OTTAWA (Reuters) -The Bank of Canada on Friday started registering payment service providers as part of a plan to bring them under its regulation and promote secure and reliable digital transactions. Critics have complained that Canada’s digital payment infrastructure is […]
Bank of Canada begins registration of payment service providers Read More »
By Ann Saphir (Reuters) -Federal Reserve policymakers look all but certain to reduce short-term borrowing costs by a modest quarter of a percentage point at their policy meeting next week, their confidence that the labor market is cooling but not crashing
Fed seen on track for 25-basis-point rate cuts next week and in December Read More »
(Reuters) – U.S. job growth slowed sharply in October amid disruptions from hurricanes and strikes by aerospace factory workers, but the unemployment rate held steady at 4.1%, offering assurance that the labor market remained on solid footing ahead of Tuesday’s
Weak US Oct payrolls growth skewed by storms, strikes Read More »
By Yoruk Bahceli, Amanda Cooper and Harry Robertson LONDON (Reuters) -Short-term British government borrowing costs headed for their biggest weekly jump in over a year on Friday, while the pound faced its longest stretch of weekly losses in six years
UK gilt market faces worst week in months as budget rattles investors Read More »
By Lisa Pauline Mattackal (Reuters) -U.S. stock futures rose on Friday, buoyed by strong Amazon results offsetting the previous session’s tech selloff, with investors awaiting nonfarm payrolls data for insights on the Federal Reserve’s key policy rate trajectory. Amazon.com soared
Futures rise as Amazon earnings lift sentiment ahead of jobs data Read More »
TOKYO (Reuters) – The Bank of Japan should wait for at least six months before hiking interest rates, until there are signs of sustainable wage gains above inflation, the head of the opposition party that the ruling LDP is courting
BOJ should wait at least six months for rate hike, says key opposition leader Read More »
By Pranav Kashyap (Reuters) -European shares climbed on Friday, buoyed by a rally in energy stocks, but remained on track for their worst week in nearly two months as a tightly contested U.S. presidential election kept investors on edge. The
European stocks climb on energy boost; headed for weekly losses Read More »
By Ariba Shahid KARACHI (Reuters) – Pakistan’s central bank is expected to cut its key interest rate further at its policy meeting on Monday, with policymakers continuing their efforts to revive a fragile economy as inflation eases off recent record
Pakistan central bank set to deliver fourth consecutive rate cut to revive economy Read More »
HONG KONG (Reuters) – Mauritius’s communications regulator ordered all internet service providers to suspend access to social media platforms on Friday to Nov. 11, a day after the upcoming general election, as the country reels from a wiretapping scandal. Some
Hong Kong September retail sales fall 6.9% Read More »
LUANDA (Reuters) – Angola’s government anticipates a budget deficit of 1.65% of gross domestic product (GDP) in 2025, slightly higher than this year’s projected 1.46% deficit, draft budget documents showed. The draft 2025 budget of Africa’s second-largest crude oil exporter
Angola’s draft budget forecasts 2025 deficit of 1.65%/GDP Read More »
