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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Fed to release November meeting minutes a day earlier than usual
(Reuters) - The Federal Reserve will release the minutes of its upcoming Oct. 31-Nov. 1 meeting on Tuesday Nov. 21,…
U.S. job surge prompts speculation of November Federal Reserve rate hike
On Friday, the U.S. nonfarm payroll report for September showcased an unexpected increase of 336,000 jobs, leading to increased speculation…
India sees uptick in absolute financial savings, household debt rises
Michael Patra, Deputy Governor of the Reserve Bank of India (RBI), underscored a rise in absolute financial savings in India…
US Job Growth Accelerates, Sparks Speculation of Federal Reserve Rate Hike
In a significant boost to the US economy, September saw a surge in job growth with an addition of 336,000…
EU leaders resolve to boost economic security amid global tension
By Belén Carreño GRANADA, Spain (Reuters) - European Union leaders resolved on Friday to strengthen the bloc's competitiveness, be at…
Surging Treasury yields upend stock market’s “bond proxies”
By Lewis Krauskopf NEW YORK (Reuters) - Soaring Treasury yields have stunned the U.S. equity market in recent weeks, with…
Saudi Arabia willing to raise oil output to help secure Israel deal: WSJ
Saudi Arabia has told the White House it would be willing to boost oil production early next year if crude…
RBI survey indicates Indian households expect inflation to drop
The Reserve Bank of India (RBI) has revealed that urban households in 19 cities across the country anticipate a decrease…
Employment Surge in September Influences Federal Reserve’s Interest Rate Decisions
The jobs report for September, published this Friday, unveiled an unexpected surge in employment, coupled with a moderate wage growth…
Retirement Savings Disparity Widens Between Workers With and Without Employer-Sponsored Plans
A recent study has underscored a growing disparity in retirement savings between median-income workers earning $60,000 annually, based on whether…
Canadian job growth exceeds forecasts, prompting speculation of interest rate hike
Canada's labor market displayed unexpected strength in September 2023, adding 64,000 jobs and surpassing economists' estimates. The new jobs were…
US job growth sizzles in September; wage inflation cooling
By Lucia Mutikani WASHINGTON (Reuters) - U.S. employment increased by the most in eight months in September as hiring rose…
Ten-year yields highest since 2007 on strong jobs report
By Karen Brettell NEW YORK (Reuters) - Benchmark 10-year U.S. Treasury yields hit 16-year highs on Friday after data showed…
Poland, Hungary stand alone in opposing EU migration reform
By Gabriela Baczynska and Inti Landauro GRANADA, Spain (Reuters) - Poland and Hungary blocked a symbolic European Union statement about…
US consumer watchdog warns payment systems risk Chinese-style surveillance
(Reuters) -The top U.S. agency for consumer financial protection is considering regulatory moves to help protect the public from the…
Ukraine boosts 2023 budget expenditures with focus on defense and security
The Verkhovna Rada in Ukraine confirmed on Friday, October 06, 2023, that it has ratified amendments to the State Budget…
US faces pushback on plan to bolster IMF funding without shareholding changes
By David Lawder WASHINGTON (Reuters) - The U.S. faces an uphill battle to persuade other International Monetary Fund member countries…
US dollar eases after blowout jobs number
By Gertrude Chavez-Dreyfuss and Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar eased against a basket of currencies on…