By Leika Kihara WASHINGTON (Reuters) – The Bank of Japan (BOJ) must tread cautiously in raising interest rates, as some indicators of inflation expectations remain short of its 2% target, the International Monetary Fund’s Japan mission chief Nada Choueiri said on Friday. Choueiri told Reuters that a weak yen had…

What Happened: Shares of streaming video giant Netflix (NASDAQ: NASDAQ:) fell 8.2% in the morning session after the company reported fourth-quarter results and provided underwhelming revenue guidance with full-year sales outlook implying 13-15% growth. This represents a deceleration compared to the expectations for 15-16% growth early in 2024. Also, in…

By Robert Harvey and Natalie Grover LONDON (Reuters) – Plentiful supplies of some of the biggest crude grades are limiting the impact on benchmark oil futures prices of conflict in the Middle East, according to analysts and traders. futures briefly topped $92 a barrel last week, the highest since October.…

Last year, Netflix made a particularly risky bet by pushing users who share passwords to create their own accounts — but it’s paid off. Netflix, the dominant player in streaming, added more than 9 million subscribers in the first three months of the year, hitting a record high of 269.6 million subscribers. “It added more…

The Mexican Peso recovers after data shows a rise in Retail Sales in February.  The Peso had weakened in a volatile sell-off after markets switch risk averse on geopolitical tensions.  Israel purportedly retaliated against Iran, with explosions heard in the Iranian city of Isfahan.  USD/MXN surged to just below 18.00 on the…