By Tetsushi Kajimoto TOKYO (Reuters) – Japanese manufacturers’ business confidence improved for the first time since August while service-sector mood rose for a second month, according to the Reuters Tankan poll, which also highlighted a challenging outlook amid a patchy economic recovery. The monthly poll mirrored a similar improvement seen…

China’s consumer prices fell in October, signaling weakness in domestic demand, according to official data. The consumer-price index fell 0.2% in October from a year earlier after staying flat in September, the National Bureau of Statistics said Thursday. A Wall Street Journal poll of economists had tipped a 0.1% decrease.…

By Hari Kishan BENGALURU (Reuters) – The dollar’s recent weakness will linger for the rest of the year, according to a majority of FX strategists in a Reuters poll, who also said economic data will be the primary influencer of major currencies for the rest of 2023. A stronger-than-expected U.S.…

Economists worried about a recession next year often cite the lagged effect of the Federal Reserve’s 11 increases in interest rates over the past 20 months. But Goldman Sachs’s chief economist, Jan Hatzius, is not concerned. In an interview Wednesday with CNBC, Hatzius said he thinks “the biggest negative impact…

By Devayani Sathyan and Vuyani Ndaba BENGALURU/JOHANNESBURG (Reuters) – Emerging market currencies will take well into next year to start making noticeable gains against a retreating U.S. dollar, despite a growing view the interest rate cycle has peaked, a Reuters poll of FX strategists showed. After getting battered for most…

The top Republican challengers to Donald Trump went after him at their debate Wednesday night in Miami, while the former president didn’t come near the stage again and instead held his own event. Trump “owes it to you to be on this stage and explain why he should get another…

By Milounee Purohit and Anant Chandak BENGALURU (Reuters) – The Indian rupee will trade near record lows against the dollar over the coming months, according to a Reuters poll of FX strategists who also said the Reserve Bank of India would likely intervene less in the coming year to support…

Oh heel no. Republican presidential hopeful and entrepreneur Vivek Ramaswamy took an early swing — or, maybe a kick would be a better way to describe it — at rivals Ron DeSantis and Nikki Haley during Wednesday night’s GOP debate. Ramaswamy called Florida Gov. DeSantis and former South Carolina Gov.…

TAIPEI (Reuters) – Taiwan’s central bank said on Wednesday that it would review the domestic and foreign economic and financial situations and adopt appropriate monetary policies to promote price stability and help economic growth next year. The central bank, at its quarterly board meeting in September, unanimously decided to keep…

Republican presidential hopeful Vivek Ramaswamy slammed what he called the GOP “establishment” on Wednesday night, blaming it for Democrats’ wins in elections on Tuesday. “We’ve become a party of losers at the end of the day,” Ramaswamy said at the Republican debate in Miami. He blamed, in part, Republican National…