Japanese junior coalition party calls for debate on income tax cuts
By Takaya Yamaguchi TOKYO (Reuters) - The head of the tax panel for the Japanese political party Komeito, a junior...
Economy
Some holiday shoppers are buying for themselves instead of gift-giving
Retailers could see some consumers make purchases for themselves that they won’t use for gift-giving while participating in two popular...
IMF upgrades China’s 2023, 2024 GDP growth forecasts
By Joe Cash and Ryan Woo BEIJING (Reuters) -China's economy is set to grow 5.4% this year, having made a...
Musk to integrate xAI with social media platform X
(Reuters) -Elon Musk's artificial intelligence startup xAI will be integrated into his social media platform X and also be available...
IMF boosts China economic growth forecast
The International Monetary Fund on Tuesday upgraded its view of China’s economy, citing a better-than-forecast performance as well as moves...
South African Reserve Bank holds steady on interest rates amid inflation concerns
South African Reserve Bank (SARB) Governor Lesetja Kganyago has reaffirmed the bank's commitment to decisive action in preserving price stability...
US job growth slows in October, impacts Bitcoin and other risk assets
The US economy added 150,000 jobs in October, falling short of market expectations, according to the Nonfarm Payrolls (NFP) report...
Bank of England addresses tech-induced bank run risks and financial system stability
In a recent speech at King's College London, Andrew Hauser of the Bank of England (BoE) highlighted three major challenges...
US Treasuries basis trades seen as less profitable as funding costs rise
By Davide Barbuscia NEW YORK (Reuters) - A hedge fund arbitrage trading strategy that likely exacerbated a crash in the...
The Fed wanted the bond market’s help in fighting inflation. Is it backfiring?
“‘ With financial conditions, we’re looking for persistent changes that are material … Longer-term rates that have moved up, they...
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