Economy

LONDON (Reuters) – The Bank of England’s most recently appointed interest rate-setter Alan Taylor said the central bank’s gradual approach to cutting borrowing costs was in line with recent market…

By Kitiphong Thaichareon and Orathai Sriring BANGKOK (Reuters) – The second phase of Thailand’s “digital wallet” handout scheme will be launched in January and distribute 40 billion baht ($1.16 billion)…

By John Revill BERN (Reuters) – Switzerland has raised concerns about plans by incoming U.S. President Donald Trump to hike tariffs and is considering how to respond should his new…

Investing.com — The Federal Reserve will likely implement a 25 basis point (bp) rate cut in December, but the decision remains a “close call,” Deutsche Bank (ETR:DBKGn) strategists said, citing…

By Nell Mackenzie LONDON (Reuters) – More UK fund managers say they’ve paid higher costs in 2024 to protect their investment portfolios against fluctuations in currency markets, according to survey…

Investing.com — Wall Street is seen slipping slightly at the open Tuesday ahead of key earnings from retail giant Walmart. Goldman Sachs looks for future equity gains, while Trump Media…

SHANGHAI (Reuters) – China is widely expected to leave its benchmark lending rates unchanged on Wednesday, a Reuters poll showed, as rate cuts a month earlier squeeze banks’ profitability and…

By Siddarth S (Reuters) – Goldman Sachs has forecast the S&P 500 index would reach 6,500 by the end of 2025, joining peer Morgan Stanley (NYSE:MS), on the back of…

By Liangping Gao and Joe Cash BEIJING (Reuters) – Beijing and Shanghai have announced tax breaks to spur home purchases as distress in the property sector continues to drag on…