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China's services activity grows at slower pace, Caixin PMI shows
Employment levels decline at fastest pace since April 2024New business growth eases to four-month lowBusiness optimism improves, Trump tariffs major concern BEIJING, Feb 5 (Reuters) - China's services activity expanded at a slower pace in January, with the Lunar New Year holidays worsening em...Reuters
Wed, Feb 5
JGB yields hit fresh multi-year highs as wages rise
TOKYO, Feb 5 (Reuters) - Japanese government bond (JGB) yields hit new multi-year highs in early trade on Wednesday after government data showed a rise in wages, bolstering chances of further interest rate hikes.The 10-year JGB yield JP10YTN=JBTC rose 2 basis points (bps) to 1.295%, its highest sinc...Reuters
Wed, Feb 5
Fed's Jefferson: Rates likely to fall over medium term
Feb 4 (Reuters) - The Federal Reserve can continue cutting interest rates at least "over the medium term," Fed Vice Chair Philip Jefferson said on Tuesday, reiterating the U.S. central bank's message that policymakers needn't rush their next rate cut.
Japan's service activity grows thanks to Asian demand, PMI shows
TOKYO, Feb 5 (Reuters) - Japan's service activity expanded for a third straight month in January, helped by a rebound in new export business on Asian demand, a private-sector survey showed on Wednesday.The final au Jibun Bank Service purchasing managers' index (PMI) rose to 53.0 in January f...Reuters
Wed, Feb 5
Trump 2.0 marks 'quantum leap' on trade from first term, Navarro says
Trump's trade team aims to shift US government focus to tariffsTreasury Secretary Bessent to lead foreign acquisition investigationsCommerce nominee Lutnick to focus on trade, such as Section 232 tariffsBy Andrea Shalal WASHINGTON, Feb 4 (Reuters) - Members of U.S. President Donald Trump'...Reuters
Tue, Feb 4
