quarter borrowing estimate
Corrects total borrowing to $776 billion The Treasury Department said Monday it expects to borrow $776 billion in the fourth…
Fed likely to hold policy rate steady amidst robust consumer spending
Despite a surprising 0.7% surge in consumer spending in September and ongoing price pressures, market participants anticipate the Federal Reserve…
US ‘term premium’ shock may need T-bill surprise: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) -The U.S. Treasury may need to keep things short for the sake of the…
Biden’s executive order on AI could reshape the technology’s impact on economy, national security
President Joe Biden’s sweeping executive order on artificial intelligence, expected to be issued Monday afternoon, could greatly shape how AI…
Swiss National Bank cuts overnight deposit rates to curb soaring interest costs
By John Revill ZURICH (Reuters) -The Swiss National Bank is set to reduce the amount of money it pays commercial…
Buyers return to China’s largest trade fair but orders still elusive
By David Kirton GUANGZHOU (Reuters) - Foreign buyers returned in force for the autumn round of the world's largest trade…
Recession odds fade, NABE says, but not all is good with the economy
The U.S. was supposed to be in recession by now, if you asked economists a year earlier. Now, a majority…
ECB keeping up pressure on banks to loosen ties with Russia -Enria
FRANKFURT (Reuters) - The European Central Bank has kept up pressure on banks to loosen ties with Russia but it…
Biden’s AI order could help fight housing discrimination — here’s how
President Joe Biden’s forthcoming executive order on artificial intelligence is taking aim at discrimination in the housing market, calling on…
ECB hawks take aim at rate cut bets for first half of 2024
FRANKFURT/VILNIUS (Reuters) -Two European Central Bank policymakers pushed back on Monday against market bets that the ECB will start cutting…
Russia to simplify inward investment for ‘friendly’ countries -prime minister
(Reuters) - Prime Minister Mikhail Mishustin said on Monday that Russia would create a simplified procedure for citizens and companies…
Goldman Sachs no longer sees U.S. govt shutdown in 2023
(Reuters) - Goldman Sachs removed its forecast for a U.S. government shutdown this year given new geopolitical risks and the…
Japan’s monthly report warns Middle East situation could impact economy
TOKYO (Reuters) - Japan's government warned on Monday that the conflict in the Middle East could impact the economy through…
Futures higher, HSBC share buybacks, Evergrande reprieve – what’s moving markets
Investing.com -- U.S. stock futures point higher, with investors preparing for a busy week of central bank decisions, economic data, and…
Futures jump as investors await Fed rate verdict; Middle East tensions eyed
(Reuters) - U.S. stock index futures climbed on Monday as tensions in the Middle East failed to dampen investor sentiment…