News
UK business and professional services sentiment highest since August 2024, CBI says
1+ hour, 42+ min ago (409+ words) LONDON, Feb 26 (Reuters) " Sentiment in Britain's business and professional services sector became markedly less negative in the current quarter, ending more than a year of declines, but consumer-facing businesses remain downbeat, a survey showed "on Thursday. The Confederation of British…...
Japan’s services inflation steady, signals wage-driven price pressure
1+ day, 8+ hour ago (202+ words) TOKYO, Feb 25 (Reuters) " A leading indicator of Japan's services sector prices rose 2.6% in January from a "year earlier, data showed on Wednesday, "a sign rising wages from a tight labour market continued to pile inflationary pressure on the economy. The…...
Two Fed officials do not see imminent need to change monetary policy
1+ day, 12+ hour ago (283+ words) Feb 24 (Reuters) " Two Federal Reserve officials on Tuesday signaled no near-term appetite to change the setting of central bank interest rate policy. Markets expect the Fed to lower "rates again this year but officials, faced with a stabilizing "job market…...
US stock futures slip as focus turns to AI worries, Walmart earnings
6+ day, 6+ hour ago (494+ words) Feb 19 (Reuters) " U.S. stock index futures dipped slightly on Thursday, halting a three-day winning streak for the S&P 500 as investors evaluated AI-related concerns and awaited retail bellwether Walmart's quarterly results, expected to be released later in the day. Walmart's earnings,…...
‘Global euro’ may have to come with some FX lift: Mike Dolan
1+ week, 1+ day ago (898+ words) LONDON, Feb 17 (Reuters) " As American and European policymakers know well, global currency dominance and exchange rate movement are different things. But there's a decent argument that Europe's push to widen euro usage necessarily involves some revaluation of the single currency....
Russian central bank cuts key rate to 15.5%, signals more to come
1+ week, 6+ day ago (514+ words) MOSCOW, Feb 13 (Reuters) " Russia's central bank cut its key interest rate by 50 basis points to 15.5% on Friday and signalled that rates could fall further in a bid to shore up the slowing wartime economy, which is struggling with high "borrowing…...
Trump welcomes “great” jobs numbers, says US should pay less to borrow
2+ week, 6+ hour ago (68+ words) Trump welcomes "great" jobs numbers, says US should pay less to borrow'WHTC Trump welcomes "great" jobs numbers, says US should pay less to borrow WASHINGTON, Feb 11 (Reuters) " U.S. President Donald Trump "welcomed figures that showed better- than-expected job growth in January…...
US stock futures stall after tech rebound; economic data on tap
2+ week, 1+ day ago (538+ words) By Twesha Dikshit and Purvi Agarwal Feb 10 (Reuters) " U.S. stock index futures were subdued on Tuesday after a sharp rally in the previous session as tech stocks bounced off a bruising rout, while investor focus turned to retail sales numbers that…...
China’s central bank promises financial support to boost domestic demand
2+ week, 1+ day ago (233+ words) BEIJING, Feb 10 (Reuters) " China's central bank said on Tuesday it will step up financial support to boost domestic demand, "as industrial overcapacity and lacklustre consumption weigh on business confidence and dampen the outlook for growth. The economy is stable but…...
Turkey to maintain tight monetary policy and fiscal discipline, vice president says
2+ week, 4+ day 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…...