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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ECB’s Villeroy advocates patience in monetary policy amid rising oil prices
European Central Bank (ECB) Governing Council member Francois Villeroy de Galhau, in a speech on Monday, stressed the importance of…
Aviva to buy AIG’s UK life insurance business for $563 million
By Iain Withers LONDON (Reuters) - Aviva (LON:) said on Monday it had agreed to buy the UK life insurance…
ECB’s de Cos asserts maintaining borrowing costs could align inflation with target
Pablo Hernandez de Cos, a member of the European Central Bank's (ECB) Governing Council, stated on Monday that keeping current…
IMF mission starts second review of Ukraine programme
KYIV (Reuters) - An International Monetary Fund monitoring mission started work on Monday on the second review of a $15.6…
BOJ chief warns of highly uncertain wage, price outlook
By Leika Kihara OSAKA (Reuters) -Bank of Japan Governor Kazuo Ueda said there was "very high uncertainty" over whether companies…
IMF initiates second review of Ukraine’s $15.6 billion loan program amid economic recovery
An International Monetary Fund (IMF) monitoring mission began the second review of a $15.6 billion multi-year loan program for Ukraine…
Why traders aren’t buying the Fed’s ‘higher-for-longer’ vision
By Ann Saphir (Reuters) - It's a now-familiar dance: Federal Reserve officials signal to the world that interest rates are…
IMF merges first and second reviews of Egypt’s economic reform program
Egypt has agreed with the International Monetary Fund (IMF) to merge the first and second reviews of its economic reform…
US House to press forward with spending cuts despite shutdown risk
By Andy Sullivan and David Morgan WASHINGTON (Reuters) -The Republican-controlled House of Representatives is due to try to advance steep…
Huawei disappoints viewers by not discussing Mate 60 phones at product launch
By Yelin Mo and Brenda Goh BEIJING/SHANGHAI (Reuters) -Huawei Technologies on Monday showcased a series of new products from a…
U.S. government shutdown would be ‘credit negative,’ Moody’s warns
A partial government shutdown would be “credit negative” for the U.S., Moody’s said Monday, as time was running short to…
Fed rate hikes lead to lower inflation, steady unemployment
The Federal Reserve's consistent increase in its benchmark rate has led to a significant decrease in inflation and maintained a…
Marketmind: Shutdown, oil, auctions and China rankle
A look at the day ahead in U.S. and global markets by Mike Dolan After the worst week since March…
Slump in UK retail sales eases in September, CBI says
LONDON (Reuters) -British retailers reported a smaller annual fall in sales for September than during the previous month and expect…
Tax policy ideas to look out for during the 2nd Republican presidential debate
The Republican presidential primary is heating up, with the leading candidates expected to take the stage in California this week…
Interest rates will stay high ‘well into next year,’ Fed’s Goolsbee says
The Federal Reserve’s inner circle is divided over whether to raise interest rates again this year, but they all agree…
SNB done with rate hikes, end-2024 level a mystery: Reuters poll
By Jonathan Cable LONDON (Reuters) - The Swiss National Bank is done with interest rate hikes, according to the vast…
Japan to compile economic package to ease inflation pain
By Satoshi Sugiyama and Tetsushi Kajimoto TOKYO (Reuters) -Japan's Prime Minister Fumio Kishida unveiled on Monday the pillars of a…