ECB's Rehn sees downside risks to inflation, urges action on Ukraine funding

ECB's Rehn sees downside risks to inflation, urges action on Ukraine funding

Inflation in the euro zone faces downside risks in the medium term, even as price growth has returned to the ECB's 2% target, European Central Bank policymaker Olli Rehn said, according to a report in...
December 06, 2025 at 02:19 pm IST
US regulators relax leveraged-lending guidance for banks

US regulators relax leveraged-lending guidance for banks

The U.S. Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation said on Friday they are withdrawing their guidance on leveraged lending issued more than a decade ago,...
December 06, 2025 at 01:29 am IST
US consumer spending slows in September as high prices curb demand

US consumer spending slows in September as high prices curb demand

U.S. consumer spending increased moderately in September after three straight months of solid gains, suggesting a loss of momentum in the economy at the end of the third quarter as a lackluster labor...
December 05, 2025 at 08:39 pm IST
Wall St subdued at open as investors await key inflation report

Wall St subdued at open as investors await key inflation report

Wall Street's main indexes had a subdued open on Friday as investors avoided large bets and awaited a long-delayed key inflation report that could shape the Federal Reserve's policy path. ...
December 05, 2025 at 08:05 pm IST
Canada's unemployment rate shrinks to lowest in 16 months as part-time jobs increase

Canada's unemployment rate shrinks to lowest in 16 months as part-time jobs increase

Canada's unemployment rate once again defied expectations and fell to a 16-month low in November as a solid gain in part-time jobs boosted the number of people employed for the third time in a row,...
December 05, 2025 at 07:08 pm IST
Bank of Canada done cutting rates at least until 2027; house prices to rebound soon:  Reuters Poll

Bank of Canada done cutting rates at least until 2027; house prices to rebound soon: Reuters Poll

The Bank of Canada will hold its overnight rate on December 10, according to all economists polled by Reuters, a majority of whom predicted steady rates at least until 2027. With...
December 05, 2025 at 04:41 pm IST
Japan's economy minister says up to BOJ to decide 'specific monetary policy means'

Japan's economy minister says up to BOJ to decide 'specific monetary policy means'

Japan's economic revitalisation minister, Minoru Kiuchi, called on the central bank to closely communicate with the government in setting monetary policy on Friday, but did not voice opposition to a...
December 05, 2025 at 04:18 pm IST
BOJ expected to choose 'constructive ambiguity' on future rate hikes

BOJ expected to choose 'constructive ambiguity' on future rate hikes

Investors seeking clarity from the Bank of Japan on how much higher interest rates could go could be disappointed, former central bank officials say, as clear-cut estimates on neutral interest rates...
December 05, 2025 at 01:00 pm IST
RBI rate cut, FX swap knock forwards lower; weak rupee outlook caps fall

RBI rate cut, FX swap knock forwards lower; weak rupee outlook caps fall

The Indian rupee forward premiums dropped on Friday following the central bank's rate cut and forex swap, though currency traders say a softer spot trajectory should cap the downside. ...
December 05, 2025 at 12:15 pm IST
Indian rupee retreats after central bank cuts rates

Indian rupee retreats after central bank cuts rates

The Indian rupee gave up early gains on Friday after the central bank cut the interest rate by 25 basis points, in line with a consensus view that had albeit softened due to a stronger-than-expected...
December 05, 2025 at 10:30 am IST
Dollar hovers near five-week low on Fed rate cut bets

Dollar hovers near five-week low on Fed rate cut bets

The U.S. dollar languished not far from a five-week low against its major peers on Friday as investors braced for a Federal Reserve rate cut next week. The greenback was particularly...
December 05, 2025 at 06:25 am IST
Japan October household spending falls at fastest pace in nearly 2 years 

Japan October household spending falls at fastest pace in nearly 2 years 

Japanese household spending unexpectedly slumped at the fastest pace in nearly two years in October, government data showed Friday, raising concerns about the economic outlook as the Bank of Japan...
December 05, 2025 at 05:09 am IST
Belgian PM hopes to have 'fruitful discussion' on Russian frozen assets with Germany's Merz

Belgian PM hopes to have 'fruitful discussion' on Russian frozen assets with Germany's Merz

Belgian Prime Minister Bart De Wever said on Thursday he hopes to have a fruitful discussion with German Chancellor Friedrich Merz on Friday about an EU plan to use Russian frozen assets to support...
December 04, 2025 at 11:58 pm IST
Wall St opens higher as investors mull Fed rate cuts

Wall St opens higher as investors mull Fed rate cuts

Wall Street's main indexes opened slightly higher on Thursday as investors parsed a fresh batch of labor market data to gauge the odds of a much-anticipated Federal Reserve interest rate cut when it...
December 04, 2025 at 08:08 pm IST
US weekly jobless claims dive to a more than three-year low

US weekly jobless claims dive to a more than three-year low

The number of Americans filing new applications for unemployment benefits fell to a more than three-year low last week, allaying fears of a sharp deterioration in labor market conditions after...
December 04, 2025 at 07:12 pm IST
UK sets out new sanctions against Russia after Novichok report

UK sets out new sanctions against Russia after Novichok report

Britain on Thursday announced new sanctions against Russia, including the entire GRU military intelligence agency, which was singled out in a UK public inquiry into the 2018 death of a woman poisoned...
December 04, 2025 at 05:43 pm IST
Canadian dollar forecasts turn less bullish as trade deal remains elusive- Reuters Poll

Canadian dollar forecasts turn less bullish as trade deal remains elusive- Reuters Poll

The Canadian dollar will strengthen less than previously expected over the coming year if the time it takes for Canada to reach a trade deal with the U.S. raises prospects of additional Bank of Canada...
December 04, 2025 at 05:08 pm IST
Germany's Merz wants EU states to share risks of Russian asset plan alongside Belgium

Germany's Merz wants EU states to share risks of Russian asset plan alongside Belgium

Germany's Chancellor Friedrich Merz has come out in favour of giving Belgium assurance that the risks of a planned use of frozen Russian state assets to support Ukraine would be borne fairly by all...
December 04, 2025 at 02:39 pm IST
Russia blocks Apple's FaceTime in mounting push against foreign tech platforms

Russia blocks Apple's FaceTime in mounting push against foreign tech platforms

Russia has blocked Apple's video-calling app FaceTime, the state communications watchdog said on Thursday, as part of an accelerating clampdown on foreign tech platforms that authorities allege are...
December 04, 2025 at 02:19 pm IST
India central bank to tolerate weaker rupee as inflows dry up, sources say

India central bank to tolerate weaker rupee as inflows dry up, sources say

India's central bank will tolerate a weaker rupee as the country's external sector confronts multiple headwinds including a wider trade gap and stalling of dollar inflows into the world's...
December 04, 2025 at 11:29 am IST