Finance Minister Taro Aso on Friday voiced concern about the adverse effects of interest rate hikes by the U.S. Federal Reserve, including a potential outflow of capital from emerging economies. "Money moves to a country where interest rates are high from a country where interest ...
The dollar slid below ¥113 in Tokyo trading on Thursday after the U.S. Federal Reserve decided to keep interest rates steady at a two-day Federal Open Market Committee meeting. At 5 p.m., the dollar stood at ¥112.84-85, down from ¥113.58-58 at the same time Wednesday. ...
A pickup in manufacturing, "widespread" reports of labor shortages and improving business investment set the stage for the Federal Reserve's December rate hike amid signs of steady economic growth across the country, the Fed reported Wednesday in its latest Beige Book compendium of economic ...
The U.S. Federal Reserve suggested a faster pace for rate hikes next year while raising its interest rates for the first time in a year.
The dollar was stuck in a relatively narrow range around ¥115 in Tokyo trading on Wednesday, as market players awaited a monetary policy decision by the U.S. Federal Reserve later in the day. At 5 p.m., the dollar stood at ¥114.98-99, down from ¥115.28-28 at ...
The benchmark Nikkei average edged up to its highest closing level for this year on the Tokyo Stock Exchange Wednesday, though a wait-and-see mood prevailed ahead of a closely watched monetary policy decision by the U.S. Federal Reserve. The 225-issue Nikkei average gained 3.09 points, ...
The Fed should should instead hold off raising interest rates until economic conditions are so strong that it needs to raise them rapidly.
Donald Trump's threat to undo President Barack Obama's detente with Cuba unless President Raul Castro abides by Trump's list of demands is provoking widespread anxiety among ordinary Cubans, who were paying little attention to the U.S. presidential campaign until now. Trump had been generally supportive ...
Republican presidential nominee Donald Trump said on Monday that the U.S. Federal Reserve is keeping interest rates low to prevent an economic downturn and "at some point" the rates must change. "They're keeping the rates down so that everything else doesn't go down," Trump said ...
Democratic presidential candidate Bernie Sanders warned of a humanitarian crisis in Puerto Rico Monday, calling on the U.S. government to support a debt restructure in the territory. Addressing a crowd in San Juan ahead of Puerto Rico's June 5 primary, Sanders called upon the U.S. ...
Republican presidential candidate Donald Trump would be inclined to replace Federal Reserve Chair Janet Yellen if he wins the White House despite supporting the U.S. central bank's efforts to keep interest rates low, he told Fortune magazine. "I think she's done a serviceable job," Trump ...
Shares on major exchanges fell for a sixth consecutive day on Thursday and crude prices touched multi-year lows as investors fretted over the state of the Chinese economy and its ability to stabilize its stock market. China suspended a circuit breaker set up at the ...
