BOJ’s Ueda says wage trends key to possible rate hikes, Nikkei reports
TOKYO (Reuters) – Bank of Japan Governor Kazuo Ueda said the next interest rate hikes are “nearing in the sense that economic data are on track,” the Nikkei business daily…
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Is Trump 2.0 bullish or bearish?
Investing.com — As Donald Trump reclaims the presidency, the economic implications of his second term, often referred to as “Trump 2.0,” spark vigorous debate. In a Monday note, Yardeni Research…
French finance minister says budget can still be improved
PARIS (Reuters) – French Finance Minister Antoine Armand said on Saturday that the 2025 budget could still be improved, but stopped short of giving ground in a standoff with the…
New Zealand inks ‘sustainable’ trade deal with Switzerland, Costa Rica and Iceland
SYDNEY (Reuters) – New Zealand signed a trade deal on Saturday with Switzerland, Costa Rica and Iceland to remove tariffs on hundreds of sustainable goods and services, in a move…
Mexico budget proposal trims 2025 deficit, sees better growth
By Anthony Esposito and Ana Isabel Martinez MEXICO CITY (Reuters) – Mexico expects its budget deficit next year to come down to 3.9% of GDP as growth increases, Finance Minister…
Eyenovia to end eye drug study, cut 50% of its workforce
(Reuters) -Eyenovia said on Friday it will discontinue a late-stage study for its experimental drug-device combination to treat near-sightedness and cut about 50% of its workforce. Shares of the company…
Why inflation may not stop tariffs
Investing.com — Despite increased inflation concerns, tariffs are likely to persist in the U.S., as outlined by UBS Chief Economist Paul Donovan. Voters’ concerns about inflation were pivotal in recent…
Will the Fed factor in Trump’s fiscal policy plans at its December meeting?
Investing.com – At a press conference following the Federal Reserve’s decision to slash interest rates by 25 basis points last week, Chair Jerome Powell noted that the potential economic policies of…
Montreal dockworkers’ union rejects offer; lockout begins
By Divya Rajagopal (Reuters) -The Montreal Longshoremen’s Union rejected a final offer made for a new labour contract, leading to a lockout being declared, the Maritime Employers Association (MEA) and…
China’s October new lending tumbles more than expected despite policy support
By Kevin Yao and Liz Lee BEIJING (Reuters) – New bank lending in China fell more than expected in October from the previous month and trailed behind analysts’ expectations as…