() – Bank of England Deputy Governor Sarah Breeden said on Thursday that recent evidence supported the case to gradually cut interest rates but that it was difficult to gauge the speed of easing. “The...
By Michael S. Derby NEW YORK () -Philadelphia Federal Reserve President Patrick Harker said on Thursday he still expects the U.S. central bank to cut interest rates, but added that any sort of imminen...
WASHINGTON () – Elon Musk, who U.S. President-elect Donald Trump has tapped to oversee a government cost-cutting effort, acknowledged that his declared goal of cutting $2 trillion in spending from the...
By Supantha Mukherjee and Philip Blenkinsop STOCKHOLM () – Elon Musk’s expected hosting of Alice Weidel, leader of the far-right Alternative for Germany (AfD) party, for a discussion on his X platform...
() – Mexico’s headline inflation rate eased more than expected in December, fueling bets that the central bank will keep cutting its benchmark interest rate despite an uptick in the core consumer pric...
By Gabriel Burin BUENOS AIRES () – Brazil’s real currency is forecast to trade slightly stronger, at around 6 per U.S. dollar at the end of 2025 following a punishing year of losses, a poll of foreign...
LONDON () – British businesses expect to raise prices and reduce headcount in response to an increase in employers’ social security contributions that will take effect in April, a Bank of England surv...
By Leika Kihara TOKYO () – Wage hikes are broadening in Japan as structural labour shortages have made firms more aware of the need to keep hiking pay, the central bank said, suggesting that condition...
By Mike Dolan LONDON () – Extreme bond market agitation has put the Federal Reserve in a bind. It can either cool long-term inflation fears or acquiesce to President-elect Donald Trump’s complaints ab...
By Hyunjoo Jin and Joyce Lee SEOUL () -South Korea’s Hyundai Motor (OTC:) Group said on Thursday it planned to boost domestic investment by 19% to a record high of 24.3 trillion won ($16.65 billion) t...
() – Foreign investors net sold Japanese stocks in the week ended Jan. 4, taking advantage of 2024 gains while aiming to reduce risks amid an unusually long market closure. Foreigners sold a net 74 bi...
BEIJING () -China’s consumer prices barely rose in 2024 while factory-gate prices extended into a second straight year of declines, official data showed on Thursday, weighed by persistently weak domes...
