Yen nurses losses as BOJ meets, dollar dogged by rate outlook
By Wayne Cole SYDNEY (Reuters) – The yen remained under pressure on Friday as investors wagered the Bank of Japan (BOJ) would wrap up a policy meeting sounding cautious on…
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Trump says Fed’s rate cut was ‘political move’
WASHINGTON (Reuters) – Republican presidential candidate Donald Trump said on Thursday the U.S. Federal Reserve’s decision to cut interest rates by half of a percentage point was “a political move.”…
As sales of Japan temples and shrines surge, a crackdown on bad-faith buyers
By Mariko Katsumura SANBAGAWA, Japan (Reuters) – Benmou Suzuki’s dilapidated 420-year-old temple, located deep in the forest near a tiny Japanese mountain village, hardly looks like prized real estate. Yet…
RBA to keep rates steady on Sept. 24, cut in Q1 2025: Reuters poll
By Veronica Dudei Maia Khongwir BENGALURU (Reuters) – Australia’s central bank will keep its key policy interest rate unchanged on Tuesday and for the rest of the year amid elevated…
Morning Bid: Central bank baton passes to Japan, China
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. A bumper week of central bank meetings that included the U.S. Federal Reserve on Wednesday and…
Nike’s tumultuous years under outgoing CEO Donahoe
(Reuters) – Sportswear giant Nike (NYSE:NKE) on Thursday named former senior executive Elliott Hill to succeed John Donahoe as its president and CEO, effective Oct. 14. The company has lost…
Analysis-Global investors brace for turmoil as big Fed cut sows confusion
By Naomi Rovnick and Yoruk Bahceli LONDON (Reuters) – Big global investors are on alert for wild market swings after a jumbo U.S. rate cut sparked confusion over whether the…
Airline executive Farhad Azima settles with law firm Dechert over hacking claim
By Raphael Satter WASHINGTON (Reuters) – Missouri-based airline executive Farhad Azima said on Thursday he had settled with the law firm Dechert and two of its former senior attorneys over…
M&G sees value in long-dated government bonds, non-US equities
MUMBAI (Reuters) – M&G Investments sees attractive valuations in some longer-duration government bonds and non-U.S. equities, a multi-asset fund manager at the London-based firm said on Thursday. A day after…
BOJ to keep policy steady, signal more rate hikes to come
By Leika Kihara TOKYO (Reuters) – The Bank of Japan is set to keep monetary policy steady on Friday, but signal its confidence that solid wage growth and consumption will…