News
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US Supreme Court to hear Trump's tariffs case on November 5
Sept 18 (Reuters) - The U.S. Supreme Court on Thursday set the date for the oral arguments it will hear concerning the legality of Donald Trump's sweeping global tariffs for November 5 in a major test of one of the Republican president's boldest assertions of executive power that has been ce...Reuters
Thu, Sep 18
Euro zone yields edge up after Fed, BoE decisions, Italy-France spread below zero
Sept 18 (Reuters) - Italy's bond yield fell below France's for the first time on Thursday, while euro area borrowing costs edged up, having offered little reaction to the Federal Reserve's decision to leave its interest rate outlook largely unchanged.The U.S. central bank's decision ...Reuters
Thu, Sep 18
TREASURIES-US yields climb after data as Fed rate path gauged
Initial jobless claims stronger than expected, boosting yieldsPhilly Fed data rebounds from prior monthMarkets largely pricing in 25 basis point cut at Fed's October meetingBy Chuck Mikolajczak NEW YORK, Sept 18 (Reuters) - U.S. Treasury yields were higher on Thursday, after a gauge of the la...Reuters
Thu, Sep 18
Germany approves 2025 budget, ushering in new era of spending
116 billion euros in investments plannedBudget marks 'paradigm shift', minister saysCost-saving debates loom for 2026, 2027By Holger Hansen BERLIN, Sept 18 (Reuters) - Germany's parliament approved on Thursday the nation's first annual budget since sweeping reforms to loosen fisca...Reuters
Thu, Sep 18
Putin says tax on luxury is reasonable, urges caution
MOSCOW, Sept 18 (Reuters) - Russian President Vladimir Putin said on Thursday that introducing a tax on luxury could be a reasonable step, but cautioned against going too far with the idea.Sources told Reuters the government is weighing a possible increase in value-added tax (VAT) to keep the budget...Reuters
Thu, Sep 18
Putin says Russia is curbing economic growth to control inflation, recession 'far away'
MOSCOW, Sept 18 (Reuters) - President Vladimir Putin said on Thursday that Russia is deliberately slowing its economic growth in order to suppress inflation and that the world's second largest oil exporter was far away from a recession. "It is a deliberate action. It is a slowdown in growth ...Reuters
Thu, Sep 18
Top brokerages eye consecutive Fed rate cuts after policy meeting
September 18 (Reuters) - Major brokerages reiterated their stance that the U.S. Federal Reserve will cut rates by 25 basis points at each of its two upcoming meetings this year following the U.S. central bank's widely anticipated quarter-point reduction. Nomura and KBW became the late...Reuters
Thu, Sep 18
Putin hails new Russia's aircraft engine as 'the best'
MOSCOW, Sept 18 (Reuters) - Only four countries in the world are able to make civil aircraft engines like Russia's new PD-14, and Russian one is "the best", Russian President Vladimir Putin said on Thursday.The PD-14 is a Russian-designed engine for Russia's new, narrow-bodied airlin...Reuters
Thu, Sep 18
FACTBOX-US holiday sales growth to be muted this year, forecasts show
Sept 18 (Reuters) - U.S. retailers brace for a subdued holiday shopping season this year as the economic fallout from President Donald Trump's erratic trade policies leaves shoppers more cautious about buying extravagant gifts.The holiday selling season spans over three months from November to t...Reuters
Thu, Sep 18
US holiday shopping growth to cool this year, Mastercard forecasts
By Neil J Kanatt Sept 18 (Reuters) - U.S. holiday sales growth is expected to temper this year, a Mastercard forecast showed on Thursday, as consumers seek discounts and promotions amid inflation and broader macroeconomic uncertainty.The Mastercard Economics Institute report forecasts retail sale...Reuters
Thu, Sep 18
US weekly jobless claims fall, but labor market softening
Labor market softening as both demand for and supply of workers diminishFed cuts interest rates to support labor market amid stall in hiring WASHINGTON, Sept 18 (Reuters - The number of Americans filing new applications for unemployment benefits fell last week, but the labor market has softened ...Reuters
Thu, Sep 18
RPT-BREAKINGVIEWS-India’s virtuous cycle can turn vicious with Trump
By Una Galani and Shritama BoseNEW DELHI/MUMBAI, Sept 18 (Reuters Breakingviews) - In recent years, India has enjoyed a virtuous cycle. The fast growth and unusual stability of its $4 trillion economy has boosted the country’s confidence and standing in the world. But Donald Trump’s trade war and de...Reuters
Thu, Sep 18
Trump economic adviser Hassett says Fed rate decision a good first step
WASHINGTON, Sept 18 (Reuters) - White House economic adviser Kevin Hassett on Thursday welcomed the Federal Reserve's decision to lower interest rates by a quarter of a percentage point as a good first step."The bottom line is that moving kind of slow and steady and heading towards the targe...Reuters
Thu, Sep 18
Taiwan central bank raises growth forecast, warns of tariff risks
Central bank leaves policy interest rate steady'Next year will see moderate growth,' governor saysMonitoring developments in US tariffs, geopolitical risksTaiwan-made chips have powered AI boom, boosted economyBy Liang-sa Loh and Faith Hung TAIPEI, Sept 18 (Reuters) - Taiwan's central...Reuters
Thu, Sep 18
Swiss exports to US drop over a fifth after Trump tariffs
ZURICH, Sept 18 (Reuters) - Swiss goods exports to the United States dropped by more than a fifth in August, the month in which President Donald Trump imposed 39% tariffs on the country, official data showed on Thursday.When adjusted for seasonal swings, total Swiss exports were down 1% compared to ...Reuters
Thu, Sep 18
Japan's fiscal dove Takaichi joins race for leadership of ruling party
Takaichi stands out as vocal opponent of BOJ rate hikesTakaichi to hold news conference on FridayHayashi says he will carry over policies of IshibaHayashi distances himself from 'Abenomics'Motegi says will negotiate with US for further tariff cutBy Mariko Katsumura and Satoshi SugiyamaTOKYO,...Reuters
Thu, Sep 18
