Economy

Economy News

Wall Street rallies on back of big tech, banks

Wall Street rallies on back of big tech, banks

FILE PHOTO: The New York Stock Exchange (NYSE) in New York City, where markets roiled after Russia continues to attack…
Asia stocks slip with U.S. futures, euro holds gains

Asia stocks slip with U.S. futures, euro holds gains

FILE PHOTO: Men wearing protective face masks walk under an electronic board showing Japan’s Nikkei share average inside a conference…
China’s property market woes expected to worsen in 2022 – Reuters poll

China’s property market woes expected to worsen in 2022 – Reuters poll

FILE PHOTO: Under-construction apartments are pictured from a building during sunset in the Shekou area of Shenzhen, Guangdong province, China…
Quad leaders vow free and open Indo-Pacific, action on climate

Quad leaders vow free and open Indo-Pacific, action on climate

3/3 U.S. President Joe Biden attends an Indo-Pacific Economic Framework for Prosperity (IPEF) launch event at Izumi Garden Gallery in…
Dividend payouts hit first quarter record, but outlook rocky

Dividend payouts hit first quarter record, but outlook rocky

FILE PHOTO: U.S. one dollar banknotes are seen in this illustration taken February 8, 2021. REUTERS/Dado Ruvic/Illustration//File Photo By Lucy…
Fed’s George sees policy interest rate near 2% by August

Fed’s George sees policy interest rate near 2% by August

FILE PHOTO: Kansas City Federal Reserve Bank President Esther George addresses the National Association for Business Economics in Denver, Colorado,…
Fed’s Daly says she does not expect a recession

Fed’s Daly says she does not expect a recession

FILE PHOTO: San Francisco Federal Reserve Bank President Mary Daly poses at the bank’s headquarters in San Francisco, California, U.S.,…
Brazil set to make another 10% cut in import tax rates

Brazil set to make another 10% cut in import tax rates

BRASILIA (Reuters) -Brazil’s government announced on Monday a new 10% reduction in the tax rate for import goods on a…
Top anti-inflation official in Argentina resigns as prices surge

Top anti-inflation official in Argentina resigns as prices surge

FILE PHOTO – A woman shops in a supermarket, in Buenos Aires, Argentina May 4, 2022. Picture taken May 4,…
South Korean inflation expectations at near decade high – survey

South Korean inflation expectations at near decade high – survey

FILE PHOTO: The logo of the Bank of Korea is seen on the top of its building in Seoul, South…
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