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JPMorgan to ramp up corporate banking hiring in Asia Pacific growth push

By Yantoultra Ngui and Rae Wee SINGAPORE (Reuters) -JPMorgan Chase is accelerating hiring across its corporate banking business in the Asia Pacific region and aims to increase headcount by 20% next year as part of a regional growth push, senior executives told Reuters. JPMorgan, the largest ...
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At TIFF, the mid-sized movie strives to survive

TORONTO (AP) — Anyone will tell you it’s the audiences that make the Toronto International Film Festival. They aren’t purely industry folks, like they are in Cannes or Venice, but more boisterous, enthusiastic moviegoers with their own rituals, like growling like buccaneers at the ...
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The number of Americans filing for jobless benefits last week hits 263,000, most in nearly 4 years

WASHINGTON (AP) — U.S. jobless claim applications jumped to their highest level in almost four years last week, the latest sign that the labor market is softening. The number of Americans filing for unemployment benefits for the week ending Sept. 6 rose 27,000 to 263,000, ...
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US inflation worsened last month as the cost of gas, food and airfares jumped

WASHINGTON (AP) — Inflation rose last month as the price of gas, groceries, hotel rooms and airfares rose, along with the cost of clothes and used cars. Consumer prices increased 2.9% in August from a year earlier, the Labor Department said Tuesday, up from 2.7% ...
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Inflation climbed in August as Trump’s tariffs intensified

(NEW YORK) -- Consumer prices rose 2.9% in August compared to a year ago, marking an uptick in price increases as President Donald Trump's tariff policy intensified. The reading matched economists' expectations.The fresh inflation data indicated an acceleration from a 2.7% inflation rate recorded ...
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September Fed rate cut a done deal, at least one more to follow by year-end: Reuters poll

By Indradip Ghosh BENGALURU (Reuters) -The Federal Reserve will cut its key interest rate by 25 basis points on September 17 as labor market softness overshadows inflation risks, said almost all 107 economists in a Reuters poll, with most expecting one further cut next quarter. Stalling ...
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Instant View: US consumer prices rise more than expected, but a rate cut still coming

NEW YORK (Reuters) – U.S. consumer prices rose more than expected in August while the annual increase in inflation was the largest in seven months, although the numbers will not prevent an interest rate cut from the Federal Reserve ...
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French lawmaker asks prosecutor to probe TikTok for ‘endangering the lives’ of users

PARIS (Reuters) -The chairman of a French parliamentary committee investigating TikTok’s psychological effects on minors said on Thursday that he had asked for a criminal probe into TikTok’s possible responsibility for “endangering the lives” of its young users. The committee, launched in March, unveiled ...
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OPEC sticks to oil demand forecasts, says economy doing well

LONDON (Reuters) -OPEC made no changes on Thursday to its relatively high global oil demand growth forecasts for this year and next, and said the world economy was maintaining a solid growth trend in the second half of this year. The upbeat OPEC outlook, in ...
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Analysis-US dollar bears think record slide may resume after recent pause

By Saqib Iqbal Ahmed and Laura Matthews NEW YORK (Reuters) -The U.S. dollar has steadied since a record slide earlier this year, but many currency market players still view the greenback as locked in a bearish trend and are bracing themselves for further losses. The dollar ...
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Swiss add lustre to Trump trade deal with gold refining plan, sources say

By Dave Graham ZURICH (Reuters) -Switzerland is proposing that its gold industry builds a refinery in the United States or increases its processing capacity there as part of a plan to reduce U.S. trade tariffs, according to two people familiar with the matter. President Donald Trump ...
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Morning Bid: Another day, another AI record

By Anna Szymanski LONDON (Reuters) – What matters in U.S. and global markets today By Anna Szymanski, Editor-in-Charge, Reuters Open Interest  Oracle’s skyrocketing share price lifted Asian equities on Thursday, as AI enthusiasm shows no signs of abating. Meanwhile, European markets remain ...
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