TOKYO () – Consumer inflation in Tokyo likely accelerated in December on higher food costs and after the government’s suspension of its gas and electricity subsidies, a poll showed on Friday. The expe...
By Stella Qiu SYDNEY () – Asian shares were pinned near three-month lows on Friday as investors awaited key U.S. inflation data that could either ease or worsen concerns about price pressures, while t...
By Bo Erickson, Richard Cowan, Andy Sullivan and Katharine Jackson WASHINGTON () -A spending bill backed by Donald Trump failed in the U.S. House of Representatives on Thursday as dozens of Republican...
MEXICO CITY () – The Bank of Mexico lowered its benchmark interest rate by 25 basis points to 10.00% on Thursday and signaled larger rate cuts could be considered in future meetings given progress on ...
By Lucia Mutikani WASHINGTON () -The number of Americans filing new applications for jobless benefits fell more than expected last week, almost reversing the prior two weeks’ increases and suggesting ...
() -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 per...
() – 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 additio...
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 ov...
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...
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...
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 rat...
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...
