A look at the day ahead in European and global markets from Tom Westbrook Last month, better-than-expected PMI surveys helped pep markets’ mood and kept stocks levitating near recent highs. This time, economists are expecting another bullish take on the world from supply-chain managers and for services to again make up for lacklustre manufacturing. European…
By Tetsushi Kajimoto TOKYO (Reuters) -Japan’s inflation-adjusted real wages fell the most in eight years in the fiscal year 2022, government data showed on Tuesday, highlighting the pain of inflation eroding consumers’ purchasing power. The yearly data brought home the importance of accelerating wage increases to outpace stubbornly high inflation, which is not the kind…
By Krystal Hu and Manya Saini (Reuters) -SoftBank Investment Advisers, which manages two Vision Funds, is exploring launching a private credit strategy that provides debt or debt-like structured financing for late-stage tech startups, people familiar with the matter told Reuters. The fund aims to offer liquidity options to tech startups, including some of SoftBank’s own…
By Chris Taylor NEW YORK (Reuters) – As any fan of spy thrillers knows, there is only one place to put your really valuable stuff: A safe deposit box. But even if you are not Jason Bourne – who needs somewhere to store his multiple passports, guns, and stacks of foreign cash – safe deposit…
