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Economy

Economy

Japan to propose $65 billion plan to aid domestic chip industry, draft shows

By Takaya Yamaguchi TOKYO (Reuters) – Japan’s government will propose a $65 billion plan to boost its chip industry with subsidies and…
Economy

Brazil’s Lula urges Congress to cut spending to help ‘beat’ financial markets

SAO PAULO (Reuters) – Brazil’s president vowed to beat the “speculative greed” of financial markets in an interview broadcast late on Sunday…
Economy

Budget meeting scrapped as German parties wrangle over election timing

By Holger Hansen BERLIN (Reuters) – German legislators on Monday (NASDAQ:MNDY) scrapped a crucial budget planning meeting as parties continued to wrangle…
Economy

Futures rise, CPI this week, Bitcoin’s new record high – what’s moving markets

Investing.com – US stock futures rise, suggesting a possible extension to a rally in equities in the wake of Donald Trump’s election win…
Economy

‘Blinders on’ but be prepared: In 2016, Fed took note of Trump’s plans

By Howard Schneider WASHINGTON (Reuters) – Within weeks of Donald Trump’s 2016 election, U.S. Federal Reserve policymakers began mulling the impact of…
Economy

China to step up idle land reclaim to support property market

BEIJING (Reuters) – China plans to utilize funds from local government special bonds to increase efforts to reclaim and acquire idle land,…
Economy

In South America, Trump already losing a trade battle with China

By Marco Aquino and Eduardo Baptista LIMA/BEIJING (Reuters) – In South American copper giant Peru, the incoming Donald Trump White House will…
Economy

UK minister rules out using Nigel Farage as link to Trump

LONDON (Reuters) – A British minister said on Sunday that the government is unlikely to ask the Reform party leader Nigel Farage…
Economy

Mnuchin won’t rejoin Trump administration, but has advice on sanctions, debt

By David Lawder WASHINGTON (Reuters) – Donald Trump’s former Treasury secretary, Steven Mnuchin, said he will not seek to join the president-elect’s…
Economy

What is the potential impact on China from possible 60% tariff? Citi discusses

Investing.com — In a Wednesday note to clients, Citi economists discussed the potential impact of a 60% tariff on Chinese goods entering…
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