() -The U.S. Department of Commerce has recently asked Nvidia (NASDAQ:) to look into how the company's products ended up in China over the past year, the Information reported on Thursday, citing a person close to the department. The chip giant has asked big distributors such as Super Micro Computer (NASDAQ:) and Dell Technologies (NYSE:)

() - The Federal Reserve Bank of New York on Thursday said it will add an extra operation of its standing repo facility in the days covering the end of the calendar year into early January. In addition to its daily SRF (NS:) operation occurring between 1:30 p.m. and 1:45 p.m., the New York Fed

By David Milliken and Suban Abdulla LONDON () -Bank of England policymakers voted 6-3 to keep interest rates on hold on Thursday, a bigger split than economists had predicted as officials disagreed over how to respond to a slowing economy that remains beset by inflation pressures. Deputy Governor Dave Ramsden and the newest Monetary Policy

WASHINGTON () - The U.S. economy grew faster than previously estimated in the third quarter, driven by robust consumer spending. Gross domestic product increased at an upwardly revised 3.1% annualized rate, the Commerce Department's Bureau of Economic Analysis said in its third estimate of third-quarter GDP on Thursday. The economy was previously reported to have

MOSCOW () - Following are some of the key quotes from Russian President Vladimir Putin's annual phone-in and press conference. ON HIS 25 YEARS IN POWER Yes, I think that I did more than just safeguard (Russia). I think that we have moved back from the edge of the abyss, because everything that happened to

By Dan Burns and Howard Schneider WASHINGTON () -The world's economic reckoning with the incoming Trump administration kicked off in earnest this week, with the U.S. Federal Reserve flagging fewer rate cuts and other leading central banks signaling caution over future rate decisions. The Fed cut rates as expected on Wednesday amid a busy year-end

By Simon Johnson STOCKHOLM () -Sweden's central bank cut its key interest rate by quarter of a percentage point to 2.50% as expected on Thursday, but said that after easing policy five times this year, it saw reasons to be more cautious as it enters 2025. The Swedish economy has been treading water for the

MOSCOW () - Following are some of the key quotes from Russian President Vladimir Putin's annual phone-in and news conference. ON RUSSIA'S NEW ORESHNIK HYPERSONIC MISSILE There is no chance of shooting down these missiles... Let Western experts propose to us, and let them propose to those in the West and the U.S. who pay

By Liang-sa Loh and Yimou Lee TAIPEI () -Taiwan's central bank on Thursday raised this year's growth forecast for the tech powerhouse island but flagged risks for next year centred on the trade policies of the incoming Trump administration in the United States. Taiwan's economy has benefited from the crucial role homegrown companies like chipmaker

OSLO () - Norway's central bank held its policy interest rate unchanged at a 16-year high of 4.50% on Thursday, as unanimously expected by analysts in a poll, and said it plans to start cutting borrowing costs in March next year. "The committee judges that a restrictive monetary policy is still needed to stabilise inflation