Author Archives: Syndicated Content
Australia's tight labour market set to ease, central bank says
SYDNEY (Reuters) - Australia's central bank said on Wednesday that the labour market remained tight but was moving towards balance as high interest rates work to slow demand in what should be a mild d...
Sep 11, 2024
Boeing says bargained in good faith with union for labor deal
(Reuters) - Boeing bargained in good faith with one of its biggest unions for the new labor contract and "did not hold back with an eye on a second vote", its chief operating officer said on Tuesday i...
Sep 11, 2024
European firms doubt China has credible plan to turn economy around, lobby group warns
By Joe Cash BEIJING (Reuters) - European firms in China doubt the government has a credible plan to boost demand in the ailing economy or will carry out long-promised reforms, diminishing their appeti...
Sep 11, 2024
Yen eyes 5-week high as focus turns to US presidential debate, inflation
By Kevin Buckland TOKYO (Reuters) - The yen hovered near a five-week peak and the dollar hung close to a three-week top versus the euro on Wednesday, as traders waited nervously for a key inflation re...
Sep 11, 2024
Asian stocks shaky ahead of US presidential debate; oil at 3-year lows
By Ankur Banerjee SINGAPORE (Reuters) - Asian stocks wobbled on Wednesday as investors gear up for U.S. inflation data and an eagerly awaited U.S. presidential debate, while oil prices loitered around...
Sep 11, 2024
Oil prices rebound on fears of supply disruption from tropical storm
By Yuka Obayashi TOKYO (Reuters) - Crude prices bounced on Wednesday as concerns about Tropical Storm Francine disrupting supply of oil outweighed worries about demand. Brent crude futures climbed 39 ...
Sep 11, 2024
BOJ will keep raising rates if inflation on track, says policymaker Nakagawa
TOKYO (Reuters) - Bank of Japan board member Junko Nakagawa said on Wednesday the central bank will continue to raise interest rates if the economy and inflation move in line with the bank's forecasts...
Sep 11, 2024
At China's Zhongzhi, risky practices preceded shadow bank's collapse
SHANGHAI/BEIJING/HONG KONG (Reuters) - Zhongzhi Enterprise Group, a former leader of China's shadow banking sector that declared insolvency last year, used aggressive and potentially illegal sales pra...
Sep 11, 2024
Seven & i responded fairly to offer from Couche-Tard, says Suntory CEO Niinami
TOKYO (Reuters) - Japan's Seven & i responded fairly by saying a takeover offer from Canada's Couche-Tard was too low, Suntory Holdings chief executive Takeshi Niinami said on Wednesday. The offer for...
Sep 11, 2024
South Korea household borrowing posts biggest jump in over three years
SEOUL (Reuters) - South Korea's household borrowing rose in August by the biggest amount in more than three years, led by a record jump in mortgage demand, central bank data showed on Wednesday. House...
Sep 11, 2024
