Earlier this week, Beijing unveiled a raft of new policies aimed at bolstering China's sputtering economy and teetering housing sector, including a cut to interest rates and reductions in both existin ...

FRANKFURT (Reuters) - Policy doves at the European Central Bank are preparing to fight for an interest rate cut next month after a string of weaker-than-expected economic data, a move likely to meet r ...

WASHINGTON/LONDON (Reuters) - With key central banks now aligned in cutting interest rates a real-time experiment is underway in how much the global financial landscape has changed since the pandemic ...

BEIJING/HONG KONG (Reuters) - Chinese leaders pledged on Thursday to deploy "necessary fiscal spending" to meet this year's economic growth target of roughly 5%, acknowledging new problems and raising ...

Bank credit to companies grew by 0.8% in August after a 0.6% increase in July while credit to households expanded by 0.6% after 0.5% in the previous month, with both figure trending up nearly all year ...

Fed Chair Jerome Powell called the cut a "recalibration" to account for the sharp decline in inflation since last year. He noted that the economy remained strong but the central bank wanted to stay ah ...

"The U.S. move has no factual basis, violates the principles of market economy and fair competition, and is a typical protectionist approach," said a spokesperson for the commerce ministry.The U.S. Co ...

The world economy was projected to grow 3.2% both this and next year, the Organisation for Economic Cooperation and Development forecast, nudging up its 2024 forecast from 3.1% previously while leavin ...

(Reuters) - U.S. Vice President Kamala Harris on Wednesday plans to propose new incentives to boost domestic manufacturing, a day after her Republican election rival Donald Trump said he would seek to ...

Some of her ideas build on unfinished business in President Joe Biden's economic agenda but expand their scope and size. Here's what we know so far: TAX ON THE WEALTHY Harris has echoed President Joe ...