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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IMF closes Morocco meetings without consensus on funding terms, conflict language
By David Lawder and Andrea Shalal MARRAKECH, Morocco (Reuters) -International Monetary Fund countries on Saturday failed to agree on a…
Ukraine finance minister says donor ‘tiredness’ growing as war drags on
By Jorgelina do Rosario and Elisa Martinuzzi MARRAKECH (Reuters) - Ukraine is finding it harder to secure financial support as…
Ripple effect seen on markets globally from Middle East conflict
By Matt Tracy WASHINGTON (Reuters) - Economists and market strategists are anticipating further ripple effects globally from the Middle East…
IMF says recent El Salvador mission was ‘very productive’
By Jorgelina do Rosario and Rodrigo Campos MARRAKECH, Morocco (Reuters) - The International Monetary Fund's engagement with El Salvador has…
Suriname to continue debt talks with China in early November – Foreign Minister
By Jorgelina do Rosario, Rodrigo Campos and Ank Kuipers MARRAKECH, Morocco (Reuters) -Suriname received a counter to its proposal to…
Fed’s Harker says rate hikes likely over amid ongoing disinflation
By Michael S. Derby NEW YORK (Reuters) -Philadelphia Federal Reserve President Patrick Harker said on Friday he believes the U.S.…
Column-Persistent US services inflation dampens oil outlook: Kemp
By John Kemp LONDON (Reuters) - U.S. service-sector businesses returned to steady expansion in the third quarter after a brief…
IMF Official Highlights Concerns for Global Economic Growth
Gita Gopinath, the first deputy managing director of the International Monetary Fund (IMF), expressed concerns about future global economic growth…
IMF warns sub-Saharan Africa’s economy at risk from China’s slowdown
The International Monetary Fund (IMF) expressed concerns on Friday about the potential impact of China's economic slowdown on sub-Saharan Africa,…
Bank of Canada Prioritizes Interest-Rate Policies Over Bond Yields
In a recent video conference from Marrakesh, Morocco, Bank of Canada Governor Tiff Macklem indicated that higher bond yields would…
TikTok to take proactive steps to address issues in Malaysia
KUALA LUMPUR (Reuters) - Short video app TikTok is committed to taking proactive measures to address issues raised by Malaysia,…
JPMorgan profit beats estimates on record interest income, First Republic purchase
By Niket Nishant and Nupur Anand (Reuters) -JPMorgan Chase beat expectations for third-quarter profit on Friday as rising borrowing costs…
ECB Weighs Further Rate Hikes, Assesses Impacts of Past Increases
Christine Lagarde, President of the European Central Bank (ECB), has indicated that the institution is considering further interest rate hikes…
Bullard Cautions on Underestimated Inflation Risks, Suggests Rate Hike
Former St. Louis Federal Reserve Bank President, James Bullard, on Friday, raised concerns about underappreciated inflation risks and hinted at…
IMF says Latin American, Caribbean region needs to spend with discipline, grow revenues
MARRAKECH, Morocco (Reuters) -The International Monetary Fund said fiscal policy in Latin America and the Caribbean has been "prudent," but…
Yellen: met with S.Korean finance minister, looking forward to trilateral with Japan
MARRAKECH, Morocco (Reuters) - U.S. Treasury Secretary Janet Yellen on Friday said she met with South Korean Finance Minister Choo…
IMF to review Kenya’s debt reduction, Ethiopia’s reform program in progress
The International Monetary Fund (IMF) is set to review Kenya's ongoing debt reduction program next month, as the country seeks…
US consumer sentiment sours; dollar aiding inflation fight
By Lucia Mutikani WASHINGTON (Reuters) - U.S. consumer sentiment deteriorated in October, with households expecting higher inflation over the next…