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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Fed may pencil in another interest rate hike this year
A majority of economists expect the Federal Reserve to open the door to one more interest rate hikes this year…
Global equity funds draw big inflows as inflationary pressures ease
(Reuters) - Global equity funds attracted substantial inflows in the week ending Sept. 13, buoyed by hopes the Federal Reserve…
ECB policymakers push back on rate cut expectations
By Francesco Canepa SANTIAGO DE COMPOSTELA, Spain (Reuters) -The European Central Bank will keep interest rates high for an extended…
Euro zone ministers agree fiscal policy must aid ECB inflation fight
By Jan Strupczewski SANTIAGO DE COMPOSTELA, Spain (Reuters) -Euro zone finance ministers agreed on Friday that fiscal policy should be…
Rising health costs could make it harder for the Fed to get inflation down to 2%
The rate of U.S. inflation has slowed considerably from a 40-year peak of 9.1% in mid-2022 and it’s gotten an…
Inflation surge drives investors towards REITs as fuel prices rise
The U.S. experienced a significant surge in consumer inflation in August, largely due to rising fuel prices, pushing investors towards…
US equity funds see biggest weekly inflow in three months
(Reuters) - U.S. equity funds saw robust inflows after six straight weeks of outflows, on hopes that receding inflationary pressures…
US junk debt deals carry higher guardrails for investors
By Matt Tracy (Reuters) - U.S. junk-bond offerings have spiked in recent weeks on the back of strong demand from…
Russian central bank says rates will need to stay high as it hikes to 13%
By Elena Fabrichnaya and Alexander Marrow MOSCOW (Reuters) - Russia's central bank raised its key interest rate by 100 basis…
Analysis-IMF has a tough call on Argentina: force major reforms or pull the plug
By Jorgelina do Rosario LONDON (Reuters) - Argentina and the International Monetary Fund share a rocky history spanning seven decades…
Russian rouble pares some gains after central bank hikes rates
By Alexander Marrow (Reuters) -The rouble strengthened on Friday but gave up some intraday gains after the Bank of Russia…
Fed losses breach $100 billion as interest costs rise
By Michael S. Derby NEW YORK (Reuters) - Federal Reserve losses breached the $100 billion mark, central bank data released…
Saudi Arabia Plans $11 Billion Syndicated Loan to Fuel Investment Strategies
In a significant move towards funding its ambitious investment strategies, Saudi Arabia has revealed plans to secure an $11 billion…
New York Manufacturing Activity Sees Unexpected Upturn in September
In a surprising turnaround, the New York manufacturing sector showed substantial growth in September 2023, according to a report released…
China’s economy shows signs of stabilising but property slump threatens outlook
By Ellen Zhang and Joe Cash BEIJING (Reuters) -China's factory output and retail sales grew at a faster pace in…
Broken dreams, shattered families in China’s unfinished apartments
By Laurie Chen and Xiaoyu Yin TONGCHUAN, China (Reuters) - Construction worker Shi Tieniu bought a presale apartment in an…
EBRD boosts support for SMEs in Ukraine and Serbia with new financing instruments
The European Bank for Reconstruction and Development (EBRD) is intensifying its cooperation with financial institutions in Ukraine and Serbia to…
CAF bank gives $488 million in loans to Ecuador, government says
QUITO (Reuters) - The Development Bank of Latin America (CAF) has approved three credits for Ecuador worth a total of…