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ECONOMICS

Japan Reverses Course, Increases Interest Rates for First Time in 17 Years

Unlike most major economies, Japan has spent much of the 21st century adhering to a doctrine of extremely low interest rates — so low that since 2016, they were actually
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Argentinian Austerity Measures Show Mixed Results as Inflation Remains High

Many Argentinians are struggling to make ends meet as the South American country's currency continues to lose value despite the spending reforms of newly elected libertarian President Javier Milei. Milei
China Sets Ambitious Growth Target of 5% in Desperate Bid to Salvage Economy
$3.8-Billion JetBlue-Spirit Merger Blocked Over Antitrust Concerns
Massive Data Breach Unveils Espionage, Cyber Vulnerabilities Within China’s Security Systems
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Chinese Companies Retreat From IPO Plans Amid Increased Regulatory Scrutiny, Economic Uncertainty
Where Do Unemployed Chinese Go? The Answer Is in the Library
Deeper Into Deflation: China’s January Economic Data Shows Worsening ‘Balance Sheet Recession’
Saudi Wealth Fund Raises $3 Billion in Debut Green Bonds
DUBAI (Reuters) — Saudi Arabia's Public Investment Fund was set to raise $3 billion on Wednesday, Oct...
FILE PHOTO: Economy illustrations in London
UK Housing Market May Face Perfect Storm as Mortgage Rates Rise, House Prices Drop
By Andy Bruce, Sinead Cruise and Carolyn Cohn, Reuters. LONDON — A surge in borrowing costs and a...
VTB Bank Urges Putin to Curb Western Grain Traders’ Russian Ops
MOSCOW/HAMBURG (Reuters) — Sanctions-hit VTB Bank has urged President Vladimir Putin to curb the activities...
Washington Will Not Nominate Another US Candidate for IDB, Treasury Says
WASHINGTON (Reuters) — The Biden administration will not nominate a candidate from the United States...
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Alongside Push for Digital Currency, Gold Keeps Its Long-term Value
Commentary In recent years, governments and global organizations have been pushing for digital currencies...
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How the Biden Admin Could Restrict Independent Contractors: Explainer
The U.S. Department of Labor is expected to unveil a proposed rule in coming weeks that would make it...
Thyssenkrupp To Soon Announce Annual Financial Results
Europe’s Steel Makers Fear Deepening Crisis From Energy Crunch as Output Halted
GENK, Belgium — Spiraling energy costs have forced steel makers to cut output across Europe, threatening...
Fed Officials Stare Down Markets, Say Inflation is Top Focus
WASHINGTON (Reuters) — U.S. Federal Reserve officials on Monday, Sept. 26 sloughed off rising volatility...
Residential and commercial buildings are pictured in Tokyo
Japan’s Average Land Prices Rise First Since Pre-Pandemic: Govt. Report
TOKYO — Japanese land prices rose in the 12 months to July 1 for the first time since before the pandemic...