Economy

By Mike Dolan LONDON (Reuters) – The U.S. dollar’s latest surge has forced central banks around the world to lean against it, selling greenback reserves to stabilise local currencies but…

A look at the day ahead in European and global markets from Stella Qiu 2024 is almost over. Several central banks have concluded their final policy meetings of the year…

By James Oliphant WASHINGTON (Reuters) – Mike Johnson’s hold on the speakership of the U.S. House of Representatives has been tenuous almost since the day he was elected. The Louisiana…

TOKYO (Reuters) – Consumer inflation in Tokyo likely accelerated in December on higher food costs and after the government’s suspension of its gas and electricity subsidies, a Reuters poll showed…

By Leika Kihara TOKYO (Reuters) – In rare criticism of its past policies, the Bank of Japan said former governor Haruhiko Kuroda’s stimulus didn’t change consumer psychology as much as…

By Makiko Yamazaki TOKYO (Reuters) – Top Japanese finance officials said on Friday the government is “alarmed” by recent foreign exchange moves and is ready to intervene if speculative moves…

SEOUL (Reuters) – South Korea’s financial authorities said on Friday they would loosen foreign exchange regulations to improve liquidity conditions in the currency market, as the won traded at a…

By Stella Qiu SYDNEY (Reuters) – Asian shares were pinned near three-month lows on Friday as investors awaited key U.S. inflation data that could either ease or worsen concerns about…

By Rae Wee SINGAPORE (Reuters) – The dollar was set to cap the week on a strong note on Friday as it was perched near a two-year high bolstered by…