Browsing Category
Economic News
Analysis-Why PayPal’s stablecoin is likely to succeed where Facebook’s Libra failed
By Hannah LangWASHINGTON (Reuters) - PayPal (NASDAQ:PYPL)'s stablecoin is likely to succeed where Facebook's failed, thanks to the…
Analysis: Why is China not rushing to fix its ailing economy?
By Laurie Chen and Yew Lun TianBEIJING (Reuters) - With China at risk of tipping into prolonged stagnation and a spiralling property…
Markets on guard for US, China inflation risk
By Nell MackenzieLONDON/SYDNEY (Reuters) -World shares dipped on Monday after a mixed U.S. jobs report triggered a rally in beaten-down…
Equities inch up; dollar heads for third weekly gain ahead of US payrolls
By Amanda Cooper and Elizabeth HowcroftLONDON (Reuters) - Global equities inched higher on Friday, while the dollar headed for a third…
JPMorgan to expand online bank Chase to Germany, EU – Handelsblatt
FRANKFURT (Reuters) -JPMorgan will expand its online bank Chase to Germany and other European Union countries, CEO Jamie Dimon told German…
IMF chief: Prospects for medium-term global growth weak
GANDHINAGAR, India (Reuters) - Global economic activity is slowing, especially in the manufacturing sector, and medium-term growth prospects…
Wall St slides as labor data stokes rate hike concerns
(Reuters) - Wall Street's main indexes opened lower on Thursday as data signaling a resilient labor market and hawkish minutes of the…
Fed meeting minutes to offer clues on future rate hike appetite
By Michael S. Derby(Reuters) - Federal Reserve meeting minutes from the June policy gathering to be released on Wednesday are likely to…
Pakistan clinches crucial $3 billion IMF bailout
By Asif ShahzadLAHORE, Pakistan (Reuters) -The International Monetary Fund (IMF) has reached a staff-level pact with Pakistan on a $3…
Fed’s Powell: Most U.S. policymakers see two or more rate hikes ahead
(Reuters) - With U.S. inflation well above the Federal Reserve's 2% goal and a labor market that's still very tight, most of the central…