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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RBI and Maharashtra banks remain open amid religious holidays shift
The Reserve Bank of India (RBI) and other banks in Maharashtra remained open on Thursday, despite the celebration of Anant…
Inflation eases in Germany’s North Rhine-Westphalia, aligns with national forecasts
Inflation in North Rhine-Westphalia, the most populous state in Germany, experienced a significant drop from 5.9% in August to 4.2%…
New York remains top financial centre, London clings to second place – survey
LONDON (Reuters) - New York has easily remained the world's top financial centre with London still second and gaining some…
German GDP expected to contract 0.6% this year – economic institutes
BERLIN (Reuters) - Five economic institutes are predicting Germany's economy will shrink by 0.6% this year, as rising interest rates…
Evergrande says chairman under investigation over suspected ‘illegal crimes’
By Scott Murdoch and Ziyi Tang HONG KONG/BEIJING (Reuters) -China Evergrande Group's founder is being investigated over suspected "illegal crimes",…
Bank of England proposes changes to life insurance regulatory mechanism
The Bank of England is proposing modifications to a crucial mechanism within the UK's life insurance industry's regulatory approach, according…
Shutdown looms as US Senate, House advance separate spending plans
By Moira Warburton and David Morgan WASHINGTON (Reuters) - The Democratic-led U.S. Senate forged ahead on Thursday with a bipartisan…
German inflation likely to ease in September, key states indicate
BERLIN (Reuters) - German inflation is likely to ease significantly in September based on data from five key German states…
US government shutdown would hit 2,000 long-term disaster recovery projects -White House
WASHINGTON (Reuters) - The White House warned on Thursday a partial shutdown of the federal government that could occur this…
U.S. futures steady, Micron forecasts wider loss – what’s moving markets
Investing.com -- U.S. stock futures oscillated around the flatline, as the main indices on Wall Street are on track to post…
Former People’s Bank of China vice governor faces bribery charges
The former vice-governor of the People's Bank of China, Fan Yifei, is facing prosecution on bribery charges by the Huanggang…
Betting markets now see a Trump 2024 win as likelier than a Biden victory — and give Newsom better chances than Trump’s GOP rivals
Donald Trump’s chances of winning the 2024 presidential election appear to be improving this week, as betting markets tracked by…
Global stock index rises as oil, 10-year yield and dollar pull back
By Sinéad Carew NEW YORK (Reuters) - A global index of stocks bounced back after a nine-day losing streak on…
Opinion: Second GOP debate: Scott wins and candidates show who can be ‘not-Trump’
The second Republican presidential primary debate produced three results. First, it continued the trend of the now-seven candidates minus Donald Trump…
Volkswagen restarts production after suffering major IT outage
By Christoph Steitz FRANKFURT (Reuters) -Volkswagen said on Thursday that a major IT outage, which had caused most of its…
Biden interrupted by climate activist during speech, promises to meet
President Joe Biden on Thursday offered a meeting as he responded to an interruption from a climate activist while giving…
Dollar eases from 10-month high but on track for weekly gain
By Karen Brettell and Alun John NEW YORK (Reuters) - The eased from a 10-month high on Thursday but remained…
RBI anticipates shift to rate cuts in Q1FY25 following stable monetary stance
The Reserve Bank of India (RBI) is expected to maintain its monetary policy rates for the current fiscal year, according…