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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Turkish central bank expected to raise rates to 35% on Oct. 26
By Ezgi Erkoyun ISTANBUL (Reuters) -Turkey's central bank is expected to deliver another hefty rate hike of 500 basis points…
China to choose fiscal muscle over big reforms to revive economy
By Kevin Yao BEIJING (Reuters) -China is set to unleash fresh fiscal stimulus to shore up its economic recovery, drawing…
Australia central bank sees risks on inflation, will not hesitate on rates
SYDNEY (Reuters) - Australia's top central banker on Tuesday warned there were risks inflation would prove more stubborn than expected…
U.S. new-home sales surge to the highest level since February 2022
The numbers: Sales of newly built homes in the U.S. surged in September as aspiring homeowners, unable to find inventory…
Microsoft, Alphabet earnings, Bitcoin, PMI data – what’s moving markets
Investing.com -- Tech giants Microsoft and Alphabet (NASDAQ:) lead the earnings slate later in the session Tuesday, while soared in…
One tech executive’s inside take on the U.S. Senate’s AI forum
From inside the second gathering of the U.S. Senate’s forum on artificial intelligence on Tuesday, one of its participants left…
UK Jobless Rate Remains Steady, Wage Growth Outpaces Inflation
The unemployment rate in the United Kingdom remained steady at 4.2% over three months to August, according to data from…
World Bank’s Banga says geopolitics pose biggest, but not the only, risk to world economy
By Jorgelina do Rosario LONDON (Reuters) -Geopolitical tensions heightened by the Middle East conflict pose the biggest threat to the…
30-year mortgage sprints towards 8%, pushing more buyers to consider adjustable-rate mortgages
The numbers: U.S. mortgage rates rose for the seventh week in a row, with the 30-year mortgage rate inching even…
Global Economic Outlook Gloomy, Top Financial Figures Warn
Key financial figures Ray Dalio of Bridgewater Associates LP and Jane Fraser of Citigroup Inc (NYSE:). painted a bleak picture…
‘Can I be fired for my political opinions?’ Yes — so choose your words about Israel, Palestine, Trump and Biden very carefully.
The Florida-based Christian university, also known as PBAU, says it “equips students to grow in wisdom, lead with conviction and…
World Bank President Warns Israel-Hamas Conflict Could Impact Global Economy
World Bank President Ajay Banga, speaking at the Future Investment Initiative conference in Saudi Arabia, known as "Davos in the…
ECB seen pausing as economy sputters
The European Central Bank is expected to pause on Thursday as inflation cools while activity stagnates. The ECB is expected…
Singapore central bank consults on regulatory structure for fund managers
By Rishav Chatterjee and Yantoultra Ngui (Reuters) -The Monetary Authority of Singapore (MAS) launched on Tuesday a public consultation exercise…
UK Job Market Contracts as Bank of England Holds Interest Rates
The UK's labor market has witnessed a contraction of 82,000 jobs in the quarter to August, marking a continuation of…
Treasury yields nudge higher as traders eye GDP and inflation data in coming days
Bond yields rose on Wednesday, though market volatility declined as investors eyed growth and inflation data due for release in…
Central Bank Urges Wage Restraint Amid Inflationary Concerns In Canada
In an effort to curb rising inflationary pressures, the Bank of Canada is encouraging wage restraint, following a surge in…
IMF reaches staff-level agreement for over $200 million to Senegal
DAKAR (Reuters) - The International Monetary Fund (IMF) has reached a staff-level agreement with Senegal for the country to receive…