Elon Musk Claims $300 Million in Federal Funding Paid to Reuters Influenced Negative News Coverage
Washington, D.C., – In a recent wave of controversy, billionaire entrepreneur Elon Musk has publicly accused Reuters, one of the world’s largest international multimedia news agencies, of being compromised by federal funding.…
BOJ to go slow in rate hikes after ending negative rate, says ex-central bank official
By Leika Kihara TOKYO (Reuters) – The Bank of Japan may end negative interest rates in April but will likely go slow in any further steps towards normalising ultra-loose monetary policy, the…
S&P places Nippon Steel on negative credit watch after U.S. Steel deal
(Reuters) – Ratings agency S&P on Wednesday placed its ‘BBB+’ long-term issuer credit rating on Nippon Steel Corp on negative credit watch after it clinched a deal to buy U.S. Steel for…
Moody’s sees negative outlook for Latin American companies on high rates, low growth
BOGOTA (Reuters) – Non-financial industry companies in Latin America are facing a negative outlook for next year because of continued high interest rates, slow regional economic growth and projected low prices for…
Renault hopes to escape from its ‘negative core value’ curse
By Gilles Guillaume PARIS (Reuters) – Renault hopes it can lift the curse of its negative value next year thanks to the creation of two specialised businesses, Ampere and Horse, and its…
BOJ to end negative interest rates in 2024, over 80% of economists say – Reuters poll
By Satoshi Sugiyama TOKYO (Reuters) – The Bank of Japan will end its negative interest rate policy next year, more than 80% of economists in a Reuters poll said, with more convinced…
Brazil’s economy enters negative territory in Q3, shows central bank data
BRASILIA (Reuters) -The Brazilian economy ended the third quarter in negative territory, central bank data showed on Friday, reversing a performance that had been surprisingly positive due to a booming farming sector.…
BOJ seen ending negative rates in April, keep hiking next year – ex-central bank economist
By Leika Kihara and Takahiko Wada TOKYO (Reuters) – The Bank of Japan is expected to end its negative interest rate policy in April and keep raising short-term borrowing costs next year…
Biden officials reject Moody’s shift to ‘negative’ outlook, point to Republican ‘dysfunction’
WASHINGTON (Reuters) – Top Biden administration officials on Friday rejected a decision by Moody’s ratings agency to downgrade its U.S. economic outlook to negative from stable, calling the shift a reflection of…
BOJ may end negative rates in January, ex-central bank executive says
By Leika Kihara and Yoshifumi Takemoto TOKYO (Reuters) – The Bank of Japan may end its negative interest rate policy as early as January, and keep raising short-term borrowing costs if the…
BOJ to end negative interest rates in 2024, more economists say- Reuters poll
TOKYO (Reuters) – The Bank of Japan will end its negative interest rate policy next year, according to nearly two-thirds of economists in a Reuters poll, with more now saying the central…
Prologis beats third-quarter FFO estimates, warns of “negative customer sentiment”
(Reuters) – Warehouse-focused real estate investment trust (REIT) Prologis reported better-than-expected quarterly funds from operations (FFO) per share on Tuesday on higher rental revenue but warned of demand pressures. The company said…
BOJ may hold off on ending negative rates until April – ex-board member
By Leika Kihara TOKYO (Reuters) – The Bank of Japan may hold off on ending negative interest rates until around April next year to gauge whether wage gains will broaden enough to…
BOJ will end negative interest rates in 2024, most economists say: Reuters poll
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 market has…
Moody’s cuts China property sector’s outlook to negative
(Reuters) – Moody’s on Thursday cut China’s crisis-hit property sector’s outlook to negative from stable, citing economic growth challenges the ratings agency said would dampen sales despite government support. Moody’s said it…
FBI probing MGM Resorts cyber incident as some casino systems still down
By Raphael Satter and Zeba Siddiqui NEW YORK/SAN FRANCISCO (Reuters) -The FBI said on Wednesday it was investigating a cybersecurity incident at gaming giant MGM Resorts International that kept several of the…
BOJ head Ueda signals chance of ending negative rates – Yomiuri
By Leika Kihara TOKYO (Reuters) -Bank of Japan Governor Kazuo Ueda said the central bank could end its negative interest rate policy when achievement of its 2% inflation target is in sight,…
Jill Biden tests negative for COVID – White House
WASHINGTON (Reuters) – U.S. first lady Jill Biden tested negative for COVID-19 on Thursday, the White House said. The first lady, who tested positive for COVID on Monday, experienced mild symptoms and…
Japan’s Mizuho holds off on JGBs given potential end to negative rates -senior executive
By Makiko Yamazaki and Ritsuko Shimizu TOKYO (Reuters) – Japan’s Mizuho Financial Group is holding off on buying government bonds as a sustained economic recovery may prompt the central bank to exit…
Moody’s sees negative economic consequences of Israel’s judicial upheaval
By Steven Scheer JERUSALEM (Reuters) – Moody’s Investors Service said on Tuesday that passage of a new law in Israel limiting some Supreme Court powers signalled that political tensions will continue and…
University President Resigns Over ‘Negative Press’ Following Controversial Hiring Decision
University President Resigns Over ‘Negative Press’ Following Controversial Hiring Decision Brandon Poulter on July 21, 2023 Texas A&M University’s president stepped down after making a controversial hire that pushed diversity, equity and…
China says US should act to undo negative impact of Biden’s Xi remark
WASHINGTON (Reuters) – China’s ambassador to Washington has protested remarks President Joe Biden made about Chinese leader Xi Jinping on Wednesday, and its embassy said the United States should act immediately to…
Fitch keeps its negative slant on UK credit rating
LONDON (Reuters) – Ratings agency Fitch on Friday stuck with its negative outlook for Britain’s sovereign credit rating, citing a weak economy and lingering uncertainty around Brexit trade terms with the European…
Fitch puts multiple US govt-linked securities on negative watch as debt deadline looms
(Reuters) – Ratings agency Fitch on Friday placed a raft of U.S. government-related securities on watch for a possible downgrade, as talks over the debt ceiling dragged on. Fitch said it has…
Fitch puts Fannie Mae, Freddie Mac on negative watch as US debt deadline looms
(Reuters) – Fitch has placed the ratings of U.S. mortgage finance giants Fannie Mae and Freddie Mac on watch for a possible downgrade as U.S. lawmakers’ negotiations to raise the government’s debt…
IMF sees BOJ keeping negative rates, scope for tweak to yield cap
By Leika Kihara WASHINGTON (Reuters) – The Bank of Japan is likely to maintain negative short-term interest rates until inflation durably hits 2%, but could allow long-term yields to move more flexibly…
Breaking News
