Financial News

Japan’s union group to seek 6% wage rise at next spring’s talks

Japan’s union group to seek 6% wage rise at next spring’s talks

Members of the workers’ union UA Zensen watch a video, during a kick-off rally for the annual «shunto» wage negotiations,…
Morgan Stanley warns of potential economic instability in India due to sustained oil prices

Morgan Stanley warns of potential economic instability in India due to sustained oil prices

  Morgan Stanley’s team has issued a warning that sustained oil prices at $110 per barrel could destabilize India’s economy…
Barclays predicts U.S. Federal Reserve rate hike in January

Barclays predicts U.S. Federal Reserve rate hike in January

Barclays’ economists have revised their expectations for the next U.S. Federal Reserve interest rate hike to January, a shift from…
ECB aims for 2% inflation rate by 2025, highlighting climate change risks

ECB aims for 2% inflation rate by 2025, highlighting climate change risks

© Shutterstock   European Central Bank (ECB) President Christine Lagarde reiterated the institution’s commitment to achieving a 2% inflation rate…
China’s youth employment generally stable, continues to improve — state media

China’s youth employment generally stable, continues to improve — state media

FILE PHOTO: Job seekers attend a job fair in Beijing, China February 16, 2023. REUTERS/Florence Lo/File Photo BEIJING (Reuters) —…
Sweden’s economy braces for contraction amid high interest rates, says Nordea Bank

Sweden’s economy braces for contraction amid high interest rates, says Nordea Bank

Scandinavia’s largest bank, Nordea Bank Abp (OTC:NRDBY), has revised its prediction for Sweden’s GDP in 2024, now forecasting a 0.5%…
Interest rate hike looms as RBA weighs inflation and global pressures

Interest rate hike looms as RBA weighs inflation and global pressures

  The Reserve Bank of Australia (RBA) is contemplating an interest rate hike, potentially pushing the decision by a month…
Bank of Japan anticipates moderate recovery amid potential rate hikes

Bank of Japan anticipates moderate recovery amid potential rate hikes

  Bank of Japan (BOJ) Governor Kazuo Ueda has expressed optimism for a sustained moderate recovery of the Japanese economy,…
Take Five: You (may) have arrived at your destination

Take Five: You (may) have arrived at your destination

FILE PHOTO: The U.S. Federal Reserve building in Washington, D.C./File Photo   LONDON (Reuters) -This week will have plenty to…
US MBS market sees cautious optimism despite macroeconomic pressures

US MBS market sees cautious optimism despite macroeconomic pressures

Cautious optimism was the prevailing sentiment at the ABS East event held on Monday, regarding the US Mortgage-Backed Securities (MBS)…
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