Argentine bond prices fall, country risk soars on debt ‘reprofiling’ plan
BUENOS AIRES (Reuters) – Argentine bond prices fell on Thursday and country risk soared to levels not seen since 2005…
U.S. yields climb on trade optimism, weak auction
NEW YORK (Reuters) – U.S. Treasury yields rose on Thursday with 30-year yields climbing from record lows, as hopes on…
China to fight back against U.S. tariff move: People’s Daily
FILE PHOTO: Containers are seen at Yantian port in Shenzhen, Guangdong province, China July 4, 2019. Picture taken July 4,…
Trump regrets not raising tariffs on China higher, White House says
BIARRITZ, France (Reuters) – President Donald Trump wishes he had raised tariffs on Chinese goods even higher last week, the…
Japan, U.S. reach framework trade pact, no tariff cuts on Japan cars: Nikkei
TOKYO (Reuters) – The United States and Japan have reached the broad framework of a trade agreement, with Washington maintaining…
Trump presses U.S. companies to close China operations
WASHINGTON (Reuters) – President Donald Trump said on Friday he was ordering U.S. companies to look at ways to close…
China warns U.S. to stop ‘wrong’ trade actions or face consequences
FILE PHOTO: U.S. and Chinese flags are seen in front of a U.S. dollar banknote featuring American founding father Benjamin…
Trump heaps another 5% tariff on Chinese goods in latest tit-for-tat escalation
WASHINGTON/BEIJING (Reuters) – U.S. President Donald Trump on Friday lashed back at a new round of Chinese tariffs by heaping…
Trump says he had to ‘take China on,’ regardless of short-term impact on U.S. economy
WASHINGTON (Reuters) – President Donald Trump on Tuesday said he had to confront China over trade even if it caused…
Oil prices climb after Saudi oilfield attack, but recession worries drag
SINGAPORE (Reuters) – Crude oil prices rose on Monday following a weekend attack on a Saudi oil facility by Yemeni…
Argentina Treasury minister resigns, says ‘significant renewal’ needed amid economic crisis
FILE PHOTO: Argentina’s Treasury Minister Nicolas Dujovne gestures during a news conference in Buenos Aires, Argentina April 22, 2019. REUTERS/Agustin…
Exclusive: U.S. set to give Huawei another 90 days to buy from American suppliers – sources
SINGAPORE/WASHINGTON (Reuters) – The U.S. Commerce Department is expected to extend a reprieve given to Huawei Technologies that permits the…
U.S. housing market mired in weakness; consumer sentiment ebbs
WASHINGTON (Reuters) – U.S. homebuilding fell for a third straight month in July amid a steep decline in the construction…
Exclusive: Fed’s Mester weighing argument for U.S. rate cut
CLEVELAND (Reuters) – One Federal Reserve policymaker who opposed the Fed’s recent rate cut is considering whether to support such…
Dollar firms, global stocks soar on ECB rate cut expectations
NEW YORK (Reuters) – U.S. and European stocks surged on Friday on expectations the European Central Bank will cut interest…
Wall Street Week Ahead: Lower rates could boost housing stocks, but risks remain
NEW YORK (Reuters) – Lower U.S. interest rates could help support outperforming U.S. homebuilder stocks, even as they raise worries…
Take Five: Fed in a hole
(Reuters) – FILE PHOTO: Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S., March 19, 2019. REUTERS/Leah…
Lower rates could boost housing stocks, but risks remain
NEW YORK (Reuters) – Lower U.S. interest rates could help support outperforming U.S. homebuilder stocks, even as they raise worries…
DoubleLine CEO Jeffrey Gundlach warns Fed rate cuts will not stop U.S. recession
(Reuters) – Jeffrey Gundlach, chief executive of DoubleLine Capital, warned on Wednesday that rate cuts by the U.S. Federal Reserve…
China’s economy worsens in July, industrial growth at 17-year low as trade war escalates
BEIJING (Reuters) – China’s economy stumbled more sharply than expected in July, with industrial output growth cooling to a more…
Stocks, oil tank on growing signs of global slowdown
NEW YORK (Reuters) – Equity markets tanked and oil prices fell sharply on Wednesday after a closely watched bond indicator…
Oil slumps more than 4% on weak global economic data, U.S. crude build
NEW YORK (Reuters) – Oil prices sank more than 4% on Wednesday after global demand fears were revived by weak…
U.S. import prices rebound, but trend remains subdued
WASHINGTON (Reuters) – U.S. import prices unexpectedly rose in July, but the underlying trend continued to be weak, pointing to…
No-deal Brexit could deepen Europe’s shortage of medicines – experts
BRUSSELS (Reuters) – As the Oct. 31 deadline for Britain to leave the European Union approaches, health professionals are warning…
U.S. budget deficit widens; spending up on health, military
WASHINGTON (Reuters) – The U.S. government’s deficit widened to $120 billion in July, fueled by increases in spending on health…
Trump roils markets with comments on China trade, Huawei
WASHINGTON (Reuters) – U.S. President Donald Trump on Friday said he was not ready to make a deal with China…
IMF stands by yuan view; says China could need stimulus if trade war worsens
WASHINGTON (Reuters) – The International Monetary Fund on Friday stood by its assessment that the value of China’s yuan was…
Investors look for consumer pressure ahead of next tariffs
(Reuters) – As President Donald Trump prepares to slap new tariffs on Chinese imports, investors are bracing for signs of…
Rwanda says its border with Congo remains open
Congolese people walk near the gate barriers at the border crossing point with Rwanda following its closure over Ebola threat…
White House’s Kudlow hopeful on U.S.-China trade talks, agriculture buys
WASHINGTON (Reuters) – White House economic adviser Larry Kudlow on Tuesday called it a good sign that top U.S. officials…
China’s agri ministry emphasizes need to ensure stable hog market
BEIJING (Reuters) – China’s agriculture ministry said on Tuesday that it would work to ensure the country’s pork supplies and…
Senators announce bipartisan proposal to lower drug prices
WASHINGTON/NEW YORK (Reuters) – The top Republican and Democrat on the U.S. Senate Finance Committee announced a proposal to lower…
Senators announce bipartisan proposal to lower drug prices
WASHINGTON/NEW YORK (Reuters) – The top Republican and Democrat on the U.S. Senate Finance Committee announced a proposal to lower…
Trump: U.S. had ‘very good talk’ with China; in-person talks may follow
WASHINGTON (Reuters) – U.S. President Donald Trump said on Friday that U.S. Treasury Secretary Steve Mnuchin had a very good…
Wall Street falls as Fed signals smaller rate cut
NEW YORK (Reuters) – Wall Street’s main indexes fell on Friday following a report that the Federal Reserve plans to…
Trump wants weaker dollar but it could be a hard sell
WASHINGTON/SAN FRANCISCO (Reuters) – President Donald Trump wants a cheaper dollar, saying earlier this month the United States should match…
U.S. retail sales ease fears over economy; rate cut still seen
WASHINGTON (Reuters) – U.S. retail sales increased more than expected in June, pointing to strong consumer spending, which could help…
Trump sees slowing Chinese growth pressuring Beijing on trade
WASHINGTON (Reuters) – U.S. President Donald Trump on Monday seized on slowing economic growth in China as evidence that U.S.…
Facebook vows Libra currency will wait for approval as U.S. airs worries
WASHINGTON (Reuters) – Facebook Inc said on Monday it would not proceed with the launch of its Libra cryptocurrency until…
Bostic: Fed’s focus is its mandates not market pricing for rate cuts
ATLANTA (Reuters) – Strong market expectations of an upcoming Fed rate increase are not a reason for the central bank…
Fed’s Powell affirms rate cut view; others see U.S. economy humming
ATLANTA/VICTOR, Idaho (Reuters) – As Federal Reserve Chair Jerome Powell kept the focus Thursday on global risks that could trigger…
Boxing with giants: Italy’s packing robots are not just cardboard cutouts
(This June 28 story corrects Romaco’s nationality to German, not Italian, in paragraph 17) By Silvia Aloisi CITTÀ DI CASTELLO,…
Warning light flashing for Slovakia’s auto industry
BRATISLAVA/PRAGUE (Reuters) – When David landed an assembly line job at Volkswagen’s (VOWG_p.DE) Bratislava factory, his colleagues congratulated him on…
India’s PNB says detects 38 billion rupee fraud
People walk past Punjab National Bank’s Brady House branch in Mumbai, India June 14, 2018. REUTERS/Francis Mascarenhas MUMBAI (Reuters) –…
U.S. job growth surges, July rate cut expectations intact
WASHINGTON (Reuters) – U.S. job growth rebounded strongly in June, with government payrolls surging, but persistent moderate wage gains and…
Rich get richer, everyone else not so much in record U.S. expansion
NEW YORK (Reuters) – Last month Pink Floyd frontman David Gilmour sold his guitar collection for $21.5 million, including one…
EU leaders choose France’s Lagarde for ECB after marathon summit
BRUSSELS/STRASBOURG (Reuters) – European Union leaders agreed on Tuesday to name France’s Christine Lagarde as the new head of the…
Wall Street looks to earnings after strongest June in decades
NEW YORK (Reuters) – On the heels of the S&P 500’s best June performance in more than six decades, investors…
Stocks edge higher as trade enthusiasm wanes
NEW YORK (Reuters) – U.S. stocks managed modest gains on Tuesday after holding near the unchanged mark for much of…
Trump says any China trade deal would need to be somewhat tilted in U.S. favor
WASHINGTON (Reuters) – President Donald Trump said on Monday that trade talks with China were under way and any deal…
Trump says China trade talks ‘back on track,’ new tariffs on hold
OSAKA (Reuters) – The United States and China agreed on Saturday to restart trade talks after President Donald Trump offered…
China warns of long road ahead for deal with U.S. after ice-breaking talks
BEIJING/OSAKA (Reuters) – China and the United States will face a long road before they can reach a deal to…
White House official: New sales to China’s Huawei to cover only widely available goods
WASHINGTON (Reuters) – President Donald Trump’s decision to allow expanded sales of U.S. technology supplies to Chinese telecommunications giant Huawei…
Real estate stocks have room to gain, residential in favor
(Reuters) – The once-sleepy U.S. real estate sector could be poised to continue its revival into the second half of…
G20 heads struggle to narrow differences beyond their concern on global growth
OSAKA (Reuters) – Many leaders of the world’s top 20 economies on Friday voiced concern over trade tensions and the…
U.S.-China trade talks: where they are and what’s at stake
(Reuters) – U.S. President Donald Trump and Chinese President Xi Jinping are due to meet on Saturday at the Group…
Explainer: U.S.-China trade war – the levers each country can pull
WASHINGTON (Reuters) – President Donald Trump and Chinese President Xi Jinping will seek to revive talks to end a trade…