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 05, 2025 at 10:59 pm
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 06:09 pm
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 05:35 pm
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 04:38 pm
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 02:11 pm
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 10:30 am
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 08:00 am
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 02:39 am
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 09:28 pm
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 05:38 pm
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 04:42 pm
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 03:13 pm
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 12:09 pm
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 11:49 am
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 08:59 am
India's largest private lender sees rupee falling to 92 in absence of quick US trade deal

India's largest private lender sees rupee falling to 92 in absence of quick US trade deal

Uncertainty over the timing of the U.S.-India trade deal is fuelling rupee volatility and the absence of a quick agreement could push the currency to as low as 92 per dollar, the head of treasury at...
December 04, 2025 at 08:44 am
BOJ likely to raise rates in December, government to tolerate move, sources say

BOJ likely to raise rates in December, government to tolerate move, sources say

The Bank of Japan is likely to raise interest rates in December with the government expected to tolerate such a decision, three government sources familiar with the deliberations said. ...
December 04, 2025 at 08:36 am
BOJ's Ueda flags uncertainty on how far rates can go up

BOJ's Ueda flags uncertainty on how far rates can go up

Bank of Japan Governor Kazuo Ueda said on Thursday there was uncertainty on how far the central bank could raise interest rates due to the difficulty of estimating the country's neutral rate of...
December 04, 2025 at 05:56 am
Indian rupee to rise from record lows, but US trade deal key for recovery- Reuters poll

Indian rupee to rise from record lows, but US trade deal key for recovery- Reuters poll

The Indian rupee will regain some lost ground against the U.S. dollar over the next three months, according to a Reuters poll of FX strategists, but a reversal in the currency's fortunes hinges upon...
December 04, 2025 at 05:14 am
Brazil judge orders government to add JBS subsidiary to 'dirty list' for slavery

Brazil judge orders government to add JBS subsidiary to 'dirty list' for slavery

A federal labor judge in Brazil ordered the government to add a poultry unit of meatpacker JBS to a so-called dirty list of employers responsible for subjecting workers to slavery-like conditions,...
December 03, 2025 at 11:59 pm