Category: Economy News
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Japan to monitor economic fallout of increasing yen strength, declares finance minister
Japan’s Finance Minister Shunichi Suzuki announced on Tuesday that the government will closely monitor the impact of the strengthening yen on the economy and take appropriate actions in response. Suzuki
DetailMicrosoft announces $60 billion share buyback program for improved investor value
Microsoft announced on Monday that its board has approved a new share buyback program totaling up to $60 billion. The tech giant also declared a quarterly dividend of $0.83 per
DetailHigher Odds of Fed Making Significant Interest Rate Increase Seen in US Interest Rate Futures
Futures on the fed funds rate are indicating a strong possibility of a 50 basis-point rate cut by the Federal Reserve on Wednesday, according to calculations. The odds of a
DetailUS inflation at turning point, White House’s Brainard says, prompting focus on jobs
Top White House economic adviser Lael Brainard stated on Monday that the U.S. economy has made significant progress in lowering Inflation and now needs to focus on maintaining recent advancements
DetailKazakhstan’s Metal-Rich Industry Aims to Secure Role in Battery Supply Chain
Kazakhstan is ramping up efforts to increase production of metals crucial for electric vehicle (EV) batteries by issuing hundreds of new exploration licenses to attract fresh investment in the sector,
DetailLas Vegas shows signal Fed’s ‘soft landing’ as a likely outcome
LAS VEGAS/RENO, Nevada – The labor market in Las Vegas and across Nevada has historically been a key indicator of economic trends in the United States. As the Federal Reserve
DetailFed prepares for interest rate cut: Reuters
LONDON – An eventful week is on the horizon, with central banks worldwide convening. The Federal Reserve is expected to announce its first interest rate cut in four years, while
DetailTaiwan to Hold Rates Steady Amid Inflation Concerns: Reuters Poll
Taiwan’s Central bank is expected to maintain its current policy interest rate this week as it navigates concerns about Inflation, according to a Reuters poll of economists. The benchmark discount
DetailBrazil’s Supreme Court approves spending on drought and wildfire relief, despite missing fiscal target
Brazil’s Supreme Court has granted authorization for the government to exclude expenses related to wildfires and droughts in the Amazon and Pantanal regions from this year’s fiscal target. The decision
DetailIsrael’s CPI Surges to 10-Month High of 3.6% in August, Showing Signs of Strong Economic Growth
Israel’s Inflation rate spiked in August to the highest level in almost a year, according to data from the Central Bureau of Statistics. The annual Inflation rate climbed to 3.6%
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