Author: Reuters

Bank of Japan Governor Haruhiko Kuroda said on Saturday steady interest rate hikes by the Federal Reserve were “basically good” for the world economy, shrugging off concerns that higher U.S. rates could hurt Asian...

China’s top central banker on Saturday pledged to keep the yuan currency’s value “broadly stable,” a sign that Beijing may be trying to prevent a bruising trade dispute with the United States from...

The International Monetary Fund said on Saturday its members pledged to refrain from competitive currency devaluations and step up dialogue on trade, as escalating trade frictions and higher borrowing costs threatened to knock...

U.S. Treasury Secretary Steven Mnuchin on Saturday said Chinese officials told him this week that a further depreciation of China’s yuan currency was not in the country’s...

Walmart Inc said on Friday it has acquired online lingerie retailer Bare Necessities for an undisclosed amount, its second apparel-focused acquisition in less than two weeks as it seeks deeper inroads into the online fashion...