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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British Business Bank launches £150m investment fund for Scottish SMEs
The British Business Bank, under the leadership of CEO Louis Taylor, has launched a £150m Investment Fund for Scotland. The…
Economists forecast economic growth from India’s Cricket World Cup, first since 2011
Bank of Baroda economists predicted on Thursday that the forthcoming Cricket World Cup in India, the first to be held…
Turkey cenbank chief to meet Blackrock, JPM, DB at IMF/WB forum -source
ANKARA (Reuters) - Turkish Central Bank Governor Hafize Gaye Erkan will hold her first meetings with international investors since taking…
U.S. futures slip, bonds in focus, jobs data ahead – what’s moving markets
Investing.com -- U.S. stock futures were broadly lower as traders awaited a batch of fresh labor market data over the final…
Kaiser Permanente and unions for 75,000 striking health workers hit bargaining snag
By Ahmed Aboulenein and Steve Gorman WASHINGTON (Reuters) -Kaiser Permanente and union negotiators for 75,000 striking medical workers suspended a…
India market levels show effective rate has risen; cenbank meeting in focus
By Dharamraj Dhutia MUMBAI (Reuters) -India's central bank is widely expected to keep rates on hold on Friday but any…
Marrakech prepares for IMF and World Bank meeting a month after deadly quake
By Ahmed Eljechtimi MARRAKECH, Morocco (Reuters) - Moroccans living just an hour from where the global financial elite will gather…
Uncertainty over the Fed’s next move is leading to the ‘highest mortgage rates in a generation,’ Freddie Mac says
Mortgage rates rose for the fourth week in a row, amid uncertainty over whether the U.S. Federal Reserve will hike…
ECB’s Kazimir: latest hike was maybe the last, still need to see data
(Reuters) - The European Central Bank's rate hike last month was likely the last although the bank cannot be certain…
Americans’ support for arming Ukraine slips as price tag surpasses $75 billion
A smaller share of Americans support the U.S. providing weapons to Ukraine, according to a Thursday poll from Reuters and…
World Bank warns of economic stagnation in Sub-Saharan Africa
The World Bank has issued a warning about a grim economic future for Sub-Saharan African nations, including Nigeria, South Africa,…
Donald Trump’s second term would destroy democracy ‘as we know it,’ charges Sen. Manchin
“‘I don’t think that democracy as we know it would withstand another Trump administration.’” — Sen. Joe Manchin That’s Sen.…
Sri Lanka resumes rate cuts to boost growth as inflation ebbs
By Uditha Jayasinghe and Swati Bhat COLOMBO (Reuters) -Sri Lanka's central bank resumed interest rate cuts on Thursday to boost…
German sanctions officers raid Russian citizen’s properties in Bavaria
BERLIN (Reuters) - German police and customs officers on Thursday searched several properties in southern Germany belonging to a Russian…
U.S. trade deficit shrinks 10% to $58.3 billion and hits nearly 3-year low
The U.S. trade deficit shrank by 10% in August to a nearly three-year low of $58.3 billion, reflecting a change…
ECB official anticipates no further interest-rate hikes post-September
Peter Kazimir, an official from the European Central Bank (ECB), signaled on Thursday that he doesn't expect any more interest-rate…
Jobless claims inch up to 207,000, but no sign of rising U.S. layoffs
Story developing. Check back for updates. The numbers: The number of Americans who applied for unemployment benefits last week rose…
Pan Gongsheng set for international debut at IMF’s Annual Meetings
Governor of the People's Bank of China (PBOC), Pan Gongsheng, is preparing for his first major international appearance at the…