Explainer-How far could the Bank of Japan raise interest rates?
By Leika Kihara TOKYO (Reuters) – The Bank of Japan is laying the groundwork to raise interest rates again, but has left markets guessing how soon and at what pace…
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Dollar sags to one-week low after safety bid, ‘Trump trade’ momentum wanes
By Kevin Buckland TOKYO (Reuters) – The U.S. dollar slipped to a one-week low versus major peers on Wednesday, looking to extend a three-day decline from a one-week peak as…
Gender pay gap narrows marginally in Australia, government report shows
By Renju Jose SYDNEY (Reuters) – The gender pay gap in Australia has narrowed marginally though women employees on average still earned A$28,425 ($18,590) less each year than their male…
China leaves loan prime rate unchanged amid stimulus, tariff watch
Investing.com– The People’s Bank of China left its benchmark loan prime rate unchanged on Wednesday, with Beijing seeking more clarity on U.S. politics before unlocking more support for the economy. …
China leaves lending benchmark LPRs unchanged, as expected
SHANGHAI (Reuters) -China left benchmark lending rates unchanged at the monthly fixing on Wednesday, after lenders slashed the rates by higher-than-expected margins last month to revive economic activity. WHY IT’S…
Japan’s exports expand in Oct; potential Trump tariffs dim outlook
By Makiko Yamazaki TOKYO (Reuters) – Japan’s exports rebounded in October, led by a pickup in chip equipment demand in China, data showed on Wednesday, suggesting that solid global demand…
Alibaba prices $5 billion dual currency bond deal
(Reuters) – Alibaba (NYSE:BABA), China’s biggest e-commerce company, said on Wednesday it has priced both its US-dollar-denominated and yuan-denominated bonds as part of the $5 billion it had aimed to…
Nearly 1 million UK workers are uncounted, think tank says
By William Schomberg LONDON (Reuters) – Britain’s official labour market statistics may be failing to count almost 1 million people who are in work, complicating the Bank of England’s task…
Pfizer cannot recoup $75 million from SEC insider trading settlement, judge rules
By Jonathan Stempel NEW YORK (Reuters) -A federal judge on Tuesday rejected Pfizer (NYSE:PFE)’s bid to recoup about $75.2 million left over from a U.S. Securities and Exchange Commission insider…
Australia statistician overstated child care costs, but no impact on CPI
SYDNEY (Reuters) – Australia’s official statistician has been overestimating the cost of child care in its consumer price index for the past year, but the error will not result in…