Economic News

By Rae Wee SINGAPORE (Reuters) - The yen was heading on Friday to its first weekly gain in more than a month after Japanese authorities intervened in markets to support the yen...

LONDON (Reuters) -Britain's health minister on Thursday pledged to cut waiting times for doctors' appointments and launched a fund to support social care, in a plan that drew...

LONDON (Reuters) - Britain's new finance minister Kwasi Kwarteng unveiled a slew of measures on Thursday including the reversal of an increase in payroll tax in an effort to boost...

(Updates Trenchev's estimate for unsecured lending) By Elizabeth Howcroft and Hannah Lang LONDON/WASHINGTON (Reuters) -On May 11, Scott Odell, an analyst at British crypto lender...

By Herbert Lash and Marc Jones NEW YORK/LONDON (Reuters) - The yen spiked higher on Thursday after the Federal Reserve's strong stance on rates the day before roiled the outlook...

LONDON (Reuters) - Bank of England policymaker Jonathan Haskel said he was not very concerned about the level of sterling, after being challenged about the currency's weakness. "I...

By David Milliken LONDON (Reuters) -Bank of England policymaker Jonathan Haskel said the UK central bank was in a difficult position as the government's expansionary fiscal policy...

WASHINGTON (Reuters) - A planned Western price cap on Russian oil is already making a difference, U.S. Treasury Secretary Janet Yellen said on Thursday, noting that Russia was now...

(Bloomberg) -- European Union member states are racing to clinch a political agreement within weeks that would impose a price cap on Russian oil.  The push has gained steam since...

By Leika Kihara and Daniel Leussink TOKYO (Reuters) - Japan intervened in the foreign exchange market on Thursday to buy yen for the first time since 1998, in an attempt to shore...

By Francesco Canepa and Howard Schneider FRANKFURT/WASHINGTON (Reuters) - Global central banks continued raising interest rates on Thursday, following the U.S. Federal Reserve in...

LUXEMBOURG (Reuters) - Euro zone inflation is set to go higher and price growth is likely to be more persistent than earlier thought, European Central Bank board member Isabel...

By Foo Yun Chee BRUSSELS (Reuters) - EU data protection watchdog EDPS has asked Europe's top court to scrap amended rules allowing Europol to retroactively legalise its processing...

By Riham Alkousaa and Klaus Lauer BERLIN (Reuters) - The German economy minister on Thursday called for more government funds to support companies as a debate intensifies on...

By Jan Lopatka PRAGUE (Reuters) - Turning off lights, lowering thermostats and installing motion detectors are among the ways central European governments have begun energy...

By Bansari Mayur Kamdar (Reuters) -UK shares fell on Thursday, with the midcap index touching the lowest in over two months on recession fears after the Bank of England joined...

By Shreyashi Sanyal, Johann M Cherian and Susan Mathew (Reuters) - European shares slumped 1.8% on Thursday, as recession worries heightened after the U.S. Federal Reserve...