By Leika Kihara TOKYO (Reuters) -Bank of Japan Governor Haruhiko Kuroda said on Friday wages must rise by around 3%…
Amazon layoffs to extend into 2023
(Reuters) – Amazon.com Inc said on Thursday there would be more role reductions as its annual planning process extends into…
Indonesia central bank deputy gov says Nov inflation could come in at 5.5%
JAKARTA (Reuters) – Indonesia’s headline inflation in November could come in at 5.5%, or lower than previous month when headline…
Bankrupt FTX’s new CEO outlines fund abuses, untrustworthy records
(Reuters) -The executive hired to steer FTX Group through bankruptcy offered his first findings of improper fund transfers and poor…
Alibaba quarterly revenue misses expectations as spending slows
(Reuters) – Chinese e-commerce giant Alibaba Group Holding Ltd posted a low single-digit rise in quarterly revenue on Thursday, slightly…
More Britons to pay top income tax rate in budget squeeze
By Andrew MacAskill LONDON (Reuters) -More Britons will pay the top rate of income tax under government plans announced on…
Silver heads for biggest deficit in decades, Silver Institute says
LONDON (Reuters) – Global demand for silver is expected to rise 16% this year to 1.21 billion ounces, creating the…
Fed to lift rates by 50 basis points, but peak policy rate may be higher: Reuters Poll
By Prerana Bhat BENGALURU (Reuters) – The Federal Reserve will downshift in December to deliver a 50-basis-point interest rate hike,…
Wall Street drops as hawkish Fed official comments weigh
By Lewis Krauskopf, Ankika Biswas and Amruta Khandekar (Reuters) – Wall Street’s main indexes ended modestly lower on Thursday in…
Brazil VP-elect Alckmin vows debt reduction, seeks to appease markets
BRASILIA (Reuters) – Brazil’s incoming government will be fiscally responsible, Vice President-elect Geraldo Alckmin said Thursday, promising a budget surplus…