(Reuters) -Morgan Stanley cut its 2023 year-end forecast for the dollar index to 98, and expects the greenback’s weakness to be more pronounced against the euro this year as worries about the se[...]
Read moreJanuary 16, 2023
EU Commission wants first joint purchases of gas by summer
BRUSSELS (Reuters) – The European Commission aims for EU countries to start jointly buying gas “well before summer”, European Commission Vice-President Maros Sefcovic said on Monday,[...]
Read moreChina to boost spending for COVID prevention, treatment
BEIJING (Reuters) – China’s finance ministry said on Monday it will boost funding for COVID-19 prevention and control, urging local fiscal departments to step up transfer payments to rural[...]
Read moreJapan’s top economic panel debates potential shift away from ‘Abenomics’
By Tetsushi Kajimoto and Yoshifumi Takemoto TOKYO (Reuters) – The Japanese government’s top economic policy panel on Monday held its first round of special sessions that will discuss the m[...]
Read moreHouse Speaker says Democrats should cap spending to avoid U.S. debt default
WASHINGTON (Reuters) – House of Representatives Speaker Kevin McCarthy said on Sunday he believes Democrats would agree to cap government spending to avoid a U.S. debt default and he wants to di[...]
Read moreFactbox-Workers vs Macron: What to expect from Thursday’s strike
PARIS (Reuters) – France’s labour unions have made a rare joint call for major strike action on Thursday against plans by President Emmanuel Macron’s government to reform the pension[...]
Read moreKuroda to attend Davos, depart shortly after closely-watched BOJ meeting
TOKYO (Reuters) – Bank of Japan (BOJ) Governor Haruhiko Kuroda will travel to Davos and attend a panel at the annual World Economic Forum meeting on Friday, the central bank said on Monday. Kuro[...]
Read moreEU’s record recovery fund at risk as countries struggle to meet deadline
By Belén Carreño, Robert Muller and Sergio Goncalves MADRID/PRAGUE/LISBON (Reuters) – The risk that European Union governments will not be able to spend the largest aid package in its history is[...]
Read moreGlobal jobs growth will halve in challenging 2023: ILO
LONDON (Reuters) – Global employment growth is expected to slow down sharply to 1% this year compared to 2% in 2022, hit by the economic fallout of the war in Ukraine, high inflation and tighter[...]
Read more