In Bank of Japan minutes, members contest disclosure of exit strategy impact

Bank of Japan policymakers contested how much information to disclose about a possible exitfrom quantitative easing, with several worrying about the risks of doing so given the BOJ is still far off its 2 percent inflation goal, minutes of the central bank’s June...

South Korea sees 2017 growth at fastest in three years, pushes consumption and jobs

South Korea raised its growth outlook for this year on Tuesday and vowed to maintain an expansionary fiscal policy that would support job creation. The government projected economic expansion of 3 percent in 2017, the fastest since growth of 3.3 percent seen in 2014....

Senator John McCain will return to Senate for health-care vote, his office says

Sen. John McCain’s office said Monday evening that the senator would return to the U.S. Senate on Tuesday. That follows the news last week that the longtime politician had been diagnosed with a brain tumor. “Senator McCain looks forward to returning to the...

Dollar recovers from 13-month low on strong PMI readings, Asia stocks subdued

SINGAPORE (Reuters) – The dollar crept up from a 13-month low on Tuesday after stronger-than-expected readings on U.S. factory and services activity ahead of the start of a Federal Reserve meeting later in the day, but Asian stocks were subdued. The dollar and...

Economy Needs Workers, but Drug Tests Take a Toll

By NELSON D. SCHWARTZ July 24, 2017 YOUNGSTOWN, Ohio — Just a few miles from where President Trump will address his blue-collar base here Tuesday night, exactly the kind of middle-class factory jobs he has vowed to bring back from overseas are...