Markets Archives • Page 9810 of 10911 • Financial News

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As Fed reiterates rate pause, forecasts likely to be blown off course

Friday's booming U.S. jobs report should give the Federal Reserve all it needs to stick to its plan not to cut interest rates further in the near future, so when U.S. central bankers meet this week, most of the focus will be on their outlook for next year and...

Markets

EU budget rules need rethink, says new commissioner

The EU's new economy commissioner Paolo Gentiloni said the bloc should consider loosening its strict budget deficit rules to respond to climate risks and weak growth, echoing a similar call by French President Emmanuel Macron.

Markets

US banks’ reluctance to lend cash may have caused repo shock: BIS

The unwillingness of the top four U.S. banks to lend cash combined with a burst of demand from hedge funds for secured funding could explain a recent spike in U.S. money market rates, the Bank for International Settlements said.

Markets

Mexico, US draw closer to finalising USMCA: Source

U.S. and Mexican negotiators are "very close" to finalizing the United States-Mexico-Canada Agreement, a Washington-based source familiar with the talks said on Saturday, after a top Mexico official said the two sides had made progress on the trade deal.

Markets

Britain’s Tesco reviews Thai, Malaysian business for possible sale

Britain's biggest supermarket chain Tesco said on Sunday it had started a review of its businesses in Thailand and Malaysia, including looking at a possible sale.

Markets

Jeff Bezos says Amazon wants to work more with the Pentagon

Amazon.com Inc founder Jeff Bezos said it would support the U.S. Department of Defense as technology companies vie for more defense contracts and the Pentagon seeks to modernize itself.

Markets

VW’s German plants need to shape up, says production chief

Volkswagen's German plants need to boost efficiency to match overseas operations, production chief Andreas Tostmann was quoted as saying, targeting 2 billion euros (US$2.2 billion) in savings by 2023.

Markets

Japan’s markets watchdog likely to recommend US$22 million fine against Nissan: NHK

Japan's markets watchdog will likely recommend that the financial regulator fine Nissan Motor Co Ltd about 2.4 billion yen (US$22 million) over false reporting on its financial statement, public broadcaster NHK reported on Sunday.

Markets

Japan’s market watchdog to recommend fine against Nissan over false reporting: NHK

Japan's markets watchdog will likely recommend that the financial regulator fine Nissan Motor Co Ltd about 2.4 billion yen (US$22 million) over false reporting on its financial statement, public broadcaster NHK reported on Sunday.

Markets

Mexico, US draw closer to finalizing USMCA: source

U.S. and Mexican negotiators are "very close" to finalizing the United States-Mexico-Canada Agreement, a Washington-based source familiar with the talks said on Saturday, after a top Mexico official said the two sides had made progress on the trade deal.

Markets

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