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A general view of Mumbai's central financial district, India June 13, 2017.

Global economy set to stay on a roll for the rest of the year - Reuters poll

Hari Kishan |Updated 2 hours ago |3 min read

By Hari Kishan BENGALURU (Reuters) - The global economy is likely to carry its solid momentum for the rest of the year and into 2025, defying earlier expectations of a slowdown, according to a Reuters poll of economists who said stronger growth ...

Japanese Finance Minister Shunichi Suzuki speaks during the presidency press conference at the G7 meeting of finance ministers and central bank governors, at Toki Messe in Niigata, Japan, Saturday, May 13, 2023.  Shuji Kajiyama/Pool via

Japan concerned about weak yen's negative effects, Finance Minister says

Reuters |Updated 5 minutes ago |2 min read

By Satoshi Sugiyama and Makiko Yamazaki TOKYO (Reuters) -Japan is concerned about negative effects of the weak yen, Finance Minister Shunichi Suzuki said on Friday, in a fresh warning against speculators as the currency has continued to slide to lows ...

The Anglo American logo is seen in Rusternburg October 5, 2015. Picture taken October 5, 2015.

BHP shares drop on value concerns after $39 billion bid for Anglo American

Reuters |Updated 15 minutes ago |2 min read

By Scott Murdoch and Melanie Burton (Reuters) -BHP Group shares fell 4% on Friday a day after revealing a $38.8 billion bid for Anglo American as investors feared a deal could erode BHP's profitability especially if it has to sweeten its offer. BHP ...

People are seen at a market street in Tokyo, Japan, January 23, 2017. Picture taken on January 23, 2017.

Inflation in Japan's capital slows more than expected, slides below BOJ goal

Leika Kihara |Updated 35 minutes ago |2 min read

By Leika Kihara TOKYO (Reuters) -Core inflation in Japan's capital slowed much more than expected in April and fell below the central bank's 2% target, data showed on Friday, complicating its decision on how soon to raise interest rates. The reading ...

Pedestrians walk past the Bank of Japan building in Tokyo, Japan March 18, 2024.

Bank of Japan may signal near-term rate hike with new price forecasts

Leika Kihara |Updated 2 hours ago |3 min read

By Leika Kihara TOKYO (Reuters) -The Bank of Japan on Friday is set to project inflation will stay near its 2% target in coming years and signal its readiness to raise interest rates from near-zero, in hope of keeping yen bears from pushing the ...

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FICO posts higher profit on scores business strength

Reuters |Updated 4 hours ago |1 min read

(Reuters) - Credit scoring giant Fair Isaac Corp posted a rise in second-quarter profit on Thursday, helped by robust demand for its scores and software businesses. The seven-decade-old company is best known for its FICO Score, the standard ...

A crow sits on wood framing at a commercial construction project in Encinitas, California, U.S., July 30, 2020.

Weyerhaeuser beats quarterly profit estimates on high real estate demand

Reuters |Updated 4 hours ago |1 min read

(Reuters) - U.S. forest product firm Weyerhaeuser on Thursday beat estimates for first-quarter profit on increased demand for housing construction. Tight supply of existing homes in the United States pushed buyers to opt for newly made houses, ...

Signage is seen outside a Capital One Bank in Manhattan, New York, U.S., November 12, 2021.

Capital One's first-quarter profit jumps on interest income boost

Reuters |Updated 4 hours ago |2 min read

(Reuters) - Capital One Financial's first-quarter profit rose 35% as customers paid more on the company's credit-card loans amid higher interest rates. Net interest income (NII) - the difference between what it makes on loans and pays out on ...

Storage tanks and gas-chilling units are seen at Freeport LNG, the second largest exporter of U.S. liquified natural gas, near Freeport, Texas, U.S., February 11, 2023. Reuters/Arathy Somasekhar/File Photo

As demand for US LNG booms, one plant struggles to stay online

Curtis Williams |Updated 5 hours ago |2 min read

By Curtis Williams HOUSTON (Reuters) - The second-largest U.S. liquefied natural gas (LNG) export facility has been running below 80% of its capacity due to technical problems, data from financial firm LSEG showed, denting U.S. exports. Since ...

Bank of Japan Governor Kazuo Ueda attends a press conference after a policy meeting at BOJ headquarters, in Tokyo, Japan March 19, 2024.

Morning Bid: Bank of Japan center stage, US tech supports

Jamie McGeever |Updated 5 hours ago |3 min read

By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets. Asia's market spotlight on Friday falls on the Bank of Japan's policy announcement, as the cat-and-mouse game of when or if Tokyo intervenes in the currency market continues, ...

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