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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Wall Street notches weekly loss as benchmark US bond yield eases
By Stephen Culp NEW YORK (Reuters) - Wall Street ended lower on Friday as investors closed the book on a…
Inflation, commercial real estate among top financial stability concerns -Fed survey
By Pete Schroeder WASHINGTON (Reuters) -The chance for persistent inflation to keep interest rates higher and potential losses in the…
Federal Reserve survey highlights inflation and real estate concerns
The Federal Reserve's bi-annual survey, published on Friday, revealed escalating concerns about persistent inflation and potential real estate losses. This…
US mid-sized bank shares slump after downbeat interest income forecasts
By Jaiveer Shekhawat and Niket Nishant (Reuters) -Shares of mid-sized U.S. banks fell on Friday after a string of earnings…
S&P upgrades Greece to investment grade for first time since 2010 crisis
(Reuters) - S&P Global is the first among the “big three” rating agencies to upgrade Greece to investment grade since…
Investors seek shelter as U.S. stocks grow more turbulent
By Lewis Krauskopf NEW YORK (Reuters) - Growing volatility in U.S. stocks is driving a search for defensive assets, though…
Wall St ends sharply lower, posts weekly losses; Mideast fears increase
By Caroline Valetkevitch NEW YORK (Reuters) - U.S. stocks ended sharply lower for the day and week on Friday as…
Argentine voters, fired up by anger, ready to leap into the political void
By Nicolás Misculin BUENOS AIRES (Reuters) - Argentina may be about to leap into the political unknown. The South American…
China’s central bank governor outlines priorities in work report
SHANGHAI (Reuters) - People's Bank of China Governor Pan Gongsheng on Saturday outlined the central bank's priorities for the near…
Argentina braces for election with economy in ‘intensive care’
By Eliana Raszewski BUENOS AIRES (Reuters) - As Argentina prepares for a crunch presidential election, the old adage rings true:…
Japan govt considering income tax cut to ease blow from inflation – NHK
TOKYO (Reuters) -Japanese Prime Minister Fumio Kishida is considering a temporary income tax cut as part of a package of…
Exclusive-Brazil readies currency hedging tool to boost FDI, says Haddad
By Marcela Ayres, Bernardo Caram and Lisandra Paraguassu BRASILIA (Reuters) - Brazil's government is preparing to introduce currency hedging instruments…
Japan’s bank lobby head warns of hit to economy from rising yields
TOKYO (Reuters) - Japan's banking lobby head Masahiko Kato warned on Thursday further rises in long-term interest rates could hurt…
Longer-duration bonds attractive amid widening spread as recession looms -PIMCO’s Chang
By Anisha Sircar (Reuters) - A widening spread between long- and short-term U.S. bond yields makes longer duration assets more…
IMF, Bangladesh agree on first review of $4.7 billion bailout
By Ruma Paul DHAKA (Reuters) -Bangladesh and the International Monetary Fund reached a staff-level agreement on the first review of…
Powell to Address Economic Club Amidst Inflation Concerns and Geopolitical Tensions
Federal Reserve Chair Jerome Powell is set to discuss the Economic Outlook at New York's Economic Club today, Thursday. This…
Taliban says plans to formally join China’s Belt and Road Initiative
By Joe Cash BEIJING (Reuters) - The Taliban administration wants to formally join Chinese President Xi Jinping's huge 'Belt and…
Israel, Ukraine aid could run up against House dysfunction, making for ‘tragedy’: analyst
President Joe Biden’s urgent request for funding for Israel and Ukraine with those two nations at war could quickly run…