Japan’s government ‘alarmed’ by recent forex moves, top officials say
By Makiko Yamazaki TOKYO (Reuters) – Top Japanese finance officials said on Friday the government is “alarmed” by recent foreign exchange moves and is ready to intervene if speculative moves were deemed excessive, as the yen resumed its rapid downturn….
Column-Intervention to halt dollar merely gives it legs :Mike Dolan
By Mike Dolan LONDON (Reuters) – The U.S. dollar’s latest surge has forced central banks around the world to lean against it, selling greenback reserves to stabilise local currencies but potentially exaggerating dollar strength into the bargain and sowing problems…
Singapore’s low inflation not enough for a January easing, analysts say
By Bing Hong Lok SINGAPORE (Reuters) – Slowing inflation has created room for Singapore’s central bank to ease monetary policy in January but it may wait until later in 2025 so it can assess incoming U.S. President Donald Trump’s policies,…
US House Speaker Mike Johnson’s future hangs in balance as he scrambles for funding deal
By James Oliphant WASHINGTON (Reuters) – Mike Johnson’s hold on the speakership of the U.S. House of Representatives has been tenuous almost since the day he was elected. The Louisiana Republican only ended up with the job in October 2023…
Morning Bid: One last hurdle remains for the year
A look at the day ahead in European and global markets from Stella Qiu 2024 is almost over. Several central banks have concluded their final policy meetings of the year – some held steady and others cut, but all of…
Rapprochement between Volkswagen and union in wage talks, sources say
(Reuters) – There has been rapprochement between Volkswagen (ETR:VOWG_p) and the IG Metall union during the longest-ever talks over pay and job security, sources close to the negotiations told Reuters on Friday, without providing further details. The fifth round of…