Today: October 09, 2026
Today: October 09, 2026

economy

Business|Economy|Finance

BOJ's policy pivot opens scope for faster rate hikes

The Bank of Japan expects interest rate increases to happen faster and more regularly in future as it pre-empts risks of an inflation overshoot, sources said

Business

OPEC+ oil producers set to keep output targets steady at Sunday meeting, sources say

(Adds missing word, paragraph 6) By Olesya Astakhova and Ahmad Ghaddar LONDON, Sept 30 - OPEC+ oil-producing countries are likely to keep their oil production targets steady for November when they

Business|Economy

UK economy grew faster than thought in second quarter, cementing G7 lead

Britain's economy grew more quickly than previously thought in the second quarter, consolidating its position as the fastest-growing Group

Arts|Economy|Europe|Finance

French preliminary inflation up at 3.4% in September

French consumer prices rose more than expected in September, preliminary data from the INSEE statistics agency showed on Wednesday.

Arts

Fed's Williams sees no urgency for next rate hike

By Michael S.

Business|Economy|Finance|Technology|World

Fed's Barr says more rate hikes likely to be needed to curb inflation

Federal Reserve Governor Michael Barr on Tuesday made a renewed case for further interest rate hikes, noting that high energy prices and a surge in AI-related

Business|Economy|Finance

Bank of England's Taylor views case for rate hike as 'not compelling'

The case for raising interest rates will remain weak until high energy prices translate into clearer signs of inflation spreading across the broader economy, Bank of

Economy|Education

Students protest and public sector workers strike ahead of French budget

French high school students blockaded dozens of schools and public sector workers went on strike on Tuesday, voicing discontent

Election

Britain’s PM is on a ‘Burnham bounce.’ When will he fall to earth?

Britain’s PM is on a ‘Burnham bounce.’ When will he fall to earth?

Finance

Brazil debt profile worsens as floating-rate share hits fresh high

Brazil's share of debt linked to the benchmark Selic rate jumped to 52.7% in August from 51.1% in July, Treasury data showed on Monday, extending a deterioration in the

Economy|Political|World

Chile's Kast unveils $1.3 billion plan to create 100,000 jobs

SANTIAGO, Sept.

Arts|Business|Economy|Science|Technology

Fed's Cook sees further inflationary pressures ahead 

Federal Reserve Governor Lisa Cook said on Monday she expects continued inflationary pressure in coming months stemming from AI-related demand and higher oil

Economy|Finance

Russia raises 2027 military spending by 27%, budget documents show

By Darya Korsunskaya MOSCOW, Sept 28 - Russia plans to spend 17.1 trillion roubles ($202.58 billion) on defence in 2027, around 27% more than the 13.5 trillion roubles originally budgeted and the

Business|Economy

China's cabinet pledges stronger policy support to meet growth target

China's cabinet pledged on Monday to step up counter-cyclical policy support to address rising economic strains, signalling greater urgency to shore up growth and keep the

Business|Finance|Stock Markets

Entering the home stretch

Nervy bond markets face another test this week as they navigate the ends of both the month and the third quarter on Wednesday, with the September US employment report

Arts|Economy|Technology

Why the AI boom makes inflation harder to tame

Why the AI boom makes inflation harder to tame

Business|Economy|Europe|Finance|MidEast|Stock Markets

A new neutral rate, much like a decades-old one

A look at the day ahead in European and global markets from Wayne Cole. It's been a bit of a random walk in Asia so far, with oil and yields up, stocks mixed, gold down and the dollar flat.

Business|Economy|Finance

Bank of Japan debated need for faster rate hikes, July minutes show

Many Bank of Japan policymakers saw the need to focus on mounting inflation risks, with some calling for faster interest rate increases, minutes of their

Arts|Business|Economy|Finance|Stock Markets|US|World

Wall Street week ahead: consumer confidence, inflation, employment updates

Wall Street has a busy week ahead with important updates on inflation, the jobs market and consumer confidence

Business|Economy|Finance

Americans still feel worse about the economy than at almost any point in modern history

Americans still feel worse about the economy than at almost any point in modern history

Business|Finance

Brazil mid-September inflation exceeds forecasts ahead of tight election

Brazil's mid-September inflation accelerated more than expected, official data showed on Friday, adding to concerns about persistent price pressures as voters head into

Economy

Rush of money, campaign stops show Republicans feel vulnerable in Iowa, Kansas

With midterm elections just over a month away, Republican heavyweights have been jetting across the country to campaign and outside groups have

Business|Economy|Finance|Political

BoE's Bailey says high energy prices make it harder to leave rates on hold

Bank of England Governor Andrew Bailey said on Friday that persistently high energy prices would make it harder for the central bank to leave interest rates on hold, underlining a

Arts

Singapore population hits record 6.21 million, driven by rise in foreign residents

Singapore's population rose 1.6% in June compared to a year ago, hitting a new high of 6.21 million, government statistics released on Friday showed.  

Economy

Trump welcomes China's Xi with fanfare, but no breakthroughs emerge

US President Donald Trump welcomed Chinese President Xi Jinping to the White House on Thursday for a lavish summit that was

Economy

Senate rejects resolution to halt the Iran war as gas prices upend midterms

Despite increasing political anxiety over Iran war, senators narrowly rejected a war powers resolution

Business|Economy|Finance|Stock Markets|US

US current account deficit widens sharply in second quarter

The US current account deficit widened sharply in the second quarter amid a surge in imports of goods, government data showed on Thursday.

Arts|Economy|Europe

Canada July retail sales fall 0.7%; seen up 1.3% in August

Canadian monthly retail sales fell by 0.7% in July, marginally better than an average of analysts' expectations, primarily led by declines at general

Business|Economy|Finance|Stock Markets|US|World

Dollar ascends to fresh 2-month high on inflation worry, Fed hike expectations

The dollar hit a fresh two-month high on Thursday as Treasury yields rose and expectations of further Federal Reserve interest rate hikes

Business|Economy|Finance

Mortgage rates top 7%, dealing a further blow to the frozen housing market

Mortgage rates top 7%, dealing a further blow to the frozen housing market

Arts|Business|Economy|Education|Finance|Science|Technology|World

Fed again hoping for a pain-free landing from current inflation spike

US Federal Reserve officials, who have begun hiking interest rates to tame high inflation, believe they can do so

Business|Economy|Finance|World

BOJ could raise rates every quarter, ex-policymaker says

The Bank of Japan is expected to raise interest rates roughly once every three months and push them up to 2% by around June next year to

Australia|Business|Economy

Australia housing runs out of rescuers as RBA is set to hike rates

For decades, whenever house prices in Australia fell, the central bank rode to the rescue with rate cuts to shore up economic demand and keep households

Business|Finance|World

Trading Day: US yields cross 5% threshold​

US bond yields soared on Wednesday, in many cases to the highest since 2007, and expectations of an interest rate hike next month surged, after

Business|Finance|Technology|World

Microsoft plans $10 billion-plus Gulf investment with focus on resilience

Microsoft is planning to invest more than $10 billion across the United Arab Emirates, Saudi Arabia, Qatar and Kuwait between now and 2030, including in

Uncategorized

Brazil central banker says predictable rate moves best response to uncertainty

Brazil's central bank monetary policy director Nilton David said on Wednesday that the best response to the current uncertainty was to pursue smooth and predictable

Economy|Election|Finance

Morocco reports lower turnout in parliamentary elections

Morocco's interior ministry reported a lower turnout of 38.02% in the country's parliamentary election on Wednesday, down from 50% in the last vote in

Arts|Business|Election|Interview

Republicans may have gerrymandered their way into a Texas-sized Latino problem

South Texas unfurls in long stretches of highways across flat landscapes

Business|Economy|Finance

China central bank to inject more liquidity as Golden Week nears

China's central bank said on Wednesday that it would inject up to 1 trillion yuan ($149 billion) per day via short-term liquidity tools around the turn of the month as

Business|Economy|Finance|Stock Markets

BofA forecasts two BoE rate hikes as energy prices stoke inflation concerns

Bank of America Global Research became the latest brokerage to expect the Bank of England to raise interest rates twice over the next six months, as higher energy prices raise the

Economy|Election

Takeaways: What a new AP-KFF survey reveals about rural American voters

A new survey points to economic frustration among a key group that has largely backed Donald Trump and other Republicans in recent elections

Political|World

Pakistan tightens security ahead of march planned by Imran Khan's party

Pakistan curbed access on Wednesday to its capital, Islamabad, ahead of a march planned by supporters of jailed former Prime Minister Imran Khan,

Business|Economy|Finance|World

Sri Lanka economy resilient but risks remain tilted to downside, IMF says

The International Monetary Fund said on Wednesday that Sri Lanka's economy continues to show resilience amid successive shocks but is still facing risks tilted to the downside, as

Africa|Asia|Australia|Business|Economy|Europe|Finance|Stock Markets|US|World

A$ gets a bit part as AI steals the show

A look at the day ahead in European and global markets from Wayne Cole.

Business|Economy|Finance|Science|Technology

Fed's Barkin says economy may be firming, inflation not limited to energy, tariff shocks

US economic conditions "are, if anything, firming," with continued consumer spending and strength beyond the boom in artificial intelligence keeping

Economy|Finance

New Zealand central bank chief sees risks to economy, inflation

New Zealand's top central banker said on Tuesday if recent gains in oil prices persist it would lead to "somewhat" higher inflation than previously forecast, adding that

Business|Economy|Finance

Qatar's wealth fund and JP Morgan Asset Management to launch $20 billion partnership

Qatar's sovereign wealth fund QIA and JP Morgan Asset Management plan to launch a $20 billion strategic partnership across public and private markets in

Arts

Goolsbee rejects idea of Fed cutting rates to help US finance its debt

Suggestions that the Federal Reserve could lower borrowing costs to help the US government finance its current debt and deficits are the very reason

Europe

Europe's STOXX 600 rallies on tech, banks strength as oil prices retreat

A rally in heavyweight banks and technology stocks lifted European shares on Monday, while oil prices slumped for the fourth consecutive

Arts|Economy|Entertainment|Europe|Interview|MidEast|Opinion|Science|Technology

Fed's Kashkari says inflation is still too high in 'all aspects' of US economy, in Fox News interview

Minneapolis Federal Reserve President Neel Kashkari said on Sunday that inflation is too high across all sectors of the US economy, not just in rising oil prices.

Business|Economy|Finance|Technology

Federal Reserve rate hike reflects new world of sticky inflation and faster growth

President Donald Trump has renewed his attacks on the Federal Reserve after it hiked its benchmark interest rate Wednesday, but the Fed matters less than broader economic trends when it comes to longer-term borrowing costs, economists say

Arts|Business|Economy|Election|Entertainment|Finance

Rising gas prices frustrate voters. Trump says it's an 'inexpensive price to pay' for the Iran war

Voters across the nation say skyrocketing gas prices are causing financial hardships for their families

Economy|Health|World

Trump’s sanctions, inflation and a collapsing economy leaves Iran’s sick exposed

Trump’s sanctions, inflation and a collapsing economy leaves Iran’s sick exposed

Finance

China keeps benchmark lending rates unchanged for 16th month in September

China kept its benchmark lending rates unchanged for the 16th straight month on Sunday, in line with market expectations.

Business|Economy|Finance|Stock Markets|World

America In Focus: Affordability concerns rise as Fed hikes key rate, mortgage rate reaches nearly 7%

The Federal Reserve raised its benchmark interest rate Wednesday for the first time since 2023 in an effort to quell stubbornly high inflation, and the central bank signaled another rate hike could occur later this year

Arts|Entertainment|Europe|Food|Travel|World

Munich’s Oktoberfest roars to life as the mayor taps the first keg

Munich's Oktoberfest has kicked off with the city's mayor tapping the first beer keg, marking the start of the 191st edition of the festival

Arts

Carney says Canada is ‘strong’ as US borrowing costs rise and Europe ties deepen

Canadian Prime Minister Mark Carney has returned from Europe and cast Canada as moving quickly beyond its historic reliance on the United States

Arts|Europe|Finance

Why France's budget problems have driven its bond risk premium to 2012 highs

The premium France pays to borrow on the bond markets compared to Germany rose to more than a whole percentage point on Friday for

Asia|Business|Europe|Finance

Dollar advances vs yen as BOJ dissent clouds rate-hike outlook

The dollar jumped against the yen on Friday after two policymakers at the Bank of Japan dissented from a widely expected decision

Economy|Europe|Political

Italy's debt burden rising at alarming rate, economy minister says

The cost of servicing Italy's public debt is rising at "an alarming rate" in the wake of geopolitical tensions, Economy Minister Giancarlo Giorgetti said on

Arts

Cross-border property investment jumped 56% in first half, data shows

Cross-border investment into commercial property globally jumped 56% to $71.8 billion in the first half of this year, driven by more deals in Asia and

Arts|Economy|Entertainment

Thailand to extend its consumer subsidy programme, PM says

Thailand will extend its consumer subsidy programme using 40 billion baht ($1.20 billion) remaining from the first phase, Prime Minister Anutin Charnvirakul said on Friday

Election|Political

Russians vote in election that Putin sees as gauge of support for his war

Russians began voting on Friday in a three-day parliamentary election which President Vladimir Putin has said will show that millions of people back his

Business|Economy|Finance

BOJ struggling to keep pace with hiking partners

A look at the day ahead in European and global markets from Tom Westbrook The Bank of Japan raised interest rates, as expected, though it knocked the yen by sounding a fraction less hawkish than its

Arts

Japan's central bank raises benchmark interest rate to 1.25%

Japan’s central bank has raised the benchmark interest rate to 1.25% from 1.0%, a 31-year-high

Business|Economy|Finance

Australia's central bank chief warns inflation risks materialising

Australia's top central banker said on Friday some of the upside risks to inflation flagged by policymakers appeared to be

Arts|Business|Economy|Finance|Stock Markets|US

US stocks rally to their best day in 6 weeks after oil prices and bond yields ease

The U.S. stock market rallied to its best day in six weeks after oil prices fell and pressure from the bond market eased

Business|Economy|Finance|World

Why the Federal Reserve is lifting rates now, and what it means

About six weeks ago, Federal Reserve Chairman Kevin Warsh announced that a divided central bank was keeping its key interest rate unchanged

Economy|Europe

France plans €54 billion savings drive as protests grow

France's government plans to include a €54 billion savings drive in its 2027 budget to stop the fiscal deficit spiralling out of control,

Business|Economy|Finance

Bank of England shifts tone toward rate hikes as inflation set to top 4%

The Bank of England kept interest rates on hold on Thursday but warned they might have to go up if the Iran war drags on, while predicting

Arts

A timely hike

Stocks edged up early on Thursday as investors digested the Federal Reserve's first interest rate hike in three years.

Arts|Business|Economy|Entertainment|Finance

Struggling US home buyers, and market, face new hurdles as mortgage rates near 7%

Mortgage buyer Freddie Mac's latest snapshot of mortgage rates is due out later Thursday and expected to show that the average rate for a 30-year mortgage rose again this week, moving closer to 7%

Arts|Economy|Entertainment|Finance|Lifestyle

Fed builds credibility, but hawkish turn leaves investors edgy

Investors are gaining more confidence in the Federal Reserve's inflation-fighting backbone, but uncertainty

Arts

European stocks rise after Fed hike as oil slips, yields stabilise

European shares rose on Thursday as lower oil prices and a pause in the global bond selloff lifted risk appetite after the US Federal Reserve