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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US imposes sanctions related to Bosnian Serb leader Milorad Dodik

By Kanishka Singh and Jonathan Landay WASHINGTON (Reuters) -The United States on Friday imposed sanctions on family members and the

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CME in ‘strongest position’ for deals, CEO says, despite rising competition

By Laura Matthews NEW YORK (Reuters) - CME Group (NASDAQ:) is in strong position to make acquisitions, armed with low

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Zelenskiy says US bipartisan support encourages Ukrainian nation and troops

KYIV (Reuters) - Bipartisan support from the United States is "incredibly encouraging" for Ukraine and its troops, Ukrainian President Volodymyr

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Fed’s Mester says Fed at or near peak for interest rate target

By Michael S. Derby NEW YORK (Reuters) - Federal Reserve Bank of Cleveland President Loretta Mester said on Friday her

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Australia says ‘not necessary’ to cancel Chinese firm’s lease on Darwin port

By Kirsty Needham SYDNEY (Reuters) -Australia said a security review of a 99-year lease held by Chinese company Landbridge on

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AmEx’s third-quarter profit tops estimates on robust spending

By Niket Nishant and Jaiveer Shekhawat (Reuters) -Credit card giant American Express (NYSE:) on Friday reported third-quarter profit that beat

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IMF pushes for austerity measures, higher gas tariffs in Pakistan

The International Monetary Fund (IMF) is advocating for stringent austerity measures in Pakistan's development budget for the current fiscal year,

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US banking regulators extend feedback window for contentious capital proposal

By Pete Schroeder WASHINGTON (Reuters) - A trio of U.S. banking regulators announced on Friday they were giving the public

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Fed’s Mester says plenty of room left to run on balance sheet drawdown

NEW YORK (Reuters) - Federal Reserve Bank of Cleveland President Loretta Mester said on Friday the central bank still has

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US curbs chip-making machinery exports to China, disrupting tech ambitions

In a significant move aimed at slowing down China's technological advancement, the U.S. has imposed strict controls on the global

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Argentina, Brazil seek 12.5 billion euro financial aid in EU-Mercosur talks

By Belén Carreño and Anthony Boadle MADRID/BRASILIA (Reuters) - Argentina and Brazil are requesting 12.5 billion euros ($13.2 billion) in

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Graphite buyers to boost imports ahead of China’s curbs – analysts

By Polina Devitt and Amy Lv LONDON/BEIJING (Reuters) - Some graphite consumers will aim to accelerate imports of the EV

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China, world’s top graphite producer, tightens exports of key battery material

By Siyi Liu and Dominique Patton BEIJING (Reuters) -China said on Friday it will require export permits for some graphite

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Dollar hits 150 yen then dips on intervention jitters

By Karen Brettell and Amanda Cooper NEW YORK/LONDON (Reuters) - The dollar touched the closely watched 150 level against the

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Miners race to realise graphite projects as China controls exports

By Nelson Banya and Clara Denina (Reuters) - As China moved to control some exports of key battery mineral graphite

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‘No doubt’ Peru in recession, econ minister says, seeking stimulus

LIMA (Reuters) - There is "no doubt" Peru is in a recession, Economy Minister Alex Contreras said on Friday, his

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Fed’s Potential Rate Halt May Boost Crypto Appeal

In a recent development, Federal Reserve Chair Jerome Powell hinted at a possible pause in the Fed's historic series of

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Bond term premiums are now a focus for the Fed. What are they?

(Reuters) - U.S. Federal Reserve policymakers are increasingly taking the view that the rising bond yields that are tightening financial

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