1+ hour, 41+ min ago   (426+ words) SYDNEY, Aug 20 (Reuters) – Australian employment unexpectedly fell in July and the jobless rate hit its highest point since late 2021, data showed on Thursday, adding to signs of a cooling labour market and easing pressure for ​another interest rate hike. The…...

9+ hour, 56+ min ago   (402+ words) WASHINGTON, Aug 19 (Reuters) – Concern about inflation deepened at the Federal Reserve’s meeting last month, with “several” policymakers ready to raise interest rates and “many” saying a hike in borrowing costs would be needed if inflation does not decline to the…...

13+ hour, 26+ min ago   (218+ words) BEIJING, Aug 19 (Reuters) – Jiangsu Hengrui Pharmaceuticals, China’s biggest drugmaker by market value, reported a 0.34% rise in first-half net ​profit on Wednesday, as its generics ‌business remained under pressure from bulk-procurement programs designed to lower healthcare costs. Hengrui said revenue in…...

13+ hour, 56+ min ago   (498+ words) Aug 19 (Reuters) – Robust U.S. productivity levels appear to have blunted the full inflationary impact of President Donald Trump’s large-scale trade tariffs, new research from the Federal Reserve Bank of Boston said. “Industries in which tariffs induced higher costs in 2025 also…...

20+ hour, 51+ min ago   (656+ words) By Qiaoyi Li and Kevin Krolicki BEIJING, Aug 19 (Reuters) – The robotics division of China’s largest auto exporter Chery Automobile is gearing up for an IPO to fund future growth and investments, its chief said on Wednesday, as competition intensifies in…...

1+ day, 12+ hour ago   (474+ words) BENGALURU, Aug 18 – The Bank of England will leave interest rates unchanged at 3.75% for the rest of the year, according to a strong majority of economists polled by Reuters, clinging to a view they’ve held since the U.S.-Israeli war…...

1+ day, 1+ hour ago   (124+ words) KELO-AM RBA’s Hauser warns of rate hike if inflation risks crystallize SYDNEY, Aug 19 (Reuters) – Australia’s central bank will have to ​raise interest rates again if upside risks to inflation crystallize, a top official said ​on Wednesday, ⁠adding that inflation ⁠in…...

1+ day, 11+ hour ago   (369+ words) WASHINGTON, Aug 18 (Reuters) – U.S. yields backed off earlier highs on Tuesday after two straight upward trading sessions, switching directions amid a global bond selloff that saw long-term borrowing costs in ​major economies edge toward their highest levels in decades. The…...

1+ day, 19+ hour ago   (795+ words) By Dhara Ranasinghe, Gregor Stuart Hunter and Samuel Indyk LONDON, Aug 18 (Reuters) – Long-term borrowing costs from the United States to Japan and Germany hit their highest levels in decades on Tuesday, as renewed inflation worries added to nagging concerns about…...

2+ day, 3+ hour ago   (270+ words) SYDNEY, Aug 18 (Reuters) – A measure of Australian consumer sentiment brightened for a second month in August as mortgage holders became less concerned about ​the risk of further increases in interest rates, ‌a survey showed on Tuesday. A Westpac-Melbourne Institute survey…...