Economy

Economy News

Nearly 70% of Japan’s companies see hit to earnings from Ukraine crisis – Reuters Poll

By Tetsushi Kajimoto TOKYO (Reuters) – Nearly 70% of Japanese firms expect the fall-out from the crisis in Ukraine to hurt earnings, a Reuters poll showed, with a majority of.

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Business Economy News

Exxon, BHP to invest $291 million to expand gas output off Australia

By Sonali Paul and Sameer Manekar MELBOURNE (Reuters) -Exxon Mobil Corp and BHP Group (NYSE:BHP) said on Thursday they will go ahead with a project to boost gas output from.

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Economy News

Explainer – The U.S. yield curve has been flattening: Why you should care

By Davide Barbuscia and David Randall NEW YORK (Reuters) – The U.S. Treasury yield curve flattened further on Wednesday, as the Federal Reserve increased interest rates for the first time.

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Economy News

Pandemic sends 4.7 million more people into extreme poverty in SE Asia – ADB

MANILA (Reuters) – The pandemic added 4.7 million more people to Southeast Asia’s most extreme poor in 2021, reversing gains made in fighting poverty, the Asian Development Bank (ADB) said.

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Economy News

Biden’s nominee for top Fed regulatory post bows out

(Reuters) -Sarah Bloom Raskin on Tuesday withdrew as President Joe Biden’s nominee to become the top bank regulator at the Federal Reserve, one day after a key Democratic senator and.

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Economy News

For one Japanese salaryman, nearly a decade of $4 annual pay rises

By Elaine Lies TOKYO (Reuters) – Japanese accountant Masamitsu has not travelled or gone to the cinema in years and rarely eats out. Instead, his annual salary of about $34,000.

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Business Economy News

Russia rouble payment of USD coupons would be a sovereign default -Fitch

NEW YORK (Reuters) – Credit ratings agency Fitch said on Tuesday that if Russia were to make two U.S. dollar bond coupon payments due Wednesday in roubles, it would constitute.

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Economy News

U.S. Treasuries show foreign inflows in January for 3rd month

NEW YORK (Reuters) – Net foreign inflows into Treasuries rose for a third straight month in January in the amount of $74.36 billion, data from the U.S. Treasury department showed.

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Business Economy News

U.S. money markets bet on higher, earlier terminal fed funds rate

LONDON (Reuters) -A key money market indicator is now pricing U.S. interest rates peaking at a higher level than previously forecast, as traders bet that the Federal Reserve will prioritise.

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Economy News

Philippines sees Ukraine conflict having ‘temporary’ impact on economy

MANILA (Reuters) – The impact of the Russia-Ukraine conflict on the Philippine economy is expected to be temporary, Economic Planning Secretary Karl Chua told a media briefing on Tuesday. “We.

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