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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Sam Bankman-Fried’s lawyer says FTX investments were not ‘reckless’
By Luc Cohen NEW YORK (Reuters) -FTX founder Sam Bankman-Fried's lawyer on Tuesday said the now-bankrupt cryptocurrency exchange's investments were…
US options traders on edge, eye bond market moves
By Saqib Iqbal Ahmed NEW YORK (Reuters) - U.S. equity options traders remain on edge, with much of their focus…
House speaker election: Jim Jordan isn’t a lock for the post before vote this afternoon
It wasn’t clear Tuesday if Rep. Jim Jordan would be successful in his push to become the next speaker of…
Marketmind: China GDP eyed as global cross currents swirl
By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.…
Funding Hamas: Crypto, Iran in Washington’s crosshairs
As Israel’s war against Hamas enters its second week, U.S. lawmakers are weighing new policies that could help starve the…
Fed’s Kashkari: inflation still too high
(Reuters) - Minneapolis Federal Reserve Bank President Neel Kashkari on Tuesday said it has taken much longer than expected for…
House speaker election: Jim Jordan comes up short in first round of voting
Rep. Jim Jordan hit resistance on Tuesday in his effort to become the next speaker of the U.S. House of…
Tunisia leans on IMF funding and renewable energy to address economic crisis
Tunisia is looking towards a $1.9 billion International Monetary Fund (IMF) program, an increase in tourism, and a boost in…
U.S. industrial output up 0.3% in September as auto strike has limited impact
The numbers: U.S. industrial production rose 0.3% in September, the Federal Reserve reported Tuesday. The gain was above expectations of…
South Korea plans to offer bigger tax refunds to foreign tourists – Finance Minister
SEOUL (Reuters) - South Korea is considering raising the maximum amount of tax refunds for foreign tourists on their domestic…
U.S. October home builder confidence drops to lowest level since January
The numbers: The National Association of Home Builders’ (NAHB) monthly confidence index fell 4 points to 40 in October, the…
Marketmind: Stocks ease in nervous Gaza wait
A look at the day ahead in European and global markets from Kevin Buckland A nervous watch has gripped markets…
Cables, the sky and sea. These are some of the global economy’s weakest links.
““The modern world has not freed itself from distance and geography; it still relies on a network of vulnerable physical…
Key takeaways from IMF/World Bank meetings in Morocco
MARRAKECH, Morocco (Reuters) -The International Monetary Fund and World Bank wrapped up annual meetings in Morocco on Sunday with some…
Fed’s Barkin sees ‘plausible story’ that slowing economy is working to bring inflation back to 2% target
The U.S. economy may be softer than the data suggest and this weakness may be helping to moderate inflation pressure,…
Analysis-Debt squeeze leaves sub-Saharan Africa’s governments in fiscal bind
By Rachel Savage MARRAKECH, Morocco (Reuters) - The International Monetary Fund (IMF) urged sub-Saharan African policymakers last week to cut…
China ramps up liquidity support to banking system
SHANGHAI (Reuters) -China's central bank ramped up liquidity support to the banking system as it rolled over medium-term policy loans…
Opinion: Israel-Hamas war could be the tipping point for a fragile financial system
“ It is naïve to assume that the largest credit-fueled bubble in half a century can continue indefinitely or be…