WASHINGTON (Reuters) – U.S. and Chinese officials will hold a telephone call later on Thursday, and further in-person trade talks could be possible depending on how their discussion goes, U.S. Treasury Secretary Steven Mnuchin said. Mnuchin, speaking in a CNBC interview from a G7 meeting in France, said he and U.S. Trade Representative Robert Lighthizer […]
© Reuters. Bank of England’s Carney appears out of race for IMF top job By Jan Strupczewski and Leigh Thomas CHANTILLY, France (Reuters) – The governor of the Bank of England, Mark Carney, is unlikely to succeed Christine Lagarde as the boss of the International Monetary Fund, European officials said on Friday, as the European […]
Philippines revises 2019-2022 forex assumptions, 2019 inflation MANILA (Reuters) – The Philippines on Thursday revised its foreign exchange assumptions for its medium-term macroeconomic targets. The forex assumption is now 51-53 pesos to the dollar for 2019, and 51-55 from 2020 to 2022, from 52-55, said Janet Abuel, officer-in-charge at the Department of Budget and Management. […]
© Bloomberg. Semi-trucks wait to be loaded with shipping containers in the APM shipping terminal at the Port of Los Angeles in Los Angeles, California, U.S., on Tuesday, May 7, 2019. The terminal is planning to replace diesel trucks and human workers. It has already ordered an electric, automated carrier from Finnish manufacturer Kalmar, part […]
© Reuters. FILE PHOTO: Zimbabwean Finance Minister Mthuli Ncube arrives to deliver his 2019 Budget speech at Parliament in Harare By MacDonald Dzirutwe JOHANNESBURG (Reuters) – Zimbabwe’s Finance Minister Mthuli Ncube seems to be doing everything by the book as he pursues orthodox economic policy often prescribed by the global “Bretton Woods” lending institutions to […]
The marketing lexicon just got a whole lot more complicated with a new term: zero-party data. The ad industry has been on notice ever since U.K. regulator the Information Commissioner’s Office warned that the current use of personal data to buy and sell ads on the open exchange violates the General Data Protection Regulation. That, […]
BEIJING (Reuters) – China expects cross-border capital flows to remain basically stable in the second half of the year, in spite of uncertainties in the global economy and trade protectionism, its foreign exchange regulator said on Thursday. Positive factors outnumber the negative, as the international monetary policy environment is relatively loose and the U.S. trade […]
Agencies are seeing an uptick in younger employees reporting burnout. Some see it as a symptom of a buyer’s market, with agencies encountering a faster-paced work environment, longer hours, tighter budgets and harsher deadlines to keep clients happy. Others believe younger employees, specifically millennials, might not know how to unplug from work or set work-life […]
© Reuters. FILE PHOTO: Commuters cast their shadows as they arrive at the Central Business District during the morning rush hour in Sydney By Swati Pandey SYDNEY (Reuters) – Australian full-time employment surged in June but the jobless rate stayed stuck at 5.2% for a third straight month as more people looked for work, a […]
By Kaori Kaneko TOKYO (Reuters) – Expectations have risen sharply that the Bank of Japan’s next policy move will be to ease further, a Reuters poll of economists found, as the U.S. Federal Reserve looks set to cut interest rates this month for the first time in over a decade. Three-quarters of economists said the […]