Breaking Business news from across New Jersey.
DAVOS (Reuters) – China’s reopening after debilitating pandemic restrictions is likely to add to global inflationary pressures as the world’s second-largest economy ramps up commodity consumption, European Central Bank (ECB) …
(Reuters) -Cathay Pacific Airways Ltd on Friday forecast a fiscal 2022 loss between HK$6.40 billion ($817.18 million) and HK$7.00 billion, but highlighted an upbeat outlook after Hong Kong and mainland …
(Reuters) – U.S. bond funds attracted money inflows for a second straight week in the seven days to Jan. 18, buoyed by expectations that the Federal Reserve will slow the …
By John Revill ZURICH (Reuters) -Fighting inflation and ensuring price stability is “absolutely essential”, Swiss National Bank (SNB) Chairman Thomas Jordan said on Friday, adding that current levels of price …
BANGKOK (Reuters) – Budget carrier Thai AirAsia is preparing its pilots and cabin crew for the return of Chinese tourists, previously its largest customer group, as the airline resumes routes …
(Reuters) – Global equity funds secured weekly inflows for a second straight week in the week to Jan. 18 on hopes over waning inflationary risks and more measured rate hikes …
By William Schomberg LONDON (Reuters) – Inflation-pinched British consumers cut their shopping by the most in the key month of December in at least 25 years, official data showed on …
BERLIN (Reuters) – Travel giant TUI reported on Friday a boost in demand for luxury holidays, driving sales for the winter 2022/23 period higher than they had been in the …
(Reuters) – The Danish government said on Friday it has appointed European Investment Bank Vice President Christian Kettel Thomsen as central bank governor, succeeding Lars Rohde who announced last year …
By Maria Martinez BERLIN (Reuters) -German producer prices rose in December at a slower rate than the previous month as inflation eases in Europe’s largest economy due in part to …
By Hyunsu Yim SEOUL(Reuters) – The administration of South Korean president Yoon Suk Yeol wants to allow people to work up to 69 hours a week – up from the …
(Reuters) – J.P.Morgan said the UK economy was expected to contract by 0.1% this year, revising it from the previously forecast 0.3% decline in the gross domestic product (GDP), buoyed …
By Elaine Lies TOKYO (Reuters) – Masami Fujino got his first raise in 20 years recently, but it’s still not enough to let the Tokyo day labourer treat himself to …
By Junko Fujita and Tom Westbrook SINGAPORE (Reuters) – Japan’s central bank appears to have scored an interim win in its long-drawn battle with bond bears. The Bank of Japan’s …
By Kantaro Komiya TOKYO (Reuters) – A leading indicator of Japanese consumer prices likely rose in January at more than twice the speed of the central bank’s target, hitting another …
By Mike Dolan LONDON (Reuters) – If markets are wondering why the Federal Reserve just won’t play ball with their ‘peak interest rate’ pricing, the answer probably lies in the …
By Mariam Rizk CAIRO (Reuters) -In better times, Om Mohamed’s family used to take holidays at resorts on Egypt’s Red Sea coast. Now there is no money for vacations. Om …
By John Kemp LONDON (Reuters) -U.S. manufacturers probably entered a recession in the fourth quarter of 2022, based on a range of high-frequency indicators, part of a global downturn in …
By David Shepardson WASHINGTON (Reuters) -The Federal Aviation Administration (FAA) said on Thursday a preliminary review found that contract personnel “unintentionally deleted files” disrupting a key computer system and prompting …
A look at the day ahead in European and global markets from Ankur Banerjee With the Year of the Rabbit upon us, the Asian markets shrugged off some of the …
BEIJING (Reuters) – China’s overall exports to North Korea more than tripled in 2022 from a year earlier as freight train operations between the two countries resumed following a suspension …
By Leika Kihara TOKYO (Reuters) – The Bank of Japan this week crafted a new weapon to defend its yield cap and extend the lifespan of its yield control policy, …
By Tetsushi Kajimoto TOKYO (Reuters) – Japanese Finance Minister Shunichi Suzuki cautioned against making any change to the government’s debt redemption rule as it helps the government maintain fiscal discipline. …
By Dawn Chmielewski and Lisa Richwine (Reuters) – In his book “No Rules Rules”, Netflix co-founder Reed Hastings described a moment in 2001 when venture capital had dried up, forcing …
(Reuters) – Alphabet Inc’s Google is deferring a portion of its employees’ year-end bonuses as part of a transition to a new performance management system, the search engine giant said …