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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Analysis-Middle East throws central banks yet more unknowns
By Mark John (Reuters) - After months playing catch-up with inflation, central bankers were starting to believe they have finally…
Fed’s Bostic: possible Fed could lower rates in late 2024 – CNBC
By Michael S. Derby NEW YORK (Reuters) - Federal Reserve Bank of Atlanta President Raphael Bostic said on CNBC Friday…
Forvia warns of rising hit from UAW strike, considering layoffs
By Michal Aleksandrowicz and Nick Carey (Reuters) -French car parts maker Forvia on Friday posted solid organic sales growth for…
India rate panel’s focus firm on aligning inflation to 4% target, minutes show
By Swati Bhat MUMBAI (Reuters) - India's monetary policy committee (MPC) will remain focused on aligning inflation to its target…
BofA pushes out final Fed rate hike expectation to December
(Reuters) - BofA Global Research said on Friday it now expects the U.S. Federal Reserve to deliver a 25-basis-point rate…
Canada August retail sales down 0.1%, boost expectations of rate pause
OTTAWA (Reuters) - Canadian retail sales fell by 0.1% in August from July and look set to stay flat in…
Column-What landing? Global economy’s twin engines rev up: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) - The 2024 consensus world economic and market view is shaping up to be…
RBI plans to sustain repo rates amid declining inflation
The Reserve Bank of India (RBI) is poised to maintain its repo rates for an extended period due to a…
India emerges as top pick among emerging markets, says Morgan Stanley
Following a sustained period of economic growth and earnings improvement, Morgan Stanley has elevated India to "standout overweight", ranking it…
France will struggle to meet deficit target, says IMF chief economist
PARIS (Reuters) - France will struggle to bring down its budget deficit to 2.7% by 2027 without "a little more…
Meloni’s first anniversary as Italy PM marred by economy, family split
By Angelo Amante and Giselda Vagnoni ROME (Reuters) - Weak economic growth and high interest on the country's huge debt…
Morgan Stanley upgrades India to “standout overweight” amid strong economic growth
In a move that underscores India's growing economic strength, Wall Street firm Morgan Stanley has upgraded the country to "standout…
ECB and BoC policy decisions and global PMIs headline the week’s economic agenda
The upcoming week is set to be a significant one for global markets, with several key economic indicators and policy…
Argentina voting closes with economic crisis driving radical outsider
By Nicolás Misculin and Jorge Otaola BUENOS AIRES (Reuters) -Argentines flocked to the polls on Sunday to vote in a…
BoC likely done raising rates, to cut by mid-2024 say economists in Reuters poll
By Milounee Purohit BENGALURU (Reuters) - The Bank of Canada is probably done raising interest rates and will hold them…
Bank of England’s Bailey Anticipates October Inflation Drop
Bank of England Governor Andrew Bailey, during his visit to Northern Ireland on Friday, projected a significant drop in UK's…
Merck signs $5.5 billion deal with Daiichi for cancer therapy development
By David Dolan and Kanjyik Ghosh TOKYO (Reuters) -Drugmaker Merck will pay Daiichi Sankyo $5.5 billion to jointly develop three…
Inflation Drop Anticipated After Energy Price Spike
Bank of England's Governor, Andrew Bailey, expressed optimism for a significant decrease in inflation by October, following last year's sharp…