By Makiko Yamazaki TOKYO () - Japan's biggest business lobby Keidanren and trade unions kicked off annual labour talks on Wednesday that are likely to lead to another year of bumper wage hikes, though policymakers will be mainly focused on how far the momentum spreads to smaller firms. With some of the biggest firms already
By Makiko Yamazaki and Kentaro Sugiyama TOKYO () - Japan's retailers, typically among the most tight-fisted of employers, are offering big pay increases for a second year in a row, meaning squeezed profits for companies, more spending money for workers, and a green light for more central bank rate hikes. Japan's labour-intensive service sector had
Investing.com-- U.S. President Donald Trump said on Tuesday he is considering imposing 10% tariffs on Chinese imports from February 1, as he raised the possibility of increased duties on several major economies. Speaking at a White House event on his second day in office, Trump said he was considering the Chinese tariffs on concerns over
By Clare Jim, Ziyi Tang, Kane Wu HONG KONG () -After numerous measures to resolve a liquidity crisis in the property market in recent years, Beijing is expected to end up dusting off an old playbook and step in directly to stabilise a state-backed developer seen as a bellwether for the sector. With the crisis
By Sinéad Carew and Johann M Cherian () - Wall Street's main indexes rose on Tuesday, with the and the Dow closing at their highest levels in more than a month as investors assessed Donald Trump's first actions as U.S. president and were encouraged that he did not start his second term with blanket tariff
By Jamie McGeever () - A look at the day ahead in Asian markets. Day two of the second Donald Trump administration, and exchange rates are in the global market crosshairs as investors nervously try to figure out how to trade the immediate fog shrouding the U.S. president's trade policy. That Trump will impose tariffs
Canada's Consumer Price Index (CPI) in December came in at 1.8% year-over-year (yoy), lower than the expected 1.9%, and a decrease from the previous month's 1.9%. According to Bank of America, the drop was attributed in part to the GST/HST tax holiday, which began on December 14 and is set to continue until February 15.
By Michelle Nichols UNITED NATIONS () - U.S. President Donald Trump "sees great promise in the United Nations if it focuses on its founding mission of international peace and security," his nominee to be ambassador told the U.S. Senate Foreign Relations Committee on Tuesday. Elise Stefanik, a member of the House of Representatives, is expected
BERLIN () - German opposition leader Friedrich Merz, tipped to become chancellor in next month's election, said on Tuesday U.S. President Donald Trump could prove an interesting partner for Europe provided the region had a strong common negotiating position. "He is a dealmaker, so let's think about what we can offer," Merz said in a
By Abhinav Parmar () -U.S. homebuilder D.R. Horton topped analysts' estimates for first-quarter results on Tuesday, helped by incentives and favorable housing demand. Shares of the company, which rose more than 5% before the bell, pared gains and were down about 1% in afternoon trading. Arlington, Texas-based D.R. Horton has offered incentives such as mortgage