The primary factor moving the FOMC closer to a cut is the favorable inflation data from May and June. After firmer inflation figures in Q1—attributed largely to residual seasonality and typical month- ...

TOKYO (Reuters) - Japan will achieve a goal of running a primary budget surplus next year for the first time since it was introduced in 2002, a government estimate showed on Monday, as improvements in ...

TOKYO (Reuters) - Japan's government and central bank must guide policy by taking into careful consideration recent yen weakness that is hurting consumption, the government's top economic council said ...

The Australian Prudential Regulation Authority (APRA) said the outlook was clouded by geopolitical instability and household debt and inflation holding above the central bank's target range."Given the ...

TORONTO (Reuters) - Progress has been made suppressing fires in the Canadian tourist town of Jasper, with the remaining ones expected to be put out by the end of the day, authorities said on Saturday. ...

The "sustainment contract" is part of a government pledge to keep the diesel-electric powered Collins-class fleet "a potent strike and deterrence capability", Defence Industry Minister Pat Conroy said ...

Jordan, who is due to step down at the end of September, defended his record steering the central bank through a raft of crises over the past 12 years.The executive has come under fire for being infle ...

A 3.6% year-on-year rise in profits last month followed a 0.7% gain in May, while first-half earnings were up 3.5%, accelerating from a 3.4% increase in the January-May period, National Bureau of Stat ...

The rise followed a 3.4% rise for January-May, according to the National Bureau of Statistics (NBS).The data covers firms with annual revenues of at least 20 million yuan ($2.75 million) from their ma ...

NEW YORK (Reuters) - Six banks including Bank of America and Citigroup agreed to pay $80 million to settle antitrust litigation in New York accusing them of conspiring to rig prices of European govern ...