Monetary / Fiscal Policy / Policy Makers

China calls for advancing free trade talks with South Korea, Japan

China calls for advancing free trade talks with South Korea, Japan

Published 14/11/2017

Chinese Premier Li Keqiang called on Tuesday for advancing free trade agreement talks between China, Japan and South Korea, state news agency Xinhua reported. [more…]

Sterling steadies before Brexit debate, U.S. yields prop up dollar

Sterling steadies before Brexit debate, U.S. yields prop up dollar

Published 14/11/2017

Sterling was flat on the day at $1.3115, nursing losses after it skidded in the previous session against a backdrop of political turmoil as British lawmakers this week debate the U.K. government's plans for leaving the European Union. [more…]

Japan wages seen rising 2-2.5 percent in spring, below Abe`s target: Reuters poll

Japan wages seen rising 2-2.5 percent in spring, below Abe`s target: Reuters poll

Published 14/11/2017

Japanese wages will rise by 2.0 percent to 2.5 percent at next spring's annual negotiations, falling short of Prime Minister Shinzo Abe's goal of 3 percent, economists polled by Reuters predicted. [more…]

China`s economy cools as gov`t curbs hit factories, property and retailers

China`s economy cools as gov`t curbs hit factories, property and retailers

Published 14/11/2017

China's economy cooled further last month, with industrial output, fixed asset investment and retail sales missing expectations as the government extended a crackdown on debt risks and factory pollution. [more…]

Risks ahead for U.S. tax push as disputes linger, Trump returns

Risks ahead for U.S. tax push as disputes linger, Trump returns

Published 13/11/2017

Congressional Republicans pushed ahead on Monday on a U.S. tax code overhaul as a Senate panel considered the issue, but risks lay ahead with major intraparty disputes unsettled and President Donald Trump returning soon from Asia as the debate heats up. [more…]

Republicans confident of passing House tax bill: Brady

Republicans confident of passing House tax bill: Brady

Published 13/11/2017

The U.S. House of Representatives Republican leadership is confident it has the votes to pass a tax overhaul bill when it comes to the House floor later this week, the chairman of the tax-writing Ways and Means committee, Representative Kevin Brady, said Monday. [more…]

Trump to meet with U.S. House Republicans Thursday about taxes: White House

Trump to meet with U.S. House Republicans Thursday about taxes: White House

Published 13/11/2017

President Donald Trump will meet with Republican members of the U.S. House of Representatives on Thursday ahead of the chamber's vote on tax reform legislation, the White House said on Monday. [more…]

Top EU lawmaker tells ECB to drop bad loans plan

Top EU lawmaker tells ECB to drop bad loans plan

Published 10/11/2017

The European Central Bank should scrap plans for industry-wide rules to force banks to clean up bad loans, the head of the European Parliament's influential economic affairs committee said on Friday, as lawmakers dug in their heels in a dispute. [more…]

Euro budget, ESM, banking union stances unresolved in German talks: document

Euro budget, ESM, banking union stances unresolved in German talks: document

Published 10/11/2017

German parties exploring a coalition government remain divided on the issues of a euro zone budget, Europe's banking union and its ESM bailout fund ahead of a meeting of party leaders later on Friday, according to a draft paper on Europe seen by Reuters. [more…]

Senate tax plan does not kill electric vehicle credit

Senate tax plan does not kill electric vehicle credit

Published 10/11/2017

A U.S. Senate tax reform proposal unveiled on Thursday does not eliminate a $7,500 electric vehicle tax credit as Republicans in the U.S. House of Representatives have proposed. [more…]