The rapid economic growth rate seen in the last three months of 2023 reinforces the Federal Reserve’s cautious approach to easing monetary policy, some economists say. There will not be “willy-nilly rate cuts,” said Chris Low, chief economist at FHN Financial, in a note to clients Thursday. “The Fed will…

© Reuters. In the recent earnings call, KDDI (OTC:) Corporation (ticker: KDDIY (OTC:)) shared an update on its financial performance for the third quarter of the fiscal year ending March 2024. The company reported a year-on-year increase in operating revenues by 2.0%, totaling 40,265.5 billion yen, and a slight rise…

By Bernadette Christina and Dewi Kurniawati JAKARTA (Reuters) – Indonesian farmer Wardiyono typically starts planting his small rice field in November but this season he began only in January, when rains finally arrived after months of drought caused by an especially strong El Nino weather phenomenon. Three weeks on, he…

By Tetsushi Kajimoto TOKYO (Reuters) -Japan’s top currency officials warned on Wednesday against what they described as rapid and speculative yen moves overnight when the Japanese currency broke past 150 yen, undermining the trade-reliant economy. The dollar rose to three-month peaks on late Tuesday after data showed U.S. inflation rose…

TOKYO (Reuters) -Japanese Finance Minister Shunichi Suzuki said there will likely come a time when the country’s interest rates will begin to rise and affect the economy through various channels, according to an interview with the newspaper published on Saturday. “The Bank of Japan holds jurisdiction over monetary policy. But…

LONDON — The U.K. logged a record £16.7 billion ($21.1 billion) net budget surplus in January, according to official figures released on Wednesday.The Office for National Statistics noted that the country’s public finances usually run a surplus in January, unlike during other months, as receipts from self-assessed annual income tax…

LONDON — British telecoms group BT said Wednesday it had agreed to sell London’s iconic BT Tower — once an important piece of network infrastructure — to developer MCR Hotels for £275 million ($346.6 million).The 189-meter structure has loomed over the capital city’s central Fitzrovia neighborhood since 1965, when it…

Uber Eats customers in Japan can soon have an autonomous robot deliver their food on the streets of Tokyo. Uber announced a partnership Tuesday between robotics firm Cartken and Japanese industrial titan Mitsubishi Electric to launch autonomous sidewalk robots that will start delivering Eats orders in parts of Tokyo beginning…

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.The Green Bitcoin (GBTC) presale has garnered significant interest within the cryptocurrency sphere, primarily owing to its unique ability to generate profits through Bitcoin price predictions while also emphasizing environmental consciousness. As the presale gathers…

Those properly licensed people who help us manage wealth may not be fully informed about financial elder abuse. In exploring what their organizations do in this area, we have observed little training or inadequate training. ThinkAdvisor reports on a case involving a “court fight over a recently deceased grandmother’s $5…