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…
Your best advisor to finance and money management.
Explaining Finance is your one-stop website for the latest news, updates, and tips about finance.
Latest News
Elon Musk to provide Starlink internet connectivity to aid organizations in Gaza
Elon Musk said that the SpaceX-owned satellite internet constellation, Starlink, will support internet connectivity to internationally recognized aid organizations in…
Fed seen keeping rates on hold well into next year
Cooling inflation will likely keep the Federal Reserve on pause in coming months, traders bet on Friday, even as persistent underlying…
US investors extend equity fund sell-off amid rising bond yields
(Reuters) - U.S. investors remained net sellers of equity funds in the week to Oct. 25 driven by higher bond…
Tighter credit, lending conditions build case for Fed policy hold
By Ann Saphir (Reuters) -U.S. Federal Reserve officials will likely leave their policy rate on hold at next week's meeting…
Most EU leaders back new Ukraine aid, Hungary and Slovakia voice doubts
By Jan Strupczewski and Gabriela Baczynska BRUSSELS (Reuters) -Most European Union leaders on Friday backed granting more financial support to…
Russia hikes rates to higher-than-expected 15% as budget pressure tells
By Alexander Marrow, Elena Fabrichnaya and Vladimir Soldatkin MOSCOW (Reuters) -The Bank of Russia hiked interest rates by a higher…
Axis Bank To Boost Small-Ticket And Microfinance Loans, MSME Book Surpasses Rs 2 Lakh Crore
Axis Bank, one of India's leading financial institutions, has disclosed plans to enhance its small-ticket loans, crop loans for small…
Inflation Uptick Triggers Concerns, Federal Reserve Contemplates Rate Hikes
The Federal Reserve (Fed) is facing growing concerns as inflation rose by 0.4% in September, partly fueled by increasing oil…
Inflation Steadies As Fed Holds Interest Rates Amid Strong Consumer Spending
The U.S. inflation rate remained steady in September, matching the previous month's figure of a 3.4% increase, as reported by…
Rouble hits over 6-week high after sharper-than-expected rate hike
By Alexander Marrow MOSCOW (Reuters) - The rouble leapt to a more than six-week high against the dollar on Friday…
Russia’s Central Bank hikes key interest rate to 15% amid high inflation
Russia's Central Bank has raised its key interest rate to 15% on Friday, in a move to counter high inflation…
Column-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…
Dollar eases as month-end flows weigh; eyes on Fed and BOJ
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar edged down against a basket of currencies on Friday, pulled down…
US trade tribunal issues potential Apple Watch import ban in Masimo patent fight
By Blake Brittain (Reuters) -The U.S. International Trade Commission (ITC) on Thursday issued an order that could bar Apple (NASDAQ:)…
Deutsche Bank Warns Of Sudden Devaluation Risk Due To Climate Change
Markus Müller, Deutsche Bank's ESG Chief Investment Officer, has recently issued a warning to investors about the looming risk of…
Stocks drag despite tech lift as inflation lingers
By Lawrence Delevingne (Reuters) -Global shares struggled on Friday despite a lift from technology giants, while benchmark Treasury yields and…
Qualcomm Partners With Indian Entities For Snapdragon X Elite Chip and 6G Network Development
In an ambitious move, Qualcomm (NASDAQ:) is partnering with several Indian entities including the government, Tata Group, Reliance Jio, and…
‘A lot of people got hurt’: Sam Bankman-Fried admits mistakes but denies fraud at FTX trial
Sam Bankman-Fried, the co-founder of failed cryptocurrency exchange FTX, testified Friday that many mistakes were made that led to the…