A look at the day ahead in European and global markets from Anshuman Daga Soccer fans enjoyed an extraordinary final of the World Cup on Sunday as high emotion and …
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Dutch inflation to stick around 5% as energy costs bite – central bank
by Reutersby ReutersAMSTERDAM (Reuters) – Inflation in the Netherlands is set to remain at a relatively high level of around 5% in the next two years as soaring energy costs feed into …
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A look at the day ahead in U.S. and global markets from Mike Dolan. World markets head into the final full week of 2022 slightly punch drunk from this month’s …
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U.S. Congress aims to pack additional measures into government funding bill
by Reutersby ReutersBy Richard Cowan WASHINGTON (Reuters) – The U.S. Congress faces a tricky task this week as lawmakers try to use a $1.7 trillion government funding bill to also address other …
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China Evergrande’s stake in services unit drops to 51.7% on forced selling – filing
by Reutersby ReutersHONG KONG (Reuters) – China Evergrande Group’s shareholding in its property services unit has fallen to 51.71% from 58.18% after forced selling of pledged shares by a third party, a …
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LONDON (Reuters) – Shopper numbers across Britain fell 4.6% last week versus the week before, with rail strikes and cold snowy weather dealing another blow to the country’s retailers, market …
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Biden comes under pressure over expected easing of U.S. asylum rules
by Reutersby ReutersBy Jason Lange WASHINGTON (Reuters) – U.S. lawmakers, both Republicans and Democrats, on Sunday pressed Democratic President Joe Biden to take action to manage an expected wave of asylum seekers …
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Exclusive-Sam Bankman-Fried to reverse decision on contesting extradition
by Reutersby ReutersBy Jasper Ward (Reuters) – Former FTX Chief Executive Sam Bankman-Fried is expected to appear in court in the Bahamas on Monday to reverse his decision to contest extradition to …
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S.Africa Finance Minister: Ramaphosa re-election suggests policy continuity
by Reutersby ReutersJOHANNESBURG (Reuters) – The re-election of President Cyril Ramaphosa as leader of South Africa’s governing African National Congress (ANC) party suggests continuity in economic policy, Finance Minister Enoch Godongwana told …
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United Arab Emirates to host next major WTO meeting in Feb. 2024
by Reutersby ReutersGENEVA (Reuters) – The next World Trade Organization ministerial conference will be held in Abu Dhabi, United Arab Emirates in February 2024, the global trade watchdog confirmed in a statement …
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Elon Musk launches poll asking if he should quit as Twitter CEO
by Reutersby Reuters(Reuters) – Twitter CEO Elon Musk launched a poll on the social media platform on Sunday asking users whether he should step down as head of the company, adding that …
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ECB’s strong policy response needed for next half year, Kazimir says
by Reutersby Reuters(Reuters) – The inflation outlook requires the European Central Bank to continue with its strong policy response, and interest rates will need to go into “restrictive” territory and stay there …
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ECB’s de Guindos says changing inflation goal will hurt credibility
by Reutersby ReutersMADRID (Reuters) – The European Central Bank will not revise its mid-term price stability goal of 2% as that would undermine credibility, Vice-President Luis de Guindos said, adding that it …
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Jan 6 defendant, second man charged with conspiring to kill FBI agents
by Reutersby ReutersBy Dan Whitcomb (Reuters) -A defendant charged in connection with the Jan. 6 riots at the U.S. Capitol has been indicted on charges of conspiring with a second man to …
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Ex-BOJ Nakaso sees Japan lagging in exiting stimulus due to weak economy, wages
by Reutersby ReutersTOKYO (Reuters) – The Bank of Japan is continuing large-scale monetary stimulus as the economy has not fully recovered from COVID-induced slump and as wage growth has lagged behind price …
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LG Energy Solution to invest $3.1 billion in S.Korea battery facility
by Reutersby ReutersBy Joyce Lee SEOUL (Reuters) -South Korean battery maker LG Energy Solution said on Monday it plans to invest 4 trillion won ($3.1 billion) from this year to 2026 in …
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Asia’s stockpickers struggle in vintage year for big picture hedge funds
by Reutersby ReutersBy Summer Zhen and Xie Yu HONG KONG (Reuters) – Asia’s hedge funds are heading for their worst showing in a dozen years, with long-short stockpickers wrongfooted by volatility in …
- US and World News
North Korea confirms ‘important’ spy satellite test for April launch
by Reutersby ReutersBy Hyonhee Shin SEOUL (Reuters) -North Korea’s state media KCNA said on Monday the country conducted an “important, final phase” test on Sunday for the development of a spy satellite, …
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Thai rates to rise for “a while” to help economy grow fully – central bank
by Reutersby ReutersBy Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) – Thailand’s key interest rate will continue to rise until the economy grows at its full potential and inflation returns to target, …
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Japan to consider revising Abe-era deflation fighting mandate – sources
by Reutersby ReutersBy Tetsushi Kajimoto and Leika Kihara TOKYO (Reuters) – Japan next year will consider revising its decade-old blueprint for fighting deflation, sources said, as financial markets bet that a weak …
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Analysis-EU unity over Russia sanctions falters as Europe’s economy wilts
by Reutersby ReutersBy John O’Donnell BRUSSELS (Reuters) – European Union unity over sanctions on Russia has started to falter as jitters about the impact on Europe’s own stumbling economy weakens resolve to …
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By Belén Carreño MADRID (Reuters) – A revamp of Spain’s labour rules has led to a 142% rise in young workers with permanent contracts in a country where rates of …
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(Reuters) – The Bank of Japan will be the last of the major central banks to hold a policy meeting this year, and policy-makers in emerging economies also mark the …
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By James Davey LONDON (Reuters) – In Britain, the damage wrought by rampant inflation can be seen in the fate of the humble egg. With war in Ukraine driving energy …
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China seen keeping benchmark lending rates unchanged for 4th month
by Reutersby ReutersSHANGHAI (Reuters) – China is likely to keep benchmark lending rates unchanged for the fourth straight month in December on Tuesday, a Reuters survey showed, but expectations for monetary easing …