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…
Your best advisor to finance and money management.
Explaining Finance is your one-stop website for the latest news, updates, and tips about finance.
Latest News
IMF cuts China’s growth forecasts amid real estate slowdown, weak consumer confidence
The International Monetary Fund (IMF) has lowered its economic growth projections for China for 2023 and 2024, attributing the decline…
IMF’s Georgieva says debt restructuring process making progress
MARRAKECH, Morocco (Reuters) - International Monetary Fund Managing Director Kristalina Georgieva on Thursday said consensus was growing in sovereign debt…
Ten-year Treasury yields hold near two-week lows ahead of CPI inflation report
U.S. government bond yields were little changed early Thursday as traders awaited the September consumer price index report.What’s happening The…
CPI looms, Fed flags caution around future rate decisions – what’s moving markets
Investing.com -- U.S. stock futures inch higher, as markets prepared for all-important September consumer price data that could influence how the…
Investors are asking too much from the stock market, says this strategist.
It’s CPI day and stock futures are reflecting optimism that economists forecasts will be right and we’ll see a dialing…
IMF revises Poland’s inflation forecast and predicts short-term economic deceleration in Africa
The International Monetary Fund (IMF) has revised its inflation projections for Poland, predicting a slightly higher short-term slowdown than previously…
Opinion: War, economic crisis and rage is the price of building a new world order
The world is in the process of reordering itself, something it does every few generations. It is not a process…
Israel-Hamas conflict is ‘new cloud’ darkening economic outlook -IMF chief
By Andrea Shalal MARRAKECH, Morocco (Reuters) -International Monetary Fund managing director Kristalina Georgieva said on Thursday the "heartbreaking" Israel-Hamas conflict…
ECB can aim for soft landing for economy – Villeroy
MARRAKECH, Morocco (Reuters) -The European Central Bank should aim to engineer a "soft landing" for the euro zone's economy, as…
S&P 500 futures strive for 5-day winning streak as traders await CPI report
U.S. stock futures rose early Thursday, as Treasury yields held near two-week lows ahead of the September CPI inflation report.How…
Sri Lanka says it has deal with China EXIM bank to cover $4.2 billion of debt
By Uditha Jayasinghe, Jorgelina do Rosario and Leika Kihara COLOMBO/MARRAKECH (Reuters) - Sri Lanka said on Thursday it has reached…
World Bank chief says Gaza conflict is economic shock ‘we don’t need’
By David Lawder MARRAKECH, Morocco (Reuters) - World Bank President Ajay Banga said on Tuesday that the Israel-Gaza conflict is…
NY Fed finds mixed bag for consumer’s expected inflation path in September
By Michael S. Derby (Reuters) - Americans had a mixed take on the outlook for inflation last month, as they…
Portugal eyes small budget surplus in 2024 despite slowing growth
By Sergio Goncalves LISBON (Reuters) - Portugal unveiled its draft 2024 budget on Tuesday, projecting a surplus of 0.2% of…
IMF Urges China to Intervene in Real Estate Crisis Amid Economic Slowdown
The International Monetary Fund (IMF) has raised concerns about China's financial stability due to an escalating real estate crisis, signaling…
Bank of England Maintains Rates, Warns of Economic Headwinds
The Bank of England's (BoE) Financial Policy Committee (FPC) held its quarterly meeting on Tuesday, emphasizing Britain's economic resilience amidst…
Fed’s balance sheet reduction on track despite market strains
The Federal Reserve Bank of New York has confirmed that the central bank's balance-sheet runoff, also known as quantitative tightening…
China’s Economic Growth Prospects Wane as Us Forecasts Strengthen, IMF Reports
China's aspirations to outpace the US as the leading global economy have been cast into doubt due to contrasting growth…