Analysis-A Quadrillion Reasons The Bank Of Japan Should Fret About Fed
A quadrillion yen is lying idle with Japanese households, ready to be shipped overseas when yields abroad turn more attractive, and that moment could arrive as soon as this week.
Frugal is the new cool for young Chinese as economy falters
Before the pandemic, Doris Fu imagined a different future for herself and her family: new car, bigger apartment, fine dining on weekends and holidays on tropical islands.
Ethereum Blockchain Completes 'Monumental' Overhaul
Ethereum blockchain completes 'monumental' overhaul
Q & A With TV Host Neil Anders On The Importance Of Best-Match Mortgages
In my 20-year career, I have continually strived for the best for both my company and my clients.
Battery Startup ONE Aims To Slash Cell Cost, Deliver 600-mile Range
Michigan-based startup Our Next Energy has unveiled a new anode-free battery pack designed to slash cell cost as much as 50% while delivering up to 600 miles (965 km) of driving range, the company said Tuesday.
Cryptocurrency Sceptics Look To Bend The Ear Of Regulators
Cryptocurrency sceptics look to bend the ear of regulators
Ukraine's Winegrower 'Closest To The Frontline'
Ukraine's winegrower 'closest to the frontline'
Starving burglars raid foodbank but leave all cash untouched
Hungry desperate thieves broke into a foodbank but left all the cash as it was lying there before the raid.
Europe electricity prices soar as tough winter looms
European electricity prices soared to new records on Friday, presaging a bitter winter as Russia's invasion of Ukraine inflicts economic pain across the continent.
Canada's OpenText to buy British software firm Micro Focus in $6 billion deal
Canadian software company OpenText said on Thursday it would acquire Britain's Micro Focus International Plc in an all-cash deal that values the enterprise software maker at $6 billion including debt.
If interest rates are raised high enough to kill off inflation, how bad will the consequences be?
The Bank of England has raised its benchmark rate from 0.1% to 1.75%, whereas until the financial crisis of 2008 it ranged from 5% to 15%.
Analysis: As Ukraine War Drags On, Europe's Economy Succumbs To Crisis
It was meant to be Europe's stellar year.
BOJ Seen Cutting Growth Forecasts On Soft Spending, Says Ex-central Bank Executive
The Bank of Japan will likely cut its economic forecasts at its next quarterly review in October, as slowing global demand and a resurgence in COVID-19 infections hurt exports and consumption, the bank's former top economist Seisaku Kameda said on Monday.
Toyota doubles down on its hybrid bet in India
Toyota is rebooting its strategy for India, doubling down on a bet that emerging markets will learn to love its hybrids, as long as the price is right.
South Korean Founder Of Failed Terra Coin Admits He Was 'Wrong'
South Korean founder of failed Terra coin admits he was 'wrong'
The Disappointing Economic Backdrop To China's Policy Dilemma
China's central bank cut its interest rates on Monday for the second time this year, but analysts suspect it will do little to spur lending in an economy awash with cash but lacking in consumer demand and business confidence.
BoE to deliver another bumper 50 bps lift in Sept as prices soar: Reuters poll
The Bank of England will deliver another bumper 50 basis points (bps) increase to borrowing costs next month but then slow the pace to a more regular 25 basis point rise in November before pausing, a Reuters poll forecast.
Britain's opposition Labour Party to demand energy price cap freeze
Britain's main opposition Labour Party will call for the energy price cap to be frozen this autumn, a party source said, to help the public deal with another expected surge in energy bills during the worst cost-of-living crisis in decades.
US inflation eases slightly to 8.5% in July as fuel prices dip
US inflation eased slightly in July.
European shares fall as energy stocks weigh; Focus on U.S. jobs data
European shares edged lower on Friday as crude prices continued to weigh on energy stocks, with all eyes on U.S. jobs data expected later in the day.
London stock exchange says Refinitiv costs and savings on track
The London Stock Exchange Group said on Friday that costs and savings targets for integrating data company Refinitiv were on track.
UK PM hopefuls Sunak and Truss clash over recession warning in debate
British foreign minister Liz Truss clashed over the future of the economy with former finance minister Rishi Sunak on Thursday as the two contenders to be Britain's next prime minister debated the Bank of England's warnings of a long recession.
From boom to gloom, Australia's red hot property market hits reverse
A little more than half of the properties being auctioned are selling in most main cities, down from three quarters as recently as March.
Inflation begins to strain finances of young, low-income Americans
As high inflation forces Americans to spend more on gas and bills, young and low-income consumers are starting to feel financial pressure.
Crypto clients beg for their cash back after lender's crash
Celsius and its CEO Alex Mashinsky had billed the platform as a safe place for people to deposit their crypto currencies in exchange for high interest, while the firm lent out and invested those deposits.
Cost of living crisis? Europe's consumers keep spending
Europe's largest consumer-focused firms are seeing no shortage of demand despite a cost-of-living crisis.
Amazon hikes Prime subscription in five European countries
While the price hikes are much higher than inflation, analysts believe that the service costs Amazon much more than it charges and is used to lure and keep customers.
SAS Confirms Deal Reached With Pilots' Unions, Ending 15-day Strike
SAS and pilot unions have reached a wage deal, the Scandinavian airline confirmed on Tuesday, ending a 15-day strike over a new collective bargaining agreement that had grounded 3,700 flights and put the carrier's future in doubt.
China Banks Vow To Repay More Customers After Protests
China banks vow to repay more customers after protests
Lloyds offers extra support to 2 million customers as cost rises hit hard
Britain's biggest domestic lender Lloyds Banking Group contacted 2 million of its 26 million customers in May after identifying they could need extra support to cope with soaring food and energy prices and rising debt costs.