Japanese Pay Increases This Year Must Exceed Last Year's, Rengo Union Head Says
TOKYO (Reuters) - Japanese annual pay increases this year must exceed the 5.1% secured last year because real wages continue to fall, the head of the Rengo trade union group told Reuters on Friday.
Wall Street Regulator Revokes Accounting Guidance on Crypto Assets
(Reuters) - The U.S. Securities and Exchange Commission (SEC) rescinded on Thursday accounting guidance long opposed by the cryptocurrency industry, an early move in President Donald Trump's pivot ...
Oil Falls on Prospect of Trump Pushing up Crude Supplies
(Reuters) - Oil markets sank on Friday, a day after U.S. President Donald Trump pressured OPEC and its de facto leader Saudi Arabia to lower prices in a broad push to drive up crude production. Brent ...
Australia's Corporate Watchdog Assessing Regulatory Response Options After ASX CHESS Outage
(Reuters) - Australia's corporate regulator said on Friday it was assessing all options for a regulatory response, after bourse operator ASX's clearing and settlement software CHESS broke down last ...
China Cenbank Conducts Medium-Term Loan Operation, Rate Unchanged
The People's Bank of China (PBOC) lent 200 billion yuan ($27.46 billion) worth of one-year medium-term lending facility (MLF) loans to some financial institutions at 2.00%, unchanged from the previous ...
Stargate Artificial Intelligence Project to Exclusively Serve OpenAI, FT Reports
(Reuters) - Stargate, the joint venture by OpenAI, SoftBank and Oracle to develop data centers for artificial intelligence in the U.S., will exclusively serve ChatGPT maker OpenAI, the Financial Times ...
Yen on Guard Ahead of BOJ Decision; Dollar Set for Weekly Loss
The BOJ concludes its two-day policy meeting later in the day and markets have fully priced in a 25-basis-point hike, with ...
Tesla Announces Revamped Model Y Version in US Priced at $59,990
(Reuters) - Tesla launched a revamped version of its Model Y car in the United States on Thursday, with a starting price of $59,990. The automaker will begin deliveries of the new version of the Model ...
Japan Factory Activity Sinks to Lowest Level in 10 Months, PMI Shows
TOKYO (Reuters) - Japan's factory activity slumped to the lowest level in 10 months on sluggish demand though the service sector strengthened further in January, preliminary business surveys showed on ...
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Venture Global LNG Raises $1.75 Billion After Pricing US IPO
(Reuters) -Venture Global LNG has raised $1.75 billion after pricing its U.S. initial public offering within range, the ...
UK Consumer Morale Sinks to Lowest Since Late 2023: GfK Survey
The monthly consumer confidence index published by market research firm GfK fell in January to -22 from -17 in December, its lowest reading since December 2023. A Reuters poll of economists had ...