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…
Your best advisor to finance and money management.
Explaining Finance is your one-stop website for the latest news, updates, and tips about finance.
Latest News
Work-from-home is huge — and here to stay
They thought the work-from-home revolution that took place during the Covid lockdowns would come to an end when the crisis…
Bullock takes over at Australia central bank with soft landing in sight
By Stella Qiu SYDNEY (Reuters) -When Michele Bullock takes over as the first woman to head Australia's central bank on…
Codelco ends long-term mined copper deals to China clients from 2025 -sources
By Julian Luk LONDON (Reuters) -Chile's Codelco is ending long-term contracts to sell concentrate to Chinese clients from 2025, bidding…
Dollar hovers near six-month high before key central bank decisions
By Harry Robertson and Vidya Ranganathan LONDON/SINGAPORE (Reuters) - The U.S. dollar hovered near a six-month high on Monday as…
Fed’s dot plot anticipation stirs U.S. Treasury market
The U.S. Treasury market, teetering on the brink of a third consecutive year of losses, is keenly awaiting the Federal…
China Evergrande shares tumble 25% after wealth management staff detained
HONG KONG (Reuters) -Shares of embattled developer China Evergrande (HK:) Group plunged 25% on Monday after police detained some staff…
Asian shares drop as investors brace for central bank-packed week
By Stella Qiu SYDNEY (Reuters) - Asian shares fell and the dollar was firm on Monday as investors looked ahead…
Column-Funds on verge of long dollar flip: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) - Hedge funds cut their net short dollar position by nearly $5 billion last…
Marketmind: Chips are down
A look at the day ahead in European and global markets from Vidya Ranganathan. The global chip sector is stealing…
Argentina government expects economic rebound, inflation slowdown in 2024
BUENOS AIRES (Reuters) - Argentina's economy is expected to grow 2.7% in 2024 after contracting 2.5% this year, according to…
Lagarde seized ECB colleagues’ handsets to prevent leaks
By Balazs Koranyi and Francesco Canepa FRANKFURT/SANTIAGO DE COMPOSTELA (Reuters) - European Central Bank President Christine Lagarde seized the mobile…
Explainer-UAW strikes target Detroit Three automakers
(Reuters) -The United Auto Workers (UAW) union on Friday launched strikes at three U.S. auto plants after failing to reach…
France to let fuel retailers sell below cost in inflation fight -PM
(Corrects spelling of Elisabeth, paragraph 1) PARIS (Reuters) - The French government plans to temporarily lift a ban on retailers…
Fed unlikely to raise rates in November, says Goldman Sachs
(Reuters) - The Federal Reserve is unlikely to raise interest rates at its Oct. 31-Nov. 1 meeting, Goldman Sachs strategists…
Canada’s housing crisis will take years to solve -finance minister
(Reuters) - An affordable housing crisis that is hurting the Canadian government's popularity will take years to resolve, even if…
China police detain some Evergrande wealth management staff
BEIJING (Reuters) - Police in southern China have detained some staff at China Evergrande (HK:) Group's wealth management unit, suggesting…
Bank of England readies what may be its final rate hike
By Andy Bruce LONDON (Reuters) - The Bank of England is likely to hike interest rates once again this week,…
Top US House Democrat sees Republican ‘civil war’ as shutdown looms
By David Morgan WASHINGTON (Reuters) - With a possible partial government shutdown looming in two weeks amid what a senior…