News
Japan’s real wages down every month in 2025
3+ hour, 12+ min ago (86+ words) Japan's real wages down every month in 2025WKZO Japan's real wages down every month in 2025 TOKYO, Feb 9 (Reuters) " Japan's real wages shrank in December for a 12th consecutive month, as nominal pay growth slightly "undershot slowing consumer inflation, labour ministry data showed…...
Japan markets set for renewed ‘Takaichi trade’ after landslide election win
11+ hour, 49+ min ago (652+ words) TOKYO, Feb 8 (Reuters) " Japan's volatile financial markets must now contend with Prime Minister Sanae Takaichi firmly in the driver's seat after her decisive victory on Sunday, which hands her an electoral mandate to reflate the economy. The question for investors…...
Turkey to maintain tight monetary policy and fiscal discipline, vice president says
1+ day, 13+ hour ago (294+ words) ANKARA, Feb 7 (Reuters) " Turkey will maintain its tight monetary policy and keep fiscal discipline in order to further lower inflation, Vice President Cevdet Yilmaz "said on Saturday. Turkish consumer price inflation leapt to a higher-than-expected 4.84% month-on-month in January, official data…...
Trump signs proclamation increasing Argentine beef imports
2+ day, 5+ hour ago (339+ words) Feb 6 (Reuters) " U.S. President Donald Trump on Friday signed a proclamation to hike the country's low-tariff imports of Argentine beef, though economists have said the attempt "to lower costs for American consumers will likely have little impact on prices. A White…...
Ripple effects of software rout felt through asset managers
2+ day, 5+ hour ago (575+ words) By Medha Singh, Naomi Rovnick and Isla Binnie Feb 6 (Reuters) " Asset managers and private equity firms found themselves at the sharp end of the AI'driven shock hitting the software sector as investors fretted over exposure to loans and leverage tied…...
Fed’s Daly says US economic outlook feels ‘precarious’
2+ day, 10+ hour ago (354+ words) Feb 6 (Reuters) " San Francisco Federal Reserve Bank President Mary Daly said on Friday she feels the U.S. economy is in a "precarious" position. While businesses are largely cautiously optimistic, she said, households are less confident, given that businesses so far hesitant…...
Canada’s Ivey PMI shows activity decelerating in January
2+ day, 11+ hour ago (122+ words) TORONTO, Feb 6 (Reuters) " Canadian economic activity expanded at a slower "pace in January as a measure of employment dipped, Ivey Purchasing Managers Index (PMI) data showed "on Friday. The seasonally "adjusted index edged down to 50.9 last month from 51.9 in December....
Bank of England needs to look beyond upcoming dip in inflation, Pill says
2+ day, 11+ hour ago (398+ words) LONDON, Feb 6 (Reuters) " Bank of England Chief Economist Huw Pill said on Friday that the central bank should not be too reassured by the likely return of inflation to "near its 2% target in the second quarter of this year as…...
ECB policymakers fret over risk of too-low inflation
2+ day, 17+ hour ago (558+ words) FRANKFURT, Feb 6 (Reuters) " European Central Bank policy is right for the current inflation outlook but risks remain that price growth might weaken excessively and the ECB must be ready to act if these materialise, ECB policymakers said on Friday. The…...
ECB’s Escriva sees interest rates stable
2+ day, 19+ hour ago (136+ words) ECB's Escriva sees interest rates stable'WKZO ECB's Escriva sees interest rates stable MADRID, Feb 6 (Reuters) " ECB policymaker Jose Luis Escriva told Spanish "radio station Cadena SER he expected interest rates to remain steady in the foreseeable future as inflation expectations…...