By David Dolan and Daniel Leussink TOKYO (Reuters) – When salaryman Takayuki Nakamura bought his Tokyo home last year, he got a floating-rate mortgage at a rock-bottom 0.35% and an …
Reuters
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- US and World News
Philippines orders strengthened military presence after ‘Chinese activities’ near islands
by Reutersby ReutersMANILA (Reuters) – The Philippines’ defence ministry on Thursday ordered the military to strengthen its presence in the South China Sea after monitoring “Chinese activities” in disputed waters close to …
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A look at the day ahead in U.S. and global markets from Amanda Cooper. Ding dong, inflation’s dead! Or so you might think looking at what consumers reckon will happen …
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(Reuters) – The U.S. Securities and Exchange Commission (SEC) is heightening the scrutiny of the work audit firms do for cryptocurrency companies, a senior official of the regulator told the …
- Business News
ECB’s might raise interest rates at current pace for a while – ECB’s de Guindos
by Reutersby ReutersBERLIN (Reuters) -The European Central Bank may raise interest rates at its current pace for a “period of time” to curb inflation, said Vice-President Luis de Guindos. “We have no …
- Business News
Brazil’s Congress passes bill to raise spending cap for welfare program
by Reutersby ReutersBy Maria Carolina Marcello BRASILIA (Reuters) -Brazil’s Congress late on Wednesday gave its final approval to a constitutional amendment increasing the government spending cap to maintain welfare payouts to poor …
- Business News
Indonesia central bank slows pace of rate hikes as growth seen easing
by Reutersby ReutersBy Gayatri Suroyo and Fransiska Nangoy JAKARTA (Reuters) -Indonesia’s central bank raised its key policy rate on Thursday but at a slower pace than in recent months, reaffirming that inflation …
- Business News
Two Bankman-Fried associates plead guilty to fraud as FTX founder heads to U.S
by Reutersby ReutersBy Luc Cohen, Jared Higgs and Jack Queen NEW YORK/NASSAU (Reuters) -FTX founder Sam Bankman-Fried left the Bahamas on Wednesday on a U.S.-bound flight to face fraud charges as federal …
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SHANGHAI (Reuters) – Tesla Inc has tapped China chief Tom Zhu to troubleshoot production engineering challenges in the United States, according to two people with knowledge of the matter. They …
- Business News
Japan shares to benefit in value investing revival, Daiwa CEO says
by Reutersby ReutersBy Makiko Yamazaki and Ritsuko Shimizu TOKYO (Reuters) – Japan’s stock market is drawing renewed interest from overseas investors, as global inflation bolsters the case for value investing while Japan’s …
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(Reuters) – More than three quarters of British companies have reported that the trade agreement between the European Union and Britain has made it difficult for them to increase sales …
- US and World News
South Korea, U.S. consider live-fire drills amid North Korea threats
by Reutersby ReutersBy Hyonhee Shin SEOUL (Reuters) – South Korea and the United States are considering staging their first large-scale joint live-fire demonstration in six years in 2023 amid North Korea’s growing …
- US and World News
Ukrainian Americans see Zelenskiy visit as promising sign, urge more U.S. support
by Reutersby ReutersBy Kanishka Singh WASHINGTON (Reuters) – Ukrainian Americans in Washington saw President Volodymyr Zelenskiy’s U.S. visit as a promising sign that displayed strong relations between the countries but also urged …
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COPENHAGEN (Reuters) – The Swedish economy will enter a deeper, more long-lasting recession next year than previously forecast as soaring energy prices drive up inflation, hitting households and businesses, the …
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By Tom Wilson LONDON (Reuters) -Britain’s accounting watchdog said on Thursday it had fined Deloitte LLP more than 900,000 pounds ($1.09 million) over its audits of building materials supplier SIG …
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PARIS (Reuters) – French carmaker Renault has issued a 210 billion yen ($1.6 billion) bond that will mature in December 2026 and carry a coupon of 2.80%, it said on …
- Business News
French inflation will be high in coming months before easing in mid-2023 -Le Maire
by Reutersby ReutersPARIS (Reuters) – France will have high inflation levels in the next few months, particularly regarding food items, before it will then likely ease in mid-2023, French Finance Minister Bruno …
- Business News
SK E&S issues convertible preferred shares worth $576 million through KKR
by Reutersby ReutersSEOUL (Reuters) – South Korean energy company SK E&S said on Thursday it plans to issue new redeemable convertible preferred shares (RCPS) worth 735 billion won ($576 million) through global …
- Business News
Thai New Year spending seen at 3-year high as economy rebounds -survey
by Reutersby ReutersBANGKOK (Reuters) – Thailand’s consumer spending during the New Year could reach a three-year high of 103 billion baht ($2.97 billion) as the economy continues to recover from the impacts …
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A look at the day ahead in European and global markets from Ankur Banerjee Markets are attempting a brief Santa rally ahead of Christmas as traders wind down for the …
- Business News
Analysis-Euro zone governments must court private buyers for mountain of debt
by Reutersby ReutersBy Yoruk Bahceli and Harry Robertson (Reuters) – Euro zone governments will have to charm private buyers to step in and buy 400 billion euros of additional debt next year, …
- Business News
Indian stocks top Asian markets, strong economic growth fuels hope
by Reutersby ReutersBy Ankur Banerjee SINGAPORE (Reuters) – In a year when Indian equities emerged as the best performers in Asia and the country took advantage of a structural shift in supply …
- Business News
Turkey’s cenbank to stand pat after fulfilling Erdogan’s call for single digits
by Reutersby ReutersISTANBUL (Reuters) -Turkey’s central bank is expected to keep its policy rate unchanged next week, a Reuters poll showed on Thursday, having decided to end the cycle after cutting it …
- US and World News
Pipeline blast kills at least one Pemex worker in central Mexico
by Reutersby ReutersMEXICO CITY (Reuters) – At least one worker from Mexico’s state oil company Pemex died on Wednesday in a fuel pipeline explosion in the central state of Hidalgo, local officials …
- US and World News
Sprawling winter storm threatens U.S. holiday travel as Arctic blast descends
by Reutersby ReutersBy Tyler Clifford DETROIT (Reuters) – An Arctic blast surged across a wide swath of the United States on Wednesday, gripping much of the nation with bitter cold and life-threatening …