News
Dollar soft ahead of US data, yen holds onto its gains after election
2+ hour, 44+ min ago (570+ words) By Ankur Banerjee and Jiaxing Li SINGAPORE, Feb 10 (Reuters) " The U.S. dollar nursed steep losses on Tuesday ahead of a slate of economic data that will shape the interest rate path, while the yen held on to its gains in the…...
Asia stocks rise as Nikkei sets fresh record, dollar drops
2+ hour, 46+ min ago (447+ words) SINGAPORE, Feb 10 (Reuters) " Asian stocks advanced for a second day in early trading on Tuesday, led by an extended rally in Tokyo's benchmark after Japanese Prime Minister Sanae Takaichi's decisive election victory over the weekend. MSCI's broadest index of "Asia-Pacific…...
Australia business activity slows slightly in January, costs pressures ease
3+ hour, 45+ min ago (248+ words) SYDNEY, Feb 10 (Reuters) " A measure of Australian business conditions dipped slightly in January as sales and profits slowed a little, a "survey showed on Tuesday, while cost pressures were the lowest since 2021 in a hopeful sign for future inflation. The…...
Singapore’s economy grows 6.9% y/y in Q4 2025, higher than advance estimate
4+ hour, 16+ min ago (214+ words) SINGAPORE, Feb 10 (Reuters) " Singapore's economy grew 6.9% in the fourth quarter of 2025 from a year earlier, "government data showed on Tuesday, higher than an official advance estimate of 5.7%. On a quarter-on-quarter, seasonally adjusted basis, gross domestic product expanded 2.1% in the October-December…...
Fed’s Miran says data suggests Americans aren’t shouldering tariff hit
5+ hour, 52+ min ago (469+ words) The comments "by Miran, who was appointed by President Donald Trump last year to fill an unexpected vacancy on the Fed's Board of Governors, appeared to contradict data showing that Americans bear the burden of paying for tariffs. "I think…...
Fed’s Miran says weaker dollar not affecting monetary policy choices
8+ hour ago (138+ words) Feb 9 (Reuters) - Federal Reserve Governor Stephen Miran said "Monday a weaker dollar isn't much of an issue for the "central bank "right now. The kind of decline seen in the dollar "doesn't matter that much "for consumer inflation" and "only…...
White House adviser Hassett expects smaller jobs numbers
10+ hour, 54+ min ago (195+ words) WASHINGTON, Feb 9 (Reuters) " White House economic adviser Kevin Hassett said on Monday that Americans could see "smaller job growth numbers in the coming months due to lower population figures and higher productivity. The combination of strong GDP growth and a…...
Euro zone inflation to stabilise at ECB target, Lagarde says
11+ hour, 4+ min ago (123+ words) FRANKFURT, Feb 9 (Reuters) - Euro zone inflation is "expected to stabilise at the European Central Bank's 2% "target after dipping "below it this year, but the environment remains uncertain, ECB "President Christine Lagarde said "on "Monday. "Our updat... FRANKFURT, Feb 9 (Reuters) " Euro…...
Japan markets set for renewed ‘Takaichi trade’ after landslide election win
1+ day, 14+ hour 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
2+ day, 14+ 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…...