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PRESS DIGEST- New York Times business news - March 10
March 10 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.- Mark Carney, 59, who steered the Bank of Canada through the 2008 global financial crisis and the Bank of England through Brexit,...
Reuters
Mon, Mar 10
US President Donald Trump says government shutdown is possible, but he is confident it will be averted
US President Donald Trump said late Sunday that a government shutdown is a possibility if the House of Representatives fails to pass a temporary funding bill.
Fxstreet
Mon, Mar 10
Fed's Daly: Growing uncertainty among businesses could slow demand in the US economy
President of the Federal Reserve Bank of San Francisco, Mary Daly, said late Sunday that rising uncertainty among businesses could dampen demand in the US economy but does not justify a change in interest rates.
Fxstreet
Mon, Mar 10
US President Donald Trump says looking at a lot of things with respect to tariffs on Russia
US President Donald Trump said on Sunday that he expects a good outcome of US talks with Ukrainian officials in Saudi Arabia, per Reuters.
Fxstreet
Mon, Mar 10
US Commerce Secretary Lutnick says Trump sticking to US aluminum-steel tariff timeline
US Commerce Secretary Howard Lutnick said late Sunday that the 25% tariffs on steel and aluminum imports, set to take effect on Wednesday, are unlikely to be postponed, per Bloomberg.
Fxstreet
Sun, Mar 9
Japan Trade Balance - BOP Basis: ¥-2937.9B (January) vs previous ¥62.3B
Japan Trade Balance - BOP Basis: ¥-2937.9B (January) vs previous ¥62.3B
Fxstreet
Sun, Mar 9
Japan Current Account n.s.a. came in at ¥-257.6B below forecasts (¥-230.5B) in January
Japan Current Account n.s.a. came in at ¥-257.6B below forecasts (¥-230.5B) in January
Fxstreet
Sun, Mar 9
Japan Bank Lending (YoY) meets expectations (3.1%) in February
Japan Bank Lending (YoY) meets expectations (3.1%) in February
Fxstreet
Sun, Mar 9
China's Housing Minister said government to promote purchase of existing housing
China's Minister of Housing and Urban-Rural Development, Ni Hong, said on Sunday that the country's property sector has shown positive change with market confidence improving.
Fxstreet
Sun, Mar 9
Japan Labor Cash Earnings (YoY) below expectations (3.2%) in January: Actual (2.8%)
Japan Labor Cash Earnings (YoY) below expectations (3.2%) in January: Actual (2.8%)
Fxstreet
Sun, Mar 9
China to impose retaliatory tariffs on some Canadian agriculture products
China on Saturday announced tariffs on some Canadian agricultural goods, retaliating against levies Canada introduced in October and opening a new front in a trade war largely driven by US President Donald Trump's tariff threats, per Reuters.
Fxstreet
Sun, Mar 9
China inflation: Consumer Price Index falls 0.7% YoY in February vs. -0.5% expected
China’s Consumer Price Index (CPI) fell at an annual pace of 0.7% in February after reporting 0.5% growth in January.
Fxstreet
Sun, Mar 9
China pledges more resources to support employment
BEIJING, March 9 (Reuters) - China will step up resources and funding to support employment and unveil new policies to help college graduates get jobs, as the external environment could become more complex and severe, human resources minister said on Sunday.China faces an arduous task to stabilise a...
Reuters
Sun, Mar 9
China's deflationary pressures deepen in February
February CPI -0.7% y/y vs Jan +0.5%Core CPI falls first time y/y since January 2021PPI down 2.2% y/y vs Jan -2.3%Analyst urges more policy loosening to spur demand BEIJING, March 9 (Reuters) - China's consumer price index in February missed expectations and fell at the sharpest pace in 13 mon...
Reuters
Sun, Mar 9
China Feb consumer price index contracts in February
BEIJING, March 9 (Reuters) - China's consumer inflation in February fell at the quickest pace since January 2024, while producer price deflation persisted, as seasonal demand faded while households are still cautious about spending amid job and income worries.The consumer price index edged down ...
Reuters
Sun, Mar 9
China Producer Price Index (YoY) registered at -2.2%, below expectations (-2.1%) in February
China Producer Price Index (YoY) registered at -2.2%, below expectations (-2.1%) in February
USD/CNH
Fxstreet
Sun, Mar 9
China Consumer Price Index (YoY) below forecasts (-0.5%) in February: Actual (-0.7%)
China Consumer Price Index (YoY) below forecasts (-0.5%) in February: Actual (-0.7%)
USD/CNH
Fxstreet
Sun, Mar 9
China Consumer Price Index (MoM) registered at -0.2%, below expectations (-0.1%) in February
China Consumer Price Index (MoM) registered at -0.2%, below expectations (-0.1%) in February
USD/CNH
Fxstreet
Sun, Mar 9
Hungary and US to agree on economic cooperation package, PM Orban says
BUDAPEST, March 8 (Reuters) - Hungary and the United States will agree on an economic cooperation package that will help the Hungarian economy and could offset the effect of possible U.S. tariffs, Prime Minister Viktor Orban said on Saturday.Orban, a long-time supporter of U.S. President Donald Trum...
Reuters
Sat, Mar 8
Vietnam is willing to adjust tariffs with major trade partners, PM says
HANOI, March 8 (Reuters) - Vietnam is willing to adjust its tariffs with its major trading partners if needed, Prime Minister Pham Minh Chinh said during a cabinet meeting on Saturday. Chinh is also calling for plans to pursue more balanced trade with its major markets, according to his remarks post...
Reuters
Sat, Mar 8
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