By Andrea Shalal WASHINGTON (Reuters) – The International Monetary Fund sees scope for a further gradual, safe recalibration of China’s…
South Korea revised Q3 GDP +0.3% q/q, in line with earlier estimate
SEOUL (Reuters) – South Korea’s economy grew in the third quarter by a seasonally adjusted 0.3% from a quarter earlier,…
Stocks rally, yields and dollar fall as Powell signals slower hikes
By Sinéad Carew NEW YORK (Reuters) – Wall Street equities closed sharply higher on Wednesday while U.S. Treasury yields declined…
U.S. Commerce secretary: Competing with China not ‘easy’
By David Shepardson WASHINGTON (Reuters) – U.S. Commerce Secretary Gina Raimondo said on Wednesday Washington must do more to counter…
Marketmind: Waiting on Beijing
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. The surprisingly dovish…
Emerging market policymakers dare to hope for brighter 2023
(Reuters) – Policymakers in Asia and Africa voiced growing economic optimism at a Reuters conference on Wednesday, chiming with a…
BlackRock backs banks, cuts European, EM debt as part of ‘new playbook’
By Davide Barbuscia and Marc Jones NEW YORK (Reuters) -Asset manager BlackRock has said 2023 will require a new investment…
Yellen says she ‘certainly’ plans to remain as Treasury secretary
NEW YORK (Reuters) – U.S. Treasury Secretary Janet Yellen on Wednesday said she “certainly” planned to stay on in her…
Yellen says unemployment rate in 4% range is ‘healthy’
NEW YORK (Reuters) – U.S. Treasury Secretary Janet Yellen said on Wednesday that she was not sure what an acceptable…
Honda to develop advanced level 3 self-driving technology by 2029
TOKYO (Reuters) – Honda said it would develop technology enabling its level 3 self-driving capability to function at any speed…