Asia shares rise, dollar supported by elevated bond yields
By Rae Wee SINGAPORE (Reuters) -Asian stocks edged up on Tuesday, though moves were subdued in a holiday-curtailed week, while the greenback held near a two-year high helped by...
China to ramp up fiscal support for consumption next year
BEIJING (Reuters) - China will ramp up fiscal support for consumption next year by raising pensions and medical insurance subsidies for residents as well as expanding consumer...
BOJ debated need for caution in raising rates, Oct minutes show
By Leika Kihara TOKYO (Reuters) -Bank of Japan policymakers agreed in October to keep raising interest rates if the economy moves in line with their forecast, but some stressed...
RBA sees eventual monetary easing amid inflation progress, minutes show
-- The Reserve Bank of Australia will eventually consider loosening monetary policy amid consistent, albeit slow progress in bringing down inflation, the minutes of...
US Fed floats major changes to bank stress tests in light of legal rulings
By Pete Schroeder WASHINGTON (Reuters) -The U.S. Federal Reserve said on Monday it was considering major changes to its annual bank "stress tests" in light of recent legal...
South Korea consumer sentiment weakest since 2022 on political uncertainty
SEOUL (Reuters) - South Korea's consumer sentiment dropped sharply this month to hit the weakest level in more than two years on growing worries about political uncertainty...
Bumpy ride for US corporate bond spreads expected in 2025
By Matt Tracy (Reuters) - It could be a bumpy ride for U.S. corporate bond spreads in 2025, with investors and strategists expecting more market volatility, as the new Trump...
Explainer-What options does PM Trudeau face in Canada's leadership crisis?
By David Ljunggren OTTAWA (Reuters) -The head of a Canadian political party that has been keeping Prime Minister Justin Trudeau in power says he will vote in favor of a motion of...
Bank of Canada's Dec 11 jumbo rate cut was a close call, minutes show
By David Ljunggren OTTAWA, Dec 23 (Reuters) - The Bank of Canada's decision to cut rates by 50 basis points on Dec 11 was a close call, with some members of the governing council...
Biden launches new Chinese chips trade probe, will hand off to Trump
By David Lawder WASHINGTON (Reuters) -The Biden administration announced on Monday a last-minute trade investigation into older Chinese-made "legacy" semiconductors that could...