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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Likely next U.K. chancellor accused of plagiarism
Shadow Chancellor Rachel Reeves, widely expected to be the next head of the U.K. Treasury after an election that could…
US third-quarter economic growth seen fastest in nearly 2 years
By Lucia Mutikani WASHINGTON (Reuters) - The U.S. economy likely grew in the third quarter at its fastest pace of…
India’s festival season to bring some cheer to economy, say economists – Reuters Poll
By Milounee Purohit BENGALURU (Reuters) - Indian consumer spending during this year's festival season will be slightly better than in…
Marketmind: ECB on hold, five’s alive in the US
A look at the day ahead in European and global markets from Tom Westbrook Soggy lending data and weak purchasing…
BOJ to end negative interest rates in 2024, more economists say- Reuters poll
TOKYO (Reuters) - The Bank of Japan will end its negative interest rate policy next year, according to nearly two-thirds…
South Korea’s economic growth beats estimates, backing rate pause
By Cynthia Kim and Jihoon Lee SEOUL (Reuters) -South Korea's economy fared better than expected in the third quarter with…
Bank Indonesia likely to hold key rate at 6.00% through mid-2024- Reuters poll
By Veronica Dudei Maia Khongwir BENGALURU (Reuters) - Bank Indonesia (BI) will keep its key interest rate unchanged at 6.00%…
Bank of England rate has peaked, to stay at 5.25% through Q2 – Reuters poll
By Jonathan Cable LONDON (Reuters) - The Bank of England is likely done with policy tightening and will leave Bank…
Opinion: China is ignoring this painful Achilles’ heel threatening its economic growth
Chinese President Xi Jinping recently sought to assure a bipartisan delegation of U.S. senators that China and the United States could still…
China-US Economic Working Group holds first meeting
BEIJING (Reuters) - The China-U.S. Economic Working Group held its first meeting via video link on Tuesday, the Chinese finance…
As Mike Johnson becomes House speaker, analyst puts risk of government shutdown at 20% to 30%
Could newly elected U.S. House Speaker Mike Johnson deliver a partial government shutdown next month? Don’t bet on it, according…
U.S. bond market faces uncertainty amid upcoming economic data releases
The U.S. bond market is bracing for potential shifts as key economic data releases, including Q3 GDP growth estimates and…
Bank of Japan to conduct unscheduled bond-buying operation
By Kevin Buckland TOKYO (Reuters) - The Bank of Japan announced an unscheduled bond operation on Tuesday, as it sought…
Lagarde says ‘we are not done yet’ in interview ahead of ECB decision
On the eve of an interest-rate decision that will be announced in Athens, European Central Bank President Christine Lagarde gave…
China, US officials discuss macroeconomic developments in meeting
By Kanishka Singh WASHINGTON (Reuters) -Officials from the United States and China on Monday held a two-hour long virtual meeting…
Mike Johnson elected speaker, ending rudderless period for House
The Republican-run U.S. House of Representatives at last managed to elect a new speaker on Wednesday, backing Rep. Mike Johnson,…
Suriname proposes exchange of $675 million bonds for oil-linked debt
(Reuters) - Suriname offered late Monday to exchange $675 million of dollar bonds for new notes, the next step in…
Biden says he’s not worried House Speaker Johnson will try to throw out election results
President Joe Biden on Wednesday said he’s not worried that new House Speaker Mike Johnson will try to overturn the…