BoE delays Basel bank capital rules by one year
LONDON (Reuters) – The Bank of England said on Friday it would delay the implementation of tougher bank capital requirements by one year until January 2027, amid an aggressive pushback against the stricter global standards in the United States. The…
China denies requiring companies, individuals to give data in unlawful manner
BEIJING (Reuters) – The Chinese government “has never and will never” require companies or individuals to collect data for or provide data to it in a way that violates the law, China’s foreign ministry said on Friday. The ministry spoksperson…
Analysis-Investors strap in for prolonged pain in debt-scarred UK markets
By Naomi Rovnick, Nell Mackenzie and Yoruk Bahceli LONDON (Reuters) – Investors who had been enjoying a brief rebound in long-suffering UK markets are hunkering down for a stretch of losses as ructions in the pound, government bonds and stocks…
Column-Worker shortages may define the 2025 economy: Mike Dolan
By Mike Dolan LONDON (Reuters) – For all the trepidation about world trade, debt and inflation, it could well be worker shortages that define economic trends this year – on both sides of the Atlantic. Immigration curbs and deportations form…
BOJ likely to keep hawkish policy pledge, raise rates next week, sources say
By Leika Kihara TOKYO (Reuters) -The Bank of Japan is likely to raise interest rates next week barring any market shocks when U.S. President-elect Donald Trump takes office, and maintain a pledge to keep pushing up borrowing costs if the…
Asia stocks rise on upbeat Chinese data, Japan shares drop amid rate-hike bets
Investing.com– Most Asian stocks rose on Friday, buoyed by gains in Chinese stocks following robust economic data, while Japanese equities declined sharply on expectations of an interest rate hike next week. Gains were limited as regional markets were cautious ahead…