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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Iran oil-related sanctions could come out of Congress in wake of Hamas attack on Israel
Extra U.S. sanctions related to Iranian oil exports could come as a result of the war between Israel and Hamas,…
Gender gap pioneer Goldin wins Nobel economics prize
By Johan Ahlander, Simon Johnson STOCKHOLM (Reuters) -Harvard economic historian Claudia Goldin won the 2023 Nobel economics prize for her…
Cory Booker, in Israel over weekend, denounces ‘horrific’ attack by Hamas
“‘About this time yesterday, I was jogging … in the Old City when I got an urgent call from my…
Global economy’s glide to ‘soft landing’ gets bumpy as bond yields jump
By Howard Schneider WASHINGTON (Reuters) -Rocketing U.S. government bond yields that have led to a global jump in borrowing costs…
Construction activity in Ireland shows signs of recovery
The Irish construction industry is showing signs of recovery, as indicated by an increase in BNP Paribas (OTC:) Real Estate…
Progress in reforming development banks ‘quite limited,’ new tool shows
By Andrea Shalal MARRAKECH, Morocco (Reuters) - A new tool launched on Monday to track reforms by the World Bank…
China targets 50% growth in computing power in race against U.S
By Josh Ye HONG KONG (Reuters) - China aims to boost the country’s aggregate computing power by more than 50%…
Analysis-Argentina election lures risk-taking investors to long-odds gamble
By Rodrigo Campos NEW YORK (Reuters) - Argentina's presidential race is enticing some risk-taking investors to place bets despite the…
Take Five: Volatile start to busy week
(Reuters) -Financial markets have got off to a volatile start to the week, after Hamas militants launched an assault on…
ECB’s De Guindos sees inflation slowing down, but urges caution
MADRID (Reuters) - Both headline and core inflation are expected to continue their downward trend in the coming months, the…
Marketmind: Watch safe-havens, oil
By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.…
Japan likely won’t intervene to reverse yen downtrend – ex-top FX diplomat
By Leika Kihara TOKYO (Reuters) - Japan likely won't seek to reverse the yen's downtrend with exchange-rate intervention as recent…
Emerging economies face $220 billion in budget cuts amid debt crisis -Oxfam
LONDON (Reuters) - Some of the world's poorest countries face budget cuts topping $220 billion over the coming five years…
Column-Funds ramp up long dollar, short Treasuries bets: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) - Hedge funds have entered the final quarter of the year doubling down on…
Philippines has ‘done enough’ policy tightening, finance secretary says
MANILA (Reuters) - Philippine Finance Secretary Benjamin Diokno believes the central bank has "done enough" policy tightening to tame inflation,…
US Treasury pushing development banks for progress on next phase of reforms by April
By Andrea Shalal MARRAKECH, Morocco (Reuters) - The U.S. Treasury Department is pushing the World Bank and regional multilateral development…
IMF closely monitoring situation in Israel, Gaza
MARRAKECH, Morocco (Reuters) - The International Monetary Fund on Sunday said it was closely monitoring developments in Israel and Gaza,…
BIS’ Carstens: too early to say how new war will impact global outlook
DALLAS (Reuters) - Bank for International Settlements General Manager Agustin Carstens on Sunday said it's "too early to say" how…