Economy

(Reuters) -Tapestry raised its annual earnings target and topped market expectations for first-quarter revenue on Thursday, as the Coach parent benefited from full-prices sales of its popular Tabby handbags. Shares…

By Howard Schneider WASHINGTON (Reuters) – The U.S. Federal Reserve is expected to reduce its benchmark policy rate by a quarter of a percentage point at the end of its…

By Shivangi Acharya and Krishn Kaushik NEW DELHI (Reuters) – India is open to offering easier market access for U.S. firms if Washington reciprocates under President-elect Donald Trump, who has…

Investing.com – US stock futures climb after equities on Wall Street soared to record highs in the wake of Donald Trump’s victory in the US presidential election. Trump’s Democratic opponent Kamala…

STOCKHOLM (Reuters) -Sweden’s central bank cut its key interest rate to 2.75% from 3.25% on Thursday, as expected, and said that if the economic and inflation outlooks remain the same…

KUALA LUMPUR (Reuters) – Narrowing interest rate differentials between Malaysia and major economies is good for Malaysia’s ringgit, despite greater volatility in global markets following the U.S. election, Malaysia’s central…

By Terje Solsvik and Gwladys Fouche OSLO (Reuters) -Norway’s central bank held its policy interest rate unchanged at a 16-year high of 4.50% on Thursday, as unanimously expected by analysts…

BERLIN (Reuters) – German Economy Minister Robert Habeck said on Thursday that Chancellor Olaf Scholz was right to fire the finance minister, spelling an end to the coalition government, and…

(Reuters) – Chinese regulators have asked the country’s banks to lower the rates they pay to deposits from other financial institutions to free up funds to boost the economy, Bloomberg…

By Greg Torode and Antoni Slodkowski HONG KONG/BEIJING (Reuters) – U.S. President-elect Donald Trump inherits a United States-China relationship reset by presidents Joe Biden and Xi Jinping over the last…