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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China’s Xi makes first known visit to central bank -sources
BEIJING (Reuters) - Chinese President Xi Jinping made his first known visit to the nation's central bank since he became…
Hong Kong may seek to kick-start ailing property market in policy address
By James Pomfret and Clare Jim HONG KONG (Reuters) - Hong Kong is expected to announce lower stamp duties for…
EU says jury still out on U.S. green subsidy impact
BRUSSELS (Reuters) - More than a year after the U.S. Inflation Reduction Act (IRA) was signed into law, the European…
Thai PM defends economic stimulus measures
BANGKOK (Reuters) - Thai Prime Minister Srettha Thavisin defended his government's economic stimulus measures on Tuesday, saying they were aimed…
Analysis-Existential shock of war sends Israeli economy into the unknown
By Steven Scheer and Ari Rabinovitch JERUSALEM (Reuters) - A depleted workforce. Constant rocket sirens. The lingering shock of an…
Louisiana Rep. Mike Johnson nominated for speaker by House Republicans
House Republicans on Tuesday night voted for Rep. Mike Johnson to become their latest nominee for speaker of the U.S.…
Bank of Canada Governor warns against political interference amid rate hike debate
The Governor of the Bank of Canada, Tiff Macklem, has issued a warning about the potential risk to the bank's…
Global Conflicts Unlikely to Impact Economy, Says Standard Chartered CEO
Standard Chartered (OTC:)'s CEO, Bill Winters, expressed his view at the Future Investment Initiative conference in Riyadh, also known as…
Analysis-Argentina’s clash of economic models stirs investor fears
By Rodrigo Campos and Jorgelina do Rosario NEW YORK/LONDON (Reuters) - Argentina's presidential election run-off next month will pitch big…
House speaker race: Tom Emmer ends bid, another vote for a GOP nominee expected tonight
Rep. Tom Emmer of Minnesota has become the latest House Republican to hit a wall in his push to become…
US banks face more fair lending scrutiny under new regulations
By Pete Schroeder WASHINGTON (Reuters) - U.S. regulators will begin grading banks on which communities and geographies they service via…
UBS sees peak in yields
UBS Global Wealth Management Chief Investment Officer believes we are close to the peak in yields after the rose above…
GDP bonanza: U.S. economy may have grown 5% in the third quarter
The U.S. economy has not only defied widespread predictions of a sharp slowdown. It’s grown even faster. But that doesn’t…
Australian and US leaders to discuss Pacific infrastructure, critical minerals
By Kirsty Needham SYDNEY (Reuters) - Australia and the United States will announce plans to cooperate on critical minerals and…
Tom Emmer nominated for speaker by House Republicans
House Republicans on Tuesday voted for Rep. Tom Emmer of Minnesota to become their latest nominee for speaker of the…
Argentina’s Massa, Milei battle to woo 9 million swing votes
By Nicolás Misculin and Juan Bustamante BUENOS AIRES (Reuters) - Argentina's Peronist economy chief Sergio Massa faces a fierce battle…
Trump blasts Emmer as Republicans’ House speaker pick: ‘Tragic mistake!’
Former President Donald Trump on Tuesday blasted House Republicans’ new pick for speaker, Rep. Tom Emmer, just a day after…
World Bank Plans to Expand Cat Bonds Offering to $5 Billion
The World Bank is set to significantly boost its catastrophe bonds (cat bonds) offering from $1 billion to $5 billion…