Surging jobs, wages, keep Fed base case of quarter point cuts on track
A surge in U.S. job growth has financial markets betting the Federal Reserve will follow last month’s half-point interest rate…
US job growth blows past expectations, unemployment rate falls to 4.1%
U.S. job gains increased by the most in six months in September and the unemployment rate fell to 4.1%, pointing…
ECB’s chief supervisor presses for cross-border mergers
The European Central Bank’s chief supervisor pressed her case for cross-border bank mergers on Friday as Italy’s UniCredit CRDI.MI considered…
India September services growth hits 10-month low, PMI shows
Growth in India’s dominant services sector remained robust but slackened to a 10-month low in September as demand slowed, a…
Finance firms more worried about global economy, BoE survey finds
Worries about risks to the UK financial system posed by a global economic downturn have risen sharply to their highest…
Singapore charges property billionaire linked to jailed minister’s case, local media reports
A Singapore court charged a top property billionaire on Friday with obstructing justice and abetting offences by a disgraced ex-transport…
Japan PM Ishiba tells cabinet to compile stimulus package
Japanese Prime Minister Shigeru Ishiba formally instructed his ministers on Friday to compile a fresh economic package to cushion the…
Timing of BOJ’s policy change must align with Japan’s broader goal, economy minister says
Japan’s new economy minister, Ryosei Akazawa, said on Friday that the timing of changes in the Bank of Japan’s monetary…
BOJ faces fresh challenge as politics, yen complicate rate hikes
Bank of Japan Governor Kazuo Ueda’s efforts to lift rock-bottom borrowing costs face fresh challenges as a yen rebound and…
ECB’s Centeno warns of worrying first signs of cooling labour market
The European labour market is starting to cool, which is worrying as it could lead to below-par investment and growth,…