NEW YORK, Jan 24 Reuters A strong U.S. economy and pushback from central bank officials is leading some investors to rethink their bets on how quickly the Federal Reserve will cut rates this year, a shift that is rippling through Treasury and foreign exchange markets even as stocks sit near record highs. Expectations that the […]

TOKYO, Jan 24 Reuters Japan39;s biggest business lobby Keidanren and trade unions kicked off annual labour talks on Wednesday that may pave the way for the central bank to exit its decadelong superloose monetary policy. The talks come a day after the Bank of Japan BOJ took a hawkish turn in policy even as it maintained its […]

AMSTERDAM, Jan 24 Reuters Chipmaking equipment maker ASML Holding on Wednesday reported fourthquarter earnings that beat expectations and its bestever quarterly orders, but it kept a cautious outlook for 2024 as it faces new restrictions on exports to China. Net profit at Europe39;s biggest technology company by market value rose 9 to 2.0 billion euros 2.17 […]

BERLIN, Jan 24 Reuters Germany39;s Ifo institute again downgraded its 2024 economic growth forecast on Wednesday, citing uncertainty caused by changes to the federal budget necessitated by a court ruling. The institute now expects Europe39;s largest economy to grow by 0.7 this year instead of 0.9 previously forecast in midDecember. In September, it had expected growth of […]

PARIS, Jan 24 Reuters Activity in France39;s dominant services sector fell for an eighth month in a row and at the sharpest pace since September, a monthly survey showed on Wednesday. The HCOB France flash Purchasing Managers Index PMI for the country39;s dominant services sector, compiled by SP Global, came in at 45.0 points in […]

BEIJING, Jan 24 Reuters China39;s central bank will cut the amount of cash that banks must hold as reserves from Feb. 5, the first such cut for the year as policymakers extend efforts to shore up a fragile economic recovery amid plunging stock markets. The world39;s secondlargest economy struggled to mount a strong postCOVID recovery […]

BRUSSELS, Jan 24 Reuters The European Commission will set out plans on Wednesday to bolster the European Union39;s economic security through closer scrutiny of foreign investment and more coordinated controls on exports and outflows of technologies to rivals such as China. The EU executive will present a broad document on its strategy along with a proposed […]