Trump says US tariffs on China cut by 10% immediately
US President Donald Trump said Oct. 30 that he has cut the 20% fentanyl-related tariffs on China by 10%, effective…
US delay on China export restriction could defang it, former US officials say
Washington’s decision to delay a rule on export restrictions for Chinese companies, announced by China after Thursday’s summit meeting with…
BOJ locks in near-term rate hike, yen may sway timing
The Bank of Japan’s cautious governor has dropped unusually hawkish hints of an interest rate hike in December or January…
Wall Street has misgivings about Mamdani as mayor, but prepares for collaboration
Wall Street and the finance industry have broad misgivings about the prospect of frontrunner Zohran Mamdani becoming New York City’s…
ECB should keep “full optionality” at upcoming meetings: Villeroy
The European Central Bank must keep its options open for interest rate moves at upcoming meetings to react to risks,…
Euro zone inflation eases a touch in October but core steady
Euro zone inflation slowed a touch in October and continued to hover near the European Central Bank’s 2% target, confirming…
Strong Japanese industrial output and accelerating inflation raise chances of December rate hike
Tokyo CPI inflation beat expectations in October Tokyo CPI inflation increased 2.8% year-on-year in October (vs 2.5% in September, 2.4%…
Fed hawks blast rate cut, say US inflation is too high
Two regional Federal Reserve bank presidents on Friday aired their disagreement with the U.S. central bank’s decision to cut interest…
China’s manufacturing PMI shows steeper-than-expected downturn
Manufacturing PMI fell by more than expected China’s official manufacturing purchasing managers’ index slowed to 49.0, down from 49.8. This…
China non-manufacturing activity expands in September, PMI shows
China’s non-manufacturing activity returned to expansion in October, an official survey showed on Friday. The non-manufacturing purchasing managers’ index (PMI),…