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BOJ executive saw need for vigilance to ‘non-linear’ inflation spikes
9+ hour, 33+ min ago (380+ words) TOKYO, Sept 14 (Reuters) – Japan saw inflation spike due to rising import costs and currency shocks, suggesting such price reactions needed to factor into monetary policy considerations, a central bank official was quoted as saying in conference notes released on Monday....
Attack hits Panguna camp as Bougainville backs copper mine restart
15+ hour, 57+ min ago (229+ words) WELLINGTON, Sept 14 (Reuters) – Bougainville President Ishmael Toroama condemned an attack on a mining camp at Panguna and said his government would press ahead with plans to reopen the long-shuttered copper mine despite opposition from some groups. The Panguna mine, once…...
Oil prices jump more than $3 after new strikes on Saudi, Strait of Hormuz
16+ hour, 21+ min ago (123+ words) BEIJING, Sept 14 (Reuters) - Oil prices rose more than $3 at market open on Monday, after new strikes on Saudi Arabia and on ships in the Gulf on Sunday. Brent crude futures rose $3.62, or 3.46%, to $108.23 per barrel as of 22:14 GMT (Sun... Oil…...
S&P Dow Jones Indices loosens Canadian index inclusion criteria
22+ hour, 46+ min ago (242+ words) TORONTO, Sept 13 (Reuters) – S&P Dow Jones Indices (S&P DJI) said on Friday it will change the eligibility criteria for S&P/TSX Canadian Indices, with the move potentially opening the door to the inclusion of major copper producer…...
Ahead of Fed meeting, Trump says US should have world’s lowest interest rate
22+ hour, 47+ min ago (374+ words) By Bo Erickson, Padraic Halpin and Conor Humphries DOONBEG, Ireland, Sept 13 (Reuters) – No country should have lower interest rates than the U.S., President Donald Trump said on Sunday, days before the Federal Reserve’s next policy meeting. Speaking to reporters at…...
Carney pushes idea of making Canada ‘associate member’ of EU, WSJ reports
1+ day, 3+ hour ago (349+ words) BRUSSELS, Sept 13 (Reuters) – Canada’s Prime Minister Mark Carney wants closer links with the European Union and is exploring whether his country could become an “associate member” of the bloc, The Wall Street Journal reported on Sunday. The EU, which has…...
Canadian boycott of US products pushes grocers to adapt, explore new supply sources
2+ day, 4+ hour ago (697+ words) TORONTO, Sept 12 (Reuters) – A growing consumer push to buy Canadian and boycott U.S. products is reshaping supermarket shelves in Canada, forcing grocers to improve country-of-origin labeling and secure new sources of supply. In Ontario, the president of independent grocer Vince’s…...
Iraq orders closure of Shalamcheh border crossing with Iran, two sources say
2+ day, 14+ hour ago (146+ words) Sept 12 (Reuters) - Iraq ordered the closure of the Shalamcheh border crossing between Iraq and Iran as a precautionary measure after the latest drone attacks on Saudi Arabia, two security sources told Reuters on Saturday. The sources said a w... Sept…...
Apollo Global in talks to acquire J&J’s orthopedics unit, Bloomberg News reports
2+ day, 15+ hour ago (147+ words) Sept 11 (Reuters) – Apollo Global Management is in talks to acquire Johnson & Johnson’s orthopedics unit in a deal that could value it at close to $20 billion, Bloomberg News reported on Friday, citing sources. Several private equity firms are interested to potentially…...
US budget deficit shrinks in August, year-to-date flat at $1.97 trillion
2+ day, 19+ hour ago (240+ words) Sept 11 (Reuters) – The U.S. federal budget deficit for August shrank to $167 billion due largely to some calendar shifts in benefit payments rather than any underlying trend, leaving the fiscal-year-to-date budget gap essentially flat at $1.97 trillion, the U.S. Treasury said…...