A stunning sterling rally is about to collide with Britain's political realities
The pound’s rally on the back of the Bank of England communication “looks fully justified,” Chris Turner, global head of markets at ING, said.
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European stocks sees muted open but markets remain buoyed by Fed cut
European stocks saw a muted open but remained in positive territory as global markets continue to react positively to the Federal Reserve’s interest rate cut.
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China's youth unemployment hits fresh high amid economic slowdown and restrictive hiring policies
The jobless rate for people in China ages 16 to 24, and not in school, rose to 18.8% last month. That’s up from 17.1% in July, and 13.2% in June.
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Why Japan's workaholics may not embrace a four-day workweek
Japan has ramped up its push for companies to adopt a four-day workweek, but those efforts face steep challenges in a country famous for its workaholic culture.
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China stimulus calls are growing louder — inside and outside the country
The world’s second-largest economy has remained under pressure from a real estate slump and tepid consumer confidence.