Yen wobbles, vulnerable to political reverberations
By Rae Wee SINGAPORE (Reuters) – The yen languished near a three-month trough on Friday and was headed for a fourth straight weekly loss, ahead of an election in Japan…
Economy
1720 posts
China central bank conducts medium-term loan operation, with rate unchanged
SHANGHAI (Reuters) – China’s central bank conducted a medium-term loan operation on Friday while keeping the interest rate unchanged. The People’s Bank of China (PBOC) issued 700 billion yuan ($98.36…
Japan, US finance chiefs discussed FX moves in bilateral meeting, official says
By Leika Kihara WASHINGTON (Reuters) -Japanese Finance Minister Katsunobu Kato and U.S. Treasury Secretary Janet Yellen discussed recent exchange-rate moves, among other topics, in a bilateral meeting held on Thursday,…
South Korea Finance Minister sees downside risk to GDP forecast of 2.6%, Yonhap reports
SEOUL (Reuters) – South Korea’s finance minister said the downside risk to the government’s forecast of 2.6% for this year’s economic growth had expanded, the Yonhap news agency reported on…
Japan’s SMEs could be election losers as parties vow wage hikes
By Tetsushi Kajimoto TOKYO (Reuters) -Japan’s political parties are promising to raise the minimum wage, a step that may win votes in Sunday’s general election but could squeeze the small…
G20 ministers agree world trade to foster sustainable development, enhance women’s role
BRASILIA (Reuters) – Ministers from the G20 group of largest economies agreed on Thursday that international trade and investments should foster sustainable development and enhance the participation of women in…
Equities good place to be even if Trump 2.0 inflation fears are realized: JPMorgan
Investing.com — Former President Donald Trump has been closing the gap on the rival Kamala Harris for the White House, boosting the odds of a “Republican sweep,” but as concerns…
Morning Bid: Markets becalmed, eyes on Japan
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. A day of general calm across world markets on Thursday that saw the dollar and U.S.…
Consumer lender Capital One’s Q3 profit rises as high interest rates boost income
(Reuters) – Capital One reported a 1.6% increase in third-quarter profit on Thursday, as elevated interest rates enabled the consumer lender to earn more from customers repaying credit card debt.…
Canada to cut immigration to ease housing, social services strain
By Anna Mehler Paperny TORONTO (Reuters) – Canada went too far in its response to a labor shortage following the pandemic, Prime Minister Justin Trudeau said on Thursday as his…