Slower Philippine inflation in September gives room for rate cuts
By Karen Lema and Mikhail Flores MANILA (Reuters) – Philippine annual inflation accelerated at its slowest rate in more than four years in September due to a slower rise in…
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Take Five: Rate cuts and politics, say no more
(Reuters) – It’s a packed week ahead with U.S. inflation data, the start of Q3 earnings, a French budget and possibly a big rate cut from New Zealand. Investors are…
Philippine inflation to settle around 3.2% in 2024, finance minister says
MANILA (Reuters) – The Philippines’ inflation rate could settle around 3.2% this year, its finance minister said on Friday, giving room for the central bank to further cut rates. “This…
Analysis-BOJ faces fresh challenge as politics, yen complicate rate hikes
By Leika Kihara TOKYO (Reuters) – Bank of Japan Governor Kazuo Ueda’s efforts to lift rock-bottom borrowing costs face fresh challenges as a yen rebound and the new political leadership’s…
India September services growth hits 10-month low, PMI shows
By Shaloo Shrivastava BENGALURU (Reuters) – Growth in India’s dominant services sector remained robust but slackened to a 10-month low in September as demand slowed, a business survey showed on…
Seven & i to start sale of majority stake in supermarkets by year-end, Nikkei says
TOKYO (Reuters) -Japan’s Seven & i Holdings plans to seek buyers for a majority stake in its supermarket businesses, including its flagship Ito-Yokado, with the process to begin as early…
Column-Central banks set for ‘forceful’ hyperactivity?: Mike Dolan
By Mike Dolan LONDON (Reuters) – Sudden ebbs and flows of inflation without equivalent hits to economic output may be a feature of a post-pandemic world of fragile supply chains…
Inside Macron’s pitch meeting with Wall Street as budget woes mount
By Nupur Anand and Michel Rose NEW YORK/PARIS (Reuters) – French President Emmanuel Macron has given top U.S. financiers a candid assessment of his country’s financial woes, flagging the potential…
US expected to report moderate September job growth
By Lucia Mutikani WASHINGTON (Reuters) – The U.S. economy likely maintained a moderate pace of job growth in September while the unemployment rate is expected to have held steady at…
Morning Bid: Middle East tensions drive oil prices
A look at the day ahead in European and global markets from Rae Wee Oil prices are headed for their largest weekly rise in over a year on Friday, spurred…