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Japan considering restarting electricity, gas price subsidies from January, NHK reports

TOKYO (Reuters) – Japan’s government is considering restarting subsidies for electricity and gas prices from January next year, and continuing them until March in response to high fuel costs, public…

November 13, 2024

Economy

Retail boss calls for UK tax rises to be staggered to avoid stoking inflation

LONDON (Reuters) – The new Labour government must re-think the timing of tax rises imposed in last month’s budget and instead phase them in if it wants to avoid fuelling…

November 13, 2024

Economy

German opposition leader Merz says debt brake can be reformed

By Andreas Rinke and Maria Martinez BERLIN (Reuters) – The leader of Germany’s conservative Christian Democrats (CDU) Friedrich Merz said he could be open to reforming the debt brake, which…

November 13, 2024

Economy

ECB wants banks to better manage private equity risk

FRANKFURT (Reuters) – Euro zone lenders may not have a full understanding of their exposure to the quickly growing private credit and equity markets, so bank supervisors plan to outline…

November 13, 2024

Economy

Bank of England’s Mann sees upward inflation risks

LONDON (Reuters) – High inflation in Britain has not been vanquished and there is a risk that some drivers of price growth could be heading upwards, Bank of England interest…

November 13, 2024

Economy

Bundesbank’s Nagel: Trump tariffs could cost Germany 1% in economic output

BERLIN (Reuters) -New tariffs planned by U.S. President-elect Donald Trump could cost Germany 1% in economic output if they come into effect, Bundesbank President Joachim Nagel said in an interview…

November 13, 2024

Economy

Taiwan central bank sees peril in Trump tariffs

TAIPEI (Reuters) – Taiwan’s central bank warned on Wednesday that it sees peril in the proposed trade policies of the incoming administration of U.S. President-elect Donald Trump. In a report…

November 13, 2024

Economy

Taiwan central bank sees peril in Trump tariffs

TAIPEI (Reuters) – Taiwan’s central bank warned on Wednesday that it sees peril in the proposed trade policies of the incoming administration of U.S. President-elect Donald Trump. In a report…

November 13, 2024

Stock

Smiths Group shares surge on upbeat outlook

Investing.com — Shares of Smiths Group (LON:SMIN) jumped over 12% on Wednesday after the company raised its full-year outlook following its strong first quarter performance. RBC Capital Markets analysts, who…

November 13, 2024

Stock

European shares rangebound as energy gains offset tech losses

By Shashwat Chauhan (Reuters) -European shares swung between gains and losses on Wednesday, as rising energy shares countered technology losses, while focus remained on a key U.S. inflation print that…

November 13, 2024