of this year's most successful plays-the so-called reflation trade that helped power shares of

the reflation trade fizzled in the US amid new travel curbs in some parts of the world.... Its

among policymakers to reflate the economy out of the doldrums through pent-up demand. The subsidies

By Reuters Staff2 Min ReadFILE PHOTO: Traders work on the floor of the New York Stock Exchange( NYSE) in New York City, U.S., July 12, 2021.... REUTERS/ Brendan McDermid LONDON( Reuters)-Investors’ interest in equity markets continued unabated in the latest week, with U.S. and Japanese stock market fund flows accelerating to multi-week highs at the expense of investment in fixed income funds, BofA said on Friday. While global equity funds attracted$ 18.7 billion in the week to Wednesday, U.S.-f

WASHINGTON: Wall Street rebounded Tuesday as Federal Reserve Chairman Jerome Powell vowed not to raise rates too quickly as the dollar and oil gave up earlier gains. Led by the tech-heavy Nasdaq Composite, Wall Street closed Tuesday higher, bouncing back from a sell-off set off last week by a Fed policy update that suggested officials believed rates would rise more quickly to counter rising inflation. The Nasdaq closed at another record high, as top-shelf tech companies resumed their growth traj

NEW YORK: Global shares edged higher on Wednesday on the strength of U.S. equities markets that were boosted by rising oil prices and positive economic data out of the United States.U.S. factory production data showed that manufacturing was strong in August despite a slowdown due to closures related to severe storms and the ongoing microchip shortage. Earlier in the day U.S. import prices for August declined for the first time in 10 months.... That followed Tuesday data from the U.S. Labor Depa

Inflation may well abate once these issues are sorted, she suggested.... She also pointed out that there has not been a very large stimulus in India nor have we had a labour supply constraint.... “ Developing economies, I think there is far more damage coming out of this pandemic which should be disinflationary....

NEW YORK: U.S. stocks closed mostly lower on Wednesday, with the SP 500 falling from a record high after data signaled a slowdown in jobs growth in July, and General Motors tracked its worst day since early March.GM's shares slumped 8.9%, underscoring the uncertainty facing global automakers at a time of technological and economic disruption.... " To me that’s a big driver( of the market today)."" Broadly, the continued evolution of COVID-19, the Delta variant over the recent weeks and months k

29 is assured of becoming Japan's next prime minister because of the party's parliamentary majority.... Two women-Sanae Takaichi, 60, a former internal affairs minister, and Seiko Noda, 61, a former minister for gender equality-are the other candidates in a four-way race. Parliament is expected to convene on Oct.... " As the pandemic subsides, consumption will likely strengthen."( Reporting by Leika Kihara; Editing by Simon Cameron-Moore)....

TOKYO: The Bank of Japan( BoJ) must immediately end its negative interest rate policy as it has allowed companies to delay efforts to boost productivity by keeping borrowing costs ultra-low, says ruling party heavyweight Shigeru Ishiba.“ It’s an extreme policy that shouldn’t exist in the first place, ” Ishiba said of negative interest rates, adding that ultra-low rates can be justified only in times of crisis. When asked whether he meant the BoJ should end negative rates as soon as possible, Ish