News
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Ex-BOJ policymaker Adachi says October rate hike cannot be ruled out
Solid Q2 GDP may lead to upgrade in BOJ's growth forecastBOJ to hold off raising rates until March if it focuses on risksOct hike can't be ruled out if growth, price f'casts revised upTankan survey may sway BOJ's decision on rate-hike timingBy Leika Kihara and Takahiko Wada TOKYO,...Reuters
Wed, Sep 24
Japan’s Takaichi: Government is responsible for setting direction of fiscal, monetary policy
Japan's former Internal Affairs Minister Sanae Takaichi, a contender to be the next Prime Minister, said on Wednesday that the government is responsible to set direction of fiscal and monetary policy.Fxstreet
Wed, Sep 24
NEWSMAKER -RBNZ's new Swedish boss joins bank shaken by politics, says 'kia ora'
By Lucy Craymer WELLINGTON, Sept 24 (Reuters) - New Zealand's first foreign central bank governor in modern history takes the top job amid heightened criticism of the bank's management of the economy and as independent monetary policy around the world comes under political pressure.Anna B...Reuters
Wed, Sep 24
China says will not seek new special and differential treatment in WTO pacts
China’s Premier Li Qiang said that the country will not be seeking new special and differential treatment, a privilege granted to developing countries, in any current and future World Trade Organization (WTO) negotiations, Xinhua news agency reported Tuesday.Fxstreet
Wed, Sep 24
Japan's factory activity contracts further in September, PMI shows
TOKYO, Sept 24 (Reuters) - Japan's manufacturing sector activity fell at the fastest pace in six months in September, driven by further declines in new orders, a private sector survey showed on Wednesday.The S&P Global flash Japan Manufacturing Purchasing Managers' Index (PMI) dropped to...Reuters
Wed, Sep 24
OECD upgrades global growth forecast to 3.2% as economies surprise to the upside
The Organisation for Economic Co-operation and Development (OECD) upgraded its global economic growth forecast on Tuesday, citing that many economies have been more resilient than projected so far this year.Fxstreet
Tue, Sep 23
Ukraine’s President Zelenskiy: Trump's position has changed
Ukraine’s President Volodymyr Zelenskiy said late Tuesday that his relationship with US President Donald Trump has improved and that he was encouraged by Trump’s remarks suggesting Ukraine could fully reclaim all Russian-occupied territory.Fxstreet
Tue, Sep 23
Applicant boom drives record first-year law school classes
By Karen Sloan Sept 23 (Reuters) - The Legal Grounds coffee shop at Elon University School of Law is pumping out more cappuccinos and lattes these days to caffeinate the school’s record high number of first-year law students.Elon, located in Greensboro, North Carolina, is among seven U.S. law sch...Reuters
Tue, Sep 23
Fed hawks and doves: what US central bankers are saying
By Ann Saphir Sept 23 (Reuters) - The Federal Reserve delivered a widely expected quarter-of-a-percentage point rate cut at its September 16-17 meeting and signaled some further gradual cuts ahead to support the labor market even as inflation remains above target. Stephen Miran, the Fed Board’s n...Reuters
Tue, Sep 23
US business activity cools further, no widespread price increases
Manufacturing, services activity slows in SeptemberFirms struggle to pass costs to consumers due to soft demandBy Lucia Mutikani WASHINGTON, Sept 23 (Reuters) - U.S. business activity slowed for a second straight month in September, and though firms complained about tariffs increasing costs they ...Reuters
Tue, Sep 23
China buys Argentine soybeans after tax drop, leaving US farmers sidelined
China buys at least 10 Argentine soybean cargoes after tax dropCargoes for delivery in key period typically dominated by USMove piles pressure on US as China skips new-crop beansBy Naveen Thukral and Ella Cao SINGAPORE/BEIJING, Sept 23 (Reuters) - Chinese buyers booked at least 10 cargoes of Arge...Reuters
Tue, Sep 23
WRAPUP 1-Fed's Powell strikes middle path on inflation, jobs, as others take sides
Fed still balancing inflation, job risksPolicy well-positioned to respond to eventsNotes erosion of trust in institutionsBy Howard Schneider WASHINGTON, Sept 23 (Reuters) - U.S. Federal Reserve Chair Jerome Powell said on Tuesday the central bank needed to continue balancing the competing risks o...Reuters
Tue, Sep 23
Powell says those who accuse the Fed of playing politics are making 'a cheap shot'
Sept 23 (Reuters) - Federal Reserve Chair Jerome Powell on Tuesday hit back at the central bank’s many critics, who count among them President Donald Trump, who argue the central bank is making decisions with an eye toward politics rather than data.Speaking in Rhode Island, Powell said “many people ...Reuters
Tue, Sep 23
