Notizia

Japan's household spending rose in January but the business mood sank in the first quarter as rising raw material costs squeezed corporate margins, leaving the country's resource-poor economy facing a hard grind ahead.

Japanese household spending rose for the first time in six months in January on a year-on-year basis, largely because of weakness in the prior year, even as the fast spread of the COVID-19 Omicron variant likely weighed on consumption later in the month.

The Russian attack on Ukraine may slow global growth and raise new economic risks, but top central banks are keeping their focus trained on an inflation fight that looks set to intensify.

Fallout from Russia’s invasion of Ukraine may be setting the stage for more gains in the dollar, upending investor expectations for a weaker greenback as geopolitical uncertainty and worries over European growth raise the U.S. currency’s appeal.

By Andres Gonzalez, Nadine Schimroszik and Emma-Victoria Farr

Deutsche Bank is aiming for higher annual revenue and a lower cost-to-income ratio by 2025, Germany's largest lender said on Thursday as it mapped out its financial plans for the coming years.

Euro zone sovereign bond yields soared and the euro dipped on Thursday after the European Central Bank said it plans to end its bond buying programme in the third quarter in a surprise move.

The gusher of money the U.S. government poured into family bank accounts during the coronavirus pandemic, credited with speeding the rebound from the health crisis, may now help limit the economic damage from Russia's invasion of Ukraine and give the Federal Reserve more leeway in raising interest rates.

Uniqlo owner Fast Retailing Co and Japan Tobacco Inc on Thursday said they would suspend operations in Russia, in a U-turn by the Japanese consumer giants which had indicated they would stay in the market after Moscow's invasion of Ukraine.