The Bank of Korea said at the meeting that it was time to prepare for a pivot to interest rate cuts after leaving the benchmark interest rate steady at a 15-year high of 3.50% for the 12th straight me ...

LONDON (Reuters) -Britain's new finance minister, Rachel Reeves, told parliament her Conservative predecessor had left public spending on track to go over budget by 21.9 billion pounds ($28 billion) t ...

WASHINGTON (Reuters) - The International Monetary Fund said on Monday it had completed a review allowing Egypt to draw $820 million, saying efforts to restore macroeconomic stability had started to yi ...

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 ...