Japanese workers’ real wages rose for an eighth straight month, the longest streak of gains in almost a decade, as Prime Minister Sanae Takaichi’s inflation-relief measures helped bolster households’ purchasing power.
A surprising first round in Brazil’s presidential election is raising the prospect of a recalibration in trade policy, with a possible Flávio Bolsonaro government likely to deepen ties with Washington while preserving much of the country’s push to diversify markets.
A top Republican lawmaker has asked the Federal Reserve to review Hong Kong’s access to a dollar liquidity facility designed to ease market stresses during times of volatility.
Treasury Secretary Scott Bessent’s assurance that US economic growth combined with spending restraint can rein in the federal deficit met with skepticism by market strategists who highlighted the scale of current borrowing.
Venezuelans are leaving Chile by the thousands, slashing the rate of unemployment among foreigners, even as the jobless rate among locals reaches the highest in five years.
A majority of Canadians expect the rate of inflation to increase over the next 12 months, a potentially worrying sign for the Bank of Canada as it weighs interest-rate hikes.
Former Treasury Secretary Janet Yellen criticized President Donald Trump’s treatment of US allies, and backed the idea of retaliation for protectionist moves.
Central banks should take some blame for the threat to their independence, according to a former senior official at the Bank for International Settlements.
Ireland will cut levies on fuels as part of a series of energy measures aimed at helping voters and quelling anger that escalated into protests earlier this year.
The World Bank has urged Guinea to use the revenues from the exploitation of the largest iron ore reserve on earth to diversify and build a stronger economy.
A Polish parliamentary probe broadly upheld accusations made by the ruling coalition against central bank Governor Adam Glapinski, a lawmaker said, reviving a simmering conflict at a time of market instability.
Bank of England rate-setter Catherine Mann said the labor market is “static” rather than loose as she warned inflationary pressures are becoming embedded.
French far-right presidential candidate Marine Le Pen called on the European Central Bank to lower borrowing costs to give euro-area countries headroom to invest in their sovereignty, defense and technology.
Protesters in Paris chant and block streets as the student-led movement demanding more money for education rocks France. Hundreds of high schools across the nation are shut Tuesday as teacher unions join the demonstrations. (Source: Associated Press)
UK builders grew less optimistic about the outlook in September, putting off decisions on major projects even as the downturn in the sector showed signs of easing, a key survey showed.
