Fed not anticipated to cut rates before June after easing inflation data, UBS says
- The Federal Reserve is not anticipated to slash interest rates again before June following a softer-than-anticipated core inflation reading earlier this week,...
U.K. government bond yields rise following slow GDP growth
-- The yields on U.K. government bonds have seen an increase following the revelation of slow GDP growth in November and stagnant growth over the three months leading...
China imposes provisional duties on US, EU, Japan, Taiwan industrial plastics
BEIJING (Reuters) -China said on Thursday it would apply provisional duties on imports of industrial plastics from the United States, European Union, Japan and Taiwan after a...
US announces $1.4 billion support for next-generation semiconductor advanced packaging
(Reuters) - The U.S. Department of Commerce on Thursday announced $1.4 billion in final awards to support the next generation of semiconductor advanced packaging.
Futures higher, retail sales data and bank earnings ahead - what's moving markets
- US stock futures advance on Thursday, suggesting equities may be on track to add to gains logged in the previous session. Investors are gearing up for more economic...
UK's Reeves says she will press regulators to help deliver growth
LONDON (Reuters) - Britain's finance minister Rachel Reeves said on Thursday she would press regulators on what more her government can do to deliver growth after data showed the...
Morgan Stanley outlines 'bull' and 'bear' scenarios for Chinese economy
-- China's economy shows resilience but faces potential challenges due to limited policy support and external headwinds, according to Morgan Stanley (NYSE:MS)...
UK economy barely returned to growth in November; monthly GDP rose 0.1%
- The UK economy returned to growth in November, after the contraction seen in the prior month, but economic activity in the fourth quarter remains subdued, piling...
Trump Treasury pick Bessent faces Senate grilling on taxes, trade, deficits
By David Lawder WASHINGTON (Reuters) - President-elect Donald Trump's pick for Treasury secretary, hedge fund manager Scott Bessent, vowed to maintain the dollar's status as the...
Bank of Korea governor says resolving political turmoil key for economy
SEOUL (Reuters) - South Korea's central bank governor said on Thursday that the most important factor determining the health of Asia's fourth-largest economy in the next few...