SoftBank mulls bringing 40 companies to Brazil
FILE PHOTO: The logo of SoftBank Group Corp is displayed at the SoftBank World 2017 conference in Tokyo, Japan, July…
Shares edge up after Fed rate cut, oil prices gain
NEW YORK (Reuters) – A gauge of global equity performance edged higher on Thursday, a day after the Federal Reserve…
France and Germany united on strategy to fight global slowdown: French minister
French Finance Minister Bruno Le Maire, German Economy Minister Peter Altmaier and German Finance Minister Olaf Scholz arrive to attend…
Fed’s Powell says politics play no role in interest-rate decisions
U.S. Federal Reserve Chairman Jerome Powell speaks during the “The Economic Outlook and Monetary Policy” panel discussion hosted by the…
Fed Chair Powell repeats vow to act ‘as appropriate’
ZURICH (Reuters) – The U.S. Federal Reserve will continue to act “as appropriate” to sustain the economic expansion in the…
U.S. hiring cools; wages, hours offer silver lining
WASHINGTON (Reuters) – U.S. job growth slowed more than expected in August, with retail hiring declining for a seventh straight…
Argentine markets split after currency controls stoke uncertainty
BUENOS AIRES/LONDON (Reuters) – Argentina’s international dollar and euro-denominated bonds fell to record lows on Monday and the official peso…
Trump says euro dropping ‘like crazy’ against dollar, blames Fed
U.S. President Donald Trump waves as he walks from the Oval Office of the White House in Washington, U.S., before…
China hopes U.S. will create conditions necessary for September trade talks
BEIJING (Reuters) – China and the United States are discussing the next round of face-to-face trade talks scheduled in September,…
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…
China discussing September trade talks with U.S.: commerce ministry
FILE PHOTO: U.S. dollar and China yuan notes are seen in this picture illustration June 2, 2017. REUTERS/Thomas White/Illustration/File Photo…
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…
Fed’s Mester sees downside risk from escalating trade war
JACKSON HOLE, Wyo. (Reuters) – Cleveland Federal Reserve President Loretta Mester said on Saturday she sees “big downside risk” from…
Fed’s commitment to act upstaged by Trump’s furor
JACKSON HOLE, Wyo. (Reuters) – Federal Reserve Chair Jerome Powell said the central bank would “act as appropriate” to keep…
UK PM Johnson to tell Trump to de-escalate trade tensions
BIARRITZ, France (Reuters) – British Prime Minister Boris Johnson said on Saturday he would tell President Donald Trump at this…
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…
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…
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…
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…
U.S. yield curve inversion highlights recession fears, Fed dilemma
NEW YORK (Reuters) – When the U.S. Federal Reserve cut interest rates last month for the first time in 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…
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…
Gold gains as trade concerns weigh on global markets
NEW YORK (Reuters) – Signs of further escalation of the U.S.-China trade war and weak UK economic data weighed on…
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…
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…
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…
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…
Fed faces tougher task in deciding whether to cut U.S. rates
NEW YORK (Reuters) – U.S. employers are hiring workers, but that is only making the Federal Reserve’s job harder. On…
Scotch Whisky Association urges U.S. and EU to end trade stand-off
FILE PHOTO: Bottles of single malt scotch whisky Glenmorangie, part of Glenmorangie plc co-owned by LVMH and Diageo, are pictured…
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…
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…
Preserve your ammunition, BIS urges top central banks
LONDON (Reuters) – Bank for International Settlements (BIS) chief Agustin Carstens has urged top central banks to preserve their ammunition…
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…
Trump prepares for ‘productive’ talks with Xi on trade war
OSAKA (Reuters) – U.S. President Donald Trump on Friday said he hoped for productive talks with Chinese President Xi Jinping…
Fed pushes back on aggressive U.S. rate cut views
NEW YORK (Reuters) – Federal Reserve officials on Tuesday pushed back on market expectations and presidential pressure for the central…
Citi sees case for Fed to lower rates by 50 bps in July
FILE PHOTO: A woman walks past a Citibank logo displayed outside the Citibank Plaza in Hong Kong July 28, 2014.…
Fed officials face weak inflation, but split over what it means
WASHINGTON/SAN FRANCISCO (Reuters) – U.S. Federal Reserve officials were divided Friday over how seriously to treat a slide in inflation,…
Take Five: The Fed and the rest
With President Donald Trump’s trade policies heightening fears of a U.S. recession, expectations of a Fed rate cut have dramatically…
All eyes on Fed as stock market pines for rate cut
NEW YORK (Reuters) – The Federal Open Market Committee meeting next week is shaping up as a pivotal one for…
Strong U.S. retail sales improve economy’s fortunes
WASHINGTON (Reuters) – U.S. retail sales increased in May and sales for the prior month were revised higher, suggesting a…
Trump leaves China tariff deadline open, calls relationship ‘testy’
WASHINGTON (Reuters) – U.S. President Donald Trump declined to set a deadline on Wednesday for levying tariffs on another $325…
Underlying U.S. producer inflation boosted by services
WASHINGTON (Reuters) – Underlying U.S. producer prices increased solidly for a second straight month in May, boosted by a surge…
U.S. economic growth forecast ‘not contingent’ on China trade deal: Kudlow
FILE PHOTO: White House economic adviser Larry Kudlow delivers remarks at SelectUSA Investment Summit in Washington D.C., U.S. June 11,…
Equities rally dissipates as trade optimism fades, yield curve flattens
NEW YORK (Reuters) – Wall Street’s indexes ended Tuesday’s session virtually unchanged after investors turned their focus to U.S.-China trade…
Wall Street rises with hopes of Mexican tariffs delay
New York (Reuters) – Wall Street’s main indexes closed higher after a choppy session on Thursday as investors grew more…
France wants FCA-Renault job guarantees and Nissan on board
PARIS (Reuters) – France will seek protection of local jobs and other guarantees in exchange for supporting a merger between…