US holiday sales to grow at slowest pace since 2018, report says
(Reuters) – U.S. holiday sales are expected to grow at their slowest pace in six years, data from Deloitte showed on Thursday as persistent inflation and dried up savings turn…
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Factbox-Who’s vying to be Japan’s next prime minister?
By Tim Kelly TOKYO (Reuters) – Japan’s ruling Liberal Democratic Party on Thursday unveiled the nine candidates who will run in a Sept. 27 leadership election to replace Prime Minister…
Hawkish BOJ policymaker calls for rates to rise to at least 1%
By Leika Kihara OKAYAMA, Japan (Reuters) -The Bank of Japan must raise interest rates to at least 1% by late next year, hawkish policymaker Naoki Tamura said on Thursday, reinforcing…
Dollar firm after inflation data douse bets for big Fed cut
By Kevin Buckland TOKYO (Reuters) – The dollar traded near a four-week high versus the euro on Thursday after signs of some stickiness in U.S. inflation reinforced expectations that the…
Asian shares up on Wall St tech boost, dollar extends gains on yen
By Stella Qiu SYDNEY (Reuters) – Asian shares bounced on Thursday, tracking a tech-driven rally on Wall Street, while the dollar held onto gains after U.S. core inflation surprised slightly…
Bank of England to hold Bank Rate this month but cut in Nov, economists say: Reuters poll
By Shaloo Shrivastava BENGALURU (Reuters) – The Bank of England will keep its main interest rate at 5.00% next week but reduce it in November even though inflation is expected…
UK pay settlements lowest in nearly two years, IDR survey shows
By Suban Abdulla LONDON (Reuters) – Pay awards granted by British employers fell during the three months to July, according to a survey that chimed with an official gauge of…
UK housing market recovered further in August, RICS survey shows
LONDON (Reuters) – British property surveyors expect sales to continue to grow in the coming months after a gauge of house prices turned positive for the first time in nearly…
ECB to cut interest rates as growth dwindles, outlook unclear
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) – The European Central Bank is almost certain to cut interest rates again on Thursday, but with inflation risks still simmering despite…
Morning Bid: Strong open eyed after US inflation see-saw
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. The see-saw nature of U.S. market reactions to the latest U.S. inflation figures on Wednesday highlighted…