Economy

By Jan Strupczewski BRUSSELS (Reuters) – Cross border challenges are widening the gap between the output of Europeans and Americans, who have been moving ahead since the 1990s, a study…

TAIPEI (Reuters) – The head of Taiwan’s central bank said on Thursday that he doubted that U.S. President-elect Donald Trump’s new administration would penalise Taiwan given the island’s central role…

By Rae Wee SINGAPORE (Reuters) – Weak China markets dragged broader Asian shares lower on Thursday, while longer-dated U.S. bond yields rose alongside the dollar as investors assessed the monetary…

By Kevin Buckland TOKYO (Reuters) – The U.S. dollar revisited a one-year high against major peers on Thursday, as a fourth straight winning session from momentum sparked by Donald Trump’s…

Investing.com– Reserve Bank of Australia Governor Michele Bullock said on Thursday that interest rates were restrictive enough, and will remain at current levels until the central bank was confident that…

LONDON (Reuters) -Britain wants to build a slew of “megafunds” with up to 80 billion pounds ($102 billion) in fresh investment firepower, under plans for the biggest shake-up in UK…

By David Shepardson (Reuters) -New York Governor Kathy Hochul will announce on Thursday that the state plans to revive a congestion charge for driving in parts of Manhattan that she…

(Reuters) -Payments giant Visa (NYSE:V) said on Wednesday the European Commission (EC) had opened a preliminary investigation into fees charged to retailers. Reuters had exclusively reported earlier this month that…

BRASILIA (Reuters) – Brazil’s incoming central bank chief Gabriel Galipolo said on Wednesday that pursuing its 3% inflation target is non-negotiable for policymakers, but that there are various paths to…