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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U.S. jobless claims fall to 8-month low of 201,000 with businesses avoiding layoffs
The numbers: The number of Americans who applied for unemployment benefits last week fell by 20,000 to an eight-month low…
Analysis-China’s economic woes embolden calls for deeper reforms
By Kevin Yao BEIJING (Reuters) -China's economic slowdown is polarising government advisers over the best way forward, with advocates of…
IMF chief urges Pakistan to increase taxation on the wealthy, protect the underprivileged
International Monetary Fund (IMF) Managing Director, Kristalina Georgieva, reiterated her call for Pakistan to bolster tax collection from its affluent…
At a peak? Bank of England makes 5-to-4 vote to pause interest rates
The Bank of England decision promised to be a cliff hanger, and it was, even for the nine people deciding…
Bank of England on brink of rate hike pause after inflation surprise
By William Schomberg LONDON (Reuters) - The Bank of England will announce on Thursday whether it is halting a run…
The U.S. could be in a recession and we just don’t know it yet
How do you know if an economy is headed into a recession? You don’t, until it’s already in one. That’s…
China, EU to hold high-level economic and trade dialogue in Beijing
BEIJING (Reuters) -The 10th China-European Union High-Level Economic and Trade Dialogue will be held in Beijing on Sept. 25, the…
New York Times columnist David Brooks gets roasted online after $78 airport meal post
David Brooks, a columnist for the New York Times, took to social media to express his dismay over food prices.…
Bank of Japan’s upcoming statement stirs market anticipation
As the week draws to a close, market anticipation is on the rise for the Bank of Japan's (BoJ) statement,…
US employers expect to see biggest jump in healthcare costs in a decade next year
Employers in the U.S. are expecting to see the largest increase in healthcare costs in a decade in 2024 according…
Thailand’s weakening baht not all bad for economy – PM
BANGKOK (Reuters) - Thailand's central bank is monitoring the weak baht, which is not entirely bad for the economy and…
The Jerome Powell press conference, as expressed through Simpsons GIFs
Guy LeBas, chief fixed income strategist at Janney, performed the very useful service of annotating the press conference of Federal…
Philippine cbank keeps rates steady but sends hawkish signal
By Neil Jerome Morales and Mikhail Flores MANILA (Reuters) - The Philippine central bank kept its key interest rate steady…
China approves export licences for chip materials gallium, germanium
BEIJING (Reuters) -Some Chinese companies have obtained export licences for gallium and germanium products, the commerce ministry said on Thursday,…
Indonesia central bank stands pat on rates for 8th monthly review
JAKARTA (Reuters) - Indonesia's central bank left interest rates unchanged for an eighth straight month on Thursday, amid renewed pressure…
Analysis-Stricter merger laws unlikely to cool Canada’s surging food prices
By Divya Rajagopal TORONTO (Reuters) - Canada's plan to bring down food prices by tightening regulation could backfire and fail,…
OECD raises 2023 global growth outlook, cuts 2024
PARIS (Reuters) - A stronger than expected U.S. economy is helping to keep a global slowdown in check this year…
UAE raises $1.5 billion in bond sale, receives orders worth over $6.8 billion
The United Arab Emirates (UAE) successfully raised $1.5 billion through a bond sale on Tuesday, marking its first venture into…