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UK 30-year gilt yields hit 28-year high in global selloff

UK 30-year gilt yields hit 28-year high in global selloff

By David Milliken LONDON, Oct 7 (Reuters) - British 30-year bond yields rose to a 28-year high on Wednesday as a global bond selloff pushed equivalent US borrowing costs to their highest since 2002, adding to pressure on finance minister John Healey before his first budget in three weeks' time.
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Lower US Treasury yield view persists despite biggest quarterly surge since 1994: Reuters poll

Lower US Treasury yield view persists despite biggest quarterly surge since 1994: Reuters poll

By Sarupya Ganguly BENGALURU, Oct 7 (Reuters) - US Treasury yields are forecast to fall over coming months, according to fixed income strategists in a Reuters poll who clung to their long-held view despite the benchmark 10-year yield recording its biggest quarterly jump since 1994.
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Reuters interview with ECB policymaker Dolenc

Reuters interview with ECB policymaker Dolenc

FRANKFURT, Oct 8 (Reuters) - The following are the highlights of a Reuters interview with ECB policymaker Primoz Dolenc. For an interview story, click here. ON INFLATION "Headline inflation rose to 3.8% last month, above our projections, largely reflecting developments in energy prices.
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Myanmar's military-backed leader seeks closer ties on visit to Malaysia as he pivots to diplomacy

Myanmar's military-backed leader seeks closer ties on visit to Malaysia as he pivots to diplomacy

Myanmar's military-backed leader, Min Aung Hlaing, is focusing on diplomacy and bilateral cooperation during his visit to Malaysia
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Once shunned, Myanmar's military-backed leader gets red carpet welcome in Malaysia

Once shunned, Myanmar's military-backed leader gets red carpet welcome in Malaysia

KUALA LUMPUR, Oct 7 (Reuters) - Myanmar's junta chief-turned-president Min Aung Hlaing arrived in Malaysia on Wednesday for talks with Prime Minister Anwar Ibrahim, as the military-backed leader once shunned by regional nations seeks international legitimacy.
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US weekly jobless claims fall as layoffs remain low

US weekly jobless claims fall as layoffs remain low

WASHINGTON, Oct 8 (Reuters) - The number of Americans filing new claims for unemployment benefits fell last week, pointing to continued labor market stability despite job growth slowing sharply in September.
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WTO upgrades goods trade forecast as AI boom offsets Middle East disruption

WTO upgrades goods trade forecast as AI boom offsets Middle East disruption

By Olivia Le Poidevin GENEVA, Oct 8 (Reuters) - The World Trade Organization upgraded its forecast for global merchandise trade growth on Thursday, saying demand for AI-related products had helped offset the impact of disruptions caused by the US-Israeli war with Iran.
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Malaysia 2027 budget to tackle living costs, fiscal risks as election looms

Malaysia 2027 budget to tackle living costs, fiscal risks as election looms

By Rozanna Latiff KUALA LUMPUR, Oct 7 (Reuters) - Malaysia is likely to deliver a moderately expansionary budget for 2027 on Friday as it looks to boost support for households ahead of a general election that could be called at any time, analysts and economists said. 
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BOJ chief calls for more focus on anchoring inflation around target

BOJ chief calls for more focus on anchoring inflation around target

By Leika Kihara TOKYO, Oct 6 (Reuters) - Bank of Japan Governor Kazuo Ueda said on Tuesday it was becoming more important to anchor underlying inflation around the central bank's 2% target, signalling readiness to keep raising interest rates to blunt the risk of too-high inflation.
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US trade balance sinks deeper into the red as imports hit record high despite tariffs

US trade balance sinks deeper into the red as imports hit record high despite tariffs

By Lucia Mutikani WASHINGTON, Oct 6 (Reuters) - The US trade deficit widened more than expected in August as imports jumped to a record high against the backdrop of robust domestic demand, keeping trade on track to again subtract from economic growth in the third quarter.
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Euro bounces as falling French bond yields ease debt worries

Euro bounces as falling French bond yields ease debt worries

By Harry Robertson and Rae Wee LONDON/SINGAPORE, Oct 6 (Reuters) - The euro rebounded on Tuesday after falling to its lowest in 17 months in the previous day, as a rally in French government bonds allayed some concerns about stress in euro zone debt markets.
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Euro bounces as falling French bond yields temper debt concerns

Euro bounces as falling French bond yields temper debt concerns

By Chuck Mikolajczak NEW YORK, Oct 6 (Reuters) - The euro rebounded on Tuesday and was on pace for its strongest move higher in a month after falling to its lowest in 17 months in the prior day, as a pullback in French government bond yields cooled fears about strain in euro zone debt markets.