DUBLIN (Reuters) -Ryanair has agreed a four-year pay deal with its Irish pilots union, including immediate restoration of pay that was cut to help the airline through the COVID-19 pandemic, it said on Tuesday. The budget carrier earlier said it had reached similar agreements with all its pilots unions except those in Ireland and Belgium….
By Leika Kihara TOKYO (Reuters) -The Bank of Japan shocked markets on Tuesday with a surprise tweak to its bond yield controls that allows long-term interest rates to rise more, a move aimed at easing some of the costs of prolonged monetary stimulus. Shares tanked, while the yen and bond yields spiked following the decision,…
BERLIN (Reuters) – Executive board members at German airline Lufthansa will each receive several million euros as a bonus for 2021 and 2022 despite the company receiving pandemic-related state aid during that time, German daily Handelsblatt reported on Tuesday. The supervisory board approved the payments at a meeting in early December, Handelsblatt reported, citing company…
By Leika Kihara TOKYO (Reuters) -The Bank of Japan shocked markets on Tuesday with a surprise tweak to its bond yield controls that allows long-term interest rates to rise more, a move aimed at easing some of the costs of prolonged monetary stimulus. Shares tanked, while the yen and bond yields spiked following the decision,…
By David Shepardson WASHINGTON (Reuters) -U.S. lawmakers will include a proposal to bar federal government employees from using Chinese app TikTok on government-owned devices in a key spending bill, sources told Reuters on Monday. The Senate last week voted on a bill sponsored by Republican Senator Josh Hawley to bar federal employees from using the…
(Reuters) – The Bank of Japan has slightly loosened the shackles on its 10-year yield target and said it will review its yield-curve control policy, surprising financial markets and sending the yen sharply higher. Here are some comments from experts: MOH SIONG SIM, CURRENCY STRATEGIST, BANK OF SINGAPORE: “They’ve widened the band, and I guess…
By Takaya Yamaguchi and Tetsushi Kajimoto TOKYO (Reuters) -Japan will issue around 35.5 trillion yen ($258.52 billion) in new government bonds for the fiscal 2023/24 annual budget, government sources told Reuters on Tuesday, adding to the industrial world’s heaviest public debt. The new borrowing is less than the 36.9 trillion yen last year, marking the…
By Kevin Buckland TOKYO (Reuters) – The yen retreated against the dollar on Tuesday ahead of a Bank of Japan policy announcement later in the day, with the central bank widely seen leaving ultra-easy stimulus settings unchanged. The greenback also edged toward a one-week high versus a basket of major peers, supported by higher U.S….
SYDNEY (Reuters) – Australian Foreign Minister Penny Wong said on Tuesday she would push for trade sanctions to be lifted in her meeting with Chinese counterpart Wang Yi as Canberra looks to repair strained diplomatic relations with Beijing. “Many of the hard issues in the relationship will take time to resolve in our interests,” Wong said…
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar edged down against the euro as upbeat German business morale data supported the common currency, while a modest improvement in investors’ appetite for riskier currencies weighed on the safe-haven dollar. German business morale rose more than expected in December as the outlook for Europe’s largest economy…
