Business News

By Kantaro Komiya TOKYO (Reuters) – The Bank of Japan will end its negative interest rate policy next year, the majority of economists said in a Reuters poll, as the …

JAKARTA (Reuters) – Indonesia’s parliament on Thursday passed President Joko Widodo’s 3,325.1 trillion rupiah ($216.06 billion) budget for 2024, his final year in office, with a fiscal deficit of 2.29% …

By Engen Tham and Selena Li SHANGHAI/HONG KONG (Reuters) -UBS has identified at least four countries, including South Korea and India, as being “slow” to grant the regulatory approvals needed …

By Satoshi Sugiyama and Leika Kihara TOKYO (Reuters) – Japan won’t rule out any options in addressing excess volatility in currency markets, the government’s top spokesperson said on Thursday, issuing …

By Anton Bridge TOKYO (Reuters) -S&P Global Ratings revised its credit outlook for Japanese technology investor SoftBank Group to positive from stable after the initial public offering (IPO) of British …

By Svea Herbst-Bayliss and Lananh Nguyen NEW YORK (Reuters) -Ukrainian President Volodymyr Zelenskiy on Wednesday pressed his case for financial help for his country with some of America’s best known …

By Himanshi Akhand and Lucy Craymer (Reuters) -New Zealand’s Fonterra Co-Operative Group on Thursday reported a more than doubled annual profit on strong margins from its cheese and protein portfolio, …

By Daphne Psaledakis and Humeyra Pamuk NEW YORK (Reuters) – Washington urged JPMorgan to “be patient” before the U.S. bank stopped processing agricultural payments for Moscow after it quit a …

By Lucy Craymer WELLINGTON (Reuters) -New Zealand’s economy grew more than expected in the second quarter underpinned by a pick-up in the services sector, and dodged a technical recession, which …

By Kevin Buckland TOKYO (Reuters) -The yield on two-year U.S. Treasury notes rose to a 17-year high of 5.1970% on Thursday, a day after the Federal Reserve held interest rates …

By Kylie Madry SANTA LUCIA, Mexico (Reuters) – There is still work to be done with Mexican authorities to smooth over hiccups caused by the government-mandated move of cargo flights …

(Reuters) – OpenAI on Wednesday unveiled Dall-E 3, the latest version of its text-to-image tool that uses its wildly popular AI chatbot ChatGPT to help fill in prompts. Dall-E 3 …

By Stephen Culp (Reuters) – U.S. stocks slumped on Wednesday after the U.S. Federal Reserve held key interest rates unchanged as widely expected, and revised economic projections higher with warnings …

By David Shepardson and Joseph White DETROIT (Reuters) -Detroit’s Big Three automakers and the United Auto Workers remained far apart in labor negotiations on Wednesday, less than 48 hours before …

By Lisa Baertlein and Priyamvada C (Reuters) -FedEx surprised investors with a big quarterly profit beat on Wednesday after it cut costs and poached customers from rivals UPS and Yellow …

(Reuters) – Japan’s Prime Minister Fumio Kishida said on Thursday he will instruct his government to pull together the pillars of an economic package early next week under his new …

By Greg Roumeliotis, Anirban Sen and David Carnevali NEW YORK (Reuters) -U.S. Steel Corp is locked in a spat with rival steelmaker Cleveland-Cliffs Inc over a confidentiality pact that would …

By Caroline Valetkevitch NEW YORK (Reuters) -Marketing automation firm Klaviyo’s shares closed well below their first-day high on Wednesday, while a slump in the stocks of Arm Holdings and Instacart …

(Reuters) -Amazon.com is scrapping a plan to charge merchants who do not use its shipping services an additional fee, a company spokesperson said on Wednesday, signaling that the e-commerce giant …

WASHINGTON (Reuters) – Republican lawmakers on Wednesday urged the U.S. Treasury Department to conduct a security review over China-linked ownership of Gotion Inc, which plans to build electric vehicle battery …

By Ann Saphir WASHINGTON (Reuters) -Federal Reserve Chair Jerome Powell declined on Wednesday to say he expects a “soft landing” for the U.S. economy, but that sure was the picture …

By Howard Schneider and Michael S. Derby WASHINGTON (Reuters) -The U.S. Federal Reserve held interest rates steady on Wednesday but stiffened a hawkish monetary policy stance that its officials increasingly …

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. It’s all about global interest rates for Asia on Thursday. …

By Erwin Seba HOUSTON (Reuters) – Exxon Mobil Corp expects its motor fuels and chemicals earnings to reach $16 billion by 2027, up about $4 billion from current levels as …