Breaking Business news from across New Jersey.
PRAGUE (Reuters) – Czech central bank Governor Ales Michl said on Monday the state budget deficit needed to shrink and nominal wages should not rise too quickly next year, as…
By David Lawder NUSA DUA, Indonesia (Reuters) -Indonesia, the Asian Development Bank and a private power firm said on Monday they are teaming up to refinance and prematurely retire a…
LONDON (Reuters) – The long-awaited UK fiscal plan is (almost) here and after the ructions unleashed by September’s mini-budget, markets are paying close attention. Chaos reigns in cryptoland as trouble…
TOKYO (Reuters) – Mitsubishi UFJ Financial Group Inc, Japan’s largest lender by assets, on Monday reported a 70.5% slide in second-quarter net profit because of another one-off loss related to…
NEW DELHI (Reuters) – India’s annual wholesale price-based inflation (WPI) eased in October to 8.39% year-on-year, the lowest since March 2021, helped by a fall in commodity prices, government data…
By Leika Kihara NUSA DUA, Indonesia (Reuters) -Billionaire Elon Musk said on Monday he was working “at the absolute most amount…from morning til night, seven days a week” when asked…
By Nevzat Devranoglu ANKARA (Reuters) -Turkey’s central bank has put the finishing touches to a reserve-management system that has stabilised the lira currency ahead of elections in 2023, thanks to…
JAKARTA (Reuters) – Indonesia’s trade surplus is seen narrowing slightly in October to $4.5 billion, amid weakening in global trade and moderating commodity prices, a Reuters poll showed on Monday.…
TOKYO (Reuters) – Mizuho Financial Group, Japan’s third-largest lender by assets, on Monday reported a 29.3% increase in second-quarter net profit. Mizuho posted a profit of 174.67 billion yen ($1.25…
By Tetsushi Kajimoto TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda said on Monday the central bank would stick to monetary easing to support the economy for the present…
By Karl Plume SPIRITWOOD, North Dakota (Reuters) – North Dakota’s soybean industry is at the forefront of what could be a once-in-a-generation transformation in coming years, with two new processing…
BERLIN (Reuters) – Airbus Chief Executive Guillaume Faury believes China and the West will reduce their mutual dependency in the long term but there is no question of them breaking…
By Yoruk Bahceli (Reuters) – As the most volatile period in years for traders draws to a close, the year-end dash for cash and high-quality assets will likely prove more…
By Richa Naidu LONDON (Reuters) – Unilever has raised prices faster than its biggest rivals P&G and Nestle since the middle of 2021, in a replay of its strategy during…
A look at the day ahead in European and global markets from Anshuman Daga Markets have got all excited after last week’s rip-roaring rally in global equities, a big tumble…
PARIS (Reuters) – The war in Ukraine, inflation and the energy crisis have made it more important than ever to press ahead with a capital markets union to finance green…
By Kevin Buckland TOKYO (Reuters) – Britain and the euro zone economies are likely to tip into recession next year, Morgan Stanley said, but the United States might make a…
BANGKOK (Reuters) – Thailand’s monetary policy would be “measured and gradual” to support economic recovery, Bank of Thailand governor Sethaput Suthiwartnarueput told a seminar on Monday. The economy was recovering…
By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka unveils a budget on Monday attempting to put the South Asian government’s finances in order, with reforms to advance a $2.9 global…
(Reuters) -Hong Kong’s Cathay Pacific Airways Ltd said on Monday it expected to operate 70% of its pre-pandemic passenger flight capacity by the end of 2023, up from a planned…
(Reuters) -Three of Australia’s ‘big four’ banks settled separate class action lawsuits for A$126 million ($84.51 million) with Slater & Gordon, who took the banks to court two years ago…
HONG KONG (Reuters) – Macau casino operators, vying for a licence in the world’s biggest gambling hub, are expected to invest a total of around 100 billion patacas ($12.4 billion)…
By Andrea Shalal WASHINGTON (Reuters) – The global economic outlook is even gloomier than projected last month, the International Monetary Fund said on Sunday, citing a steady worsening in purchasing…
NUSA DUA, Indonesia (Reuters) – Indonesia’s economy is expected to grow 5.4% in 2022 on a yearly basis, its chief economic minister told a business conference ahead of the G20…
NEW YORK (Reuters) – Visa Inc, the world’s largest payments processor, said on Sunday it was severing its global credit card agreements with collapsed crypto exchange FTX. “The situation with…