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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Donald Trump to appear in New York court for civil fraud trial
(Reuters) - Donald Trump said he will appear in a New York court on Monday at the beginning of a…
WTO chief sees early signs of ‘dangerous’ trade fragmentation
GENEVA (Reuters) - The head of the World Trade Organization said on Monday that early signs of global trade fragmentation…
Kremlin Urges Moldova to Settle Gazprom Debt Amid Ongoing Energy Crisis
The Kremlin has urged Moldova to settle its outstanding debts with Russian energy company Gazprom (MCX:) as the two parties…
India’s Financial Sector Sees Surge Following JP Morgan’s Inclusion of Government Bonds in Index
The Indian financial sector has witnessed a surge in activity following the inclusion of Indian government bonds in JP Morgan's…
Fed may have to raise interest rates once more this year, Mester says
The president of the Cleveland Federal Reserve said Monday she suspects the central bank “may well need to raise” interest…
Fed policymakers see rates staying high for ‘some time’
By Ann Saphir (Reuters) -U.S. Federal Reserve officials say that monetary policy will need to stay restrictive for "some time"…
Matt Gaetz files motion to oust Kevin McCarthy as House speaker
Rep. Matt Gaetz of Florida filed a resolution late Monday to remove House Speaker Kevin McCarthy, a fellow Republican, from…
EBRD plans capital raise to boost Ukraine investment amid dwindling support
In the wake of dwindling international support for Ukraine's war effort, the European Bank for Reconstruction (EBRD) is planning a…
Hedge funds using computers to sell up to $30 billion of stocks soon – UBS
By Nell Mackenzie LONDON (Reuters) - Hedge funds using computers to trade equities are expecting to start selling to the…
Euro zone’s benchmark Bund yield edges back up near 12-year high
By Stefano Rebaudo and Harry Robertson (Reuters) - The euro zone's benchmark German bond yield rose on Monday towards last…
Federal Reserve’s Bowman Sees Further Rate Hikes to Curb Persistent Inflation
Federal Reserve Governor Michelle Bowman indicated on Monday, October 2, 2023, that she is open to supporting another increase in…
Government shutdown averted — for now. Here’s what’s next for Congress.
Congress has avoided a partial government shutdown with a 45-day funding bridge, but also set the stage for more battles…
Ukraine confident of broad support as EU ministers convene in Kyiv
By Olena Harmash KYIV (Reuters) -EU foreign ministers convened in Kyiv for their first ever meeting outside the bloc on…
Gaetz threatening McCarthy’s ouster as speaker — even as some fellow Republicans aim to kick Gaetz out of House
Some House Republican colleagues are looking to boot Matt Gaetz even as the firebrand Florida lawmaker leads a push to oust…
Key moments in New York attorney general’s fraud case against Donald Trump
(Reuters) -Donald Trump, his adult sons, the Trump Organization and others will go on trial on Monday in a New…
Fed’s biggest question is how long to keep interest rates high, Barr says
Federal Reserve Gov. Michael Barr says the biggest challenge for the central bank is to decide how long to keep…
US manufacturing sector nears recovery; construction spending solid
By Lucia Mutikani WASHINGTON (Reuters) - U.S. manufacturing took a step further towards recovery in September as production picked up…
Trump calls New York fraud case a ‘scam’ as trial begins
By Jack Queen and Luc Cohen NEW YORK (Reuters) -A civil fraud trial that could deal a major blow to…