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Japan’s Kato: Significant that Japan and US reconfirm key points on FX policies
Japanese Finance Minister Katsunobu Kato said on Friday that the joint statement was significant in light of the new US tariff order, adding that there were no talks with US Treasury Secretary Bessent on specific foreign exchange (FX) levels.Fxstreet
3 hours ago
US and Japan reaffirm their agreement not to manipulate FX rates
The United States (US) Department of the Treasury and the Japanese Ministry of Finance reaffirmed their G7 commitments on currency policy, stressing that exchange rates should remain market-driven, according to the US-Japan Finance Ministers’ joint statement.
Fxstreet
3 hours ago
US to push G7 to impose high tariffs on China, India over Russian oil purchases — FT
The United States (US) plans to urge Group of Seven (G7) nations to hit India and China with sharply higher tariffs for buying Russian oil in an attempt to force Moscow into peace talks with Ukraine, the Financial Times (FT) reported on Thursday.Fxstreet
4 hours ago
Global EV sales growth slows to 15% in August, research firm says
By Jesus Calero Sept 12 (Reuters) - Global sales of fully electric and plug-in hybrid vehicles grew 15% in August from a year ago, marking the slowest rate since January and reflecting tougher comparatives, market research firm Rho Motion said on Friday.China's EV sales growth, which average...Reuters
4 hours ago
Boeing falling behind on certifying its 777X, CEO says
Inflationary pressures affect Boeing's supply chain and airplane pricing737 MAX production increase depends on reducing rework, Ortberg notes777X certification taking longer than expected but no new technical problems foundBy Dan Catchpole SEATTLE, Sept 11 (Reuters) - Boeing BA.N CEO Kelly Or...Reuters
6 hours ago
US August deficit falls to $345 billion as tariff revenues rise
US deficit nears $2 trillion with one month left in 2025 fiscal yearNet US customs duties reach record $29.5 billion in AugustReceipts, outlays reach records for August, fiscal year-to-date By David LawderWASHINGTON, Sept 11 (Reuters) - The U.S. budget deficit for August fell $35 billion or 9% from ...Reuters
7 hours ago
Donald Trump asks higher court to wave off order allowing Cook to remain at Fed
United States (US) President Donald Trump and his administration have formally asked the federal appeals court to pause a federal order that would allow Lisa Cook to remain at her post at the Federal Reserve (Fed) pending an official probe into accusations of mortgage fraud.Fxstreet
8 hours ago
Boeing CEO says supply chain is facing inflationary pressure
SEATTLE, Sept 11 (Reuters) - Boeing BA.N CEO Kelly Ortberg said on Thursday the planemaker is seeing inflationary pressure on its supply chain. However, he does not expect any supply chain problems in the company's plans to increase production of its best-selling 737 MAX from a federally-imposed...Reuters
9 hours ago
U.S. August deficit falls to $345 billion as tariff revenues rise
WASHINGTON, Sept 11 (Reuters) - The U.S. budget deficit for August fell $35 billion or 9% from a year earlier to $345 billion as President Donald Trump's tariffs pushed net customs receipts up by about $22.5 billion for the month, the Treasury Department said on Thursday.With one month to go in ...Reuters
9 hours ago
IMF says it is committed to working with Ukraine to shape new support program
By Andrea Shalal WASHINGTON, Sept 11 (Reuters) - The International Monetary Fund is committed to working with Ukrainian authorities to shape a new lending program after the war-torn country filed a formal request earlier this week, IMF spokesperson Julie Kozack said on Thursday.Ukraine is spendin...Reuters
9 hours ago
REFILE-Britain defends investment record as Merck scraps labs over pharma environment
Pharma sector has been in dispute with UK over drug pricesLobby group says UK increasingly ruled out for many firmsTrump tariff situation unresolved ahead of state visitBy Alistair Smout and Sarah Young LONDON, Sept 11 (Reuters) - Britain defended its record on attracting investment on Thursday a...Reuters
9 hours ago
IMF says US economy showing strains; tariffs pose some risks to inflation
IMF sees upside risk to US inflationDownward revision in employment data was higher than historical averageData and revisions on agenda for IMF meeting with US in NovemberBy Andrea Shalal WASHINGTON, Sept 11 (Reuters) - The U.S. economy is showing some strains after years of resilience, with dome...Reuters
10 hours ago
WRAPUP 4-US consumer inflation accelerates; weekly jobless claims approach four-year high
Consumer Price Index increases 0.4% in AugustCPI excluding food and energy advances 0.3%Consumer prices post largest annual gain in seven monthsInitial jobless claims jump 12,000 to 263,000 last weekBy Lucia Mutikani WASHINGTON, Sept 11 (Reuters) - U.S. consumer prices increased by the most in se...Reuters
10 hours ago
