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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ECB halts interest-rate hikes amid falling inflation, lending slump
The European Central Bank (ECB) has announced a halt to its interest-rate increases due to dwindling inflation and a lending…
US Treasury seen boosting auction sizes as budget deficit worsens
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - The U.S. Treasury is likely to boost the size of auctions for bills,…
Inflation to dog world economy next year, postponing rate cut calls
By Hari Kishan BENGALURU (Reuters) -High inflation will dog the world economy next year, with three-quarters of over 200 economists…
Fall in UK jobs postings shows labour market is cooling – Adzuna
LONDON (Reuters) - Britain's jobs market is showing more signs of cooling with online vacancies and pay offers falling, according…
Asia stocks mull over Middle East, central bank meetings
By Wayne Cole SYDNEY (Reuters) - Asian share markets were mixed on Monday as Israel's push into Gaza stirred fears…
Global business cycle is in transition: Kemp
By John Kemp LONDON (Reuters) -Global economic activity was mixed during the third quarter of 2023, with distinct signs of…
Dollar holds near 150 yen as central bank policy, data deluge awaited
By Rae Wee SINGAPORE (Reuters) - The dollar inched broadly higher in cautious trade on Monday and held near 150…
Marketmind: Calm before policy, data storm
By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.…
China Evergrande faces winding-up challenge in Hong Kong court
HONG KONG (Reuters) - China Evergrande (HK:) Group's fate will be tested on Monday as Hong Kong's High Court hears…
Australia’s tight rental market forces tenants to make tough choices
By Stella Qiu SYDNEY (Reuters) - Australia's red-hot rental housing market, supercharged by record migration and a chronic supply shortage,…
Auto strikes to reduce US payrolls count in October -government report
By Lucia Mutikani WASHINGTON (Reuters) - Strikes by members of the United Auto Workers (UAW) union including against Detroit's Big…
Two Sigma tells clients of $620 million in unexpected gains, losses -WSJ
(Reuters) - Hedge fund Two Sigma Investments has told clients of $620 million in unexpected gains and losses which resulted…
Inflationary Pressure Mounts As PCE Indices Exceed Federal Reserve’s Target
The Federal Reserve's Core Personal Consumption Expenditures (PCE) Deflator for September dipped to a four-month low of 3.7% year-on-year (YoY),…
Fed’s Restrictive Policy Impacts Housing And Job Markets Amid Steady Inflation
The Federal Reserve's (Fed) restrictive monetary policy is having significant effects on the housing market and other interest-rate sensitive sectors,…
Inflation Persists Amid Robust Consumer Spending and Economic Growth
The Federal Reserve's inflation monitor for September has indicated continuous price hikes, driven by strong consumer spending and economic growth.…
Fed Focuses On PCE Data As Bitcoin Steadies At $34,000
's current standing at approximately $34,000 coincides with the Federal Reserve's attention on Personal Consumption Expenditures (PCE) data, a key…
Fed’s repo facility funds dwindle amid market volatility and increased Treasury borrowing
As the U.S. stock market stumbles and Treasury borrowing amplifies to address the government's substantial budget deficit, the Federal Reserve's…
Federal Reserve Calls For Stringent Oversight For Stablecoins
Recent developments indicate a growing need for regulation of stablecoins, assets pegged to government currency and used for payments and…