Chinese policymakers discuss proposal to delay retirement age
By Farah Master HONG KONG (Reuters) – China’s policymakers this week assessed an official plan to delay the country’s retirement age, among the world’s lowest, marking a key step to…
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BOJ policymaker signals readiness to raise rates if inflation on track
By Leika Kihara TOKYO (Reuters) -The Bank of Japan will continue to raise interest rates if inflation moves in line with its forecast, policymaker Junko Nakagawa said on Wednesday, signaling…
Asian stocks shaky ahead of US presidential debate; oil at 3-year lows
By Ankur Banerjee SINGAPORE (Reuters) – Asian stocks wobbled on Wednesday as investors gear up for U.S. inflation data and an eagerly awaited U.S. presidential debate, while oil prices loitered…
Australia’s tight labour market set to ease, central bank says
SYDNEY (Reuters) – Australia’s central bank said on Wednesday that the labour market remained tight but was moving towards balance as high interest rates work to slow demand in what…
Yen eyes 5-week high as focus turns to US presidential debate, inflation
By Kevin Buckland TOKYO (Reuters) – The yen hovered near a five-week peak and the dollar hung close to a three-week top versus the euro on Wednesday, as traders waited…
US Treasury says Yellen tests positive for COVID, working from home
(Reuters) – U.S. Treasury Secretary Janet Yellen tested positive for COVID-19 on Tuesday after experiencing symptoms, but is engaged in her duties while working from home, Treasury spokesperson Lily Adams…
Morning Bid: Disinflation dynamics deepen
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. The slide in oil and commodity prices is garnering more attention as investors await Wednesday’s U.S.…
Employee of French drugmaker Ipsen to plead guilty to US insider trading
By Nate Raymond BOSTON (Reuters) -An employee of French drugmaker Ipsen has agreed to plead guilty to illegally making more than $262,000 by trading on inside information he learned about…
Volkswagen scraps decades-old job guarantees, paving way for lay-offs
By Victoria Waldersee FRANKFURT (Reuters) -Volkswagen said on Tuesday it was scrapping a range of labour agreements including a guarantee of jobs until 2029 at six German plants, raising the…
Fed’s upcoming projections to signal deeper cuts than previously expected: Citi
Investing.com — The Fed’s updated projections are likely to show that policymakers warming up to cutting rates deeper than previously expected to shore up the economy, Citi analysts said in a recent note,…