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  • Italy's Di Maio says cutting number of MPs cannot wait: paper

  • The leader of Italy's 5-Star Movement was quoted as saying on Friday the party's flagship proposal to slash the number of lawmakers could not wait - posing an apparent hurdle in talks to form a government with the rival Democratic Party (PD).
  • Asian markets edge higher before Powell's speech

  • Asian markets mostly moved cautiously higher Friday as investors awaited Federal Reserve Chairman Jerome Powell's speech for clues on whether the US central bank will cut interest rates in the future.
  • Jerome Powell faces his biggest test yet in high-profile speech

  • Federal Reserve Chairman Jerome Powell will face his most serious test in the job yet when he speaks Friday at the annual economic powwow in Jackson Hole, Wyoming. He is facing tremendous political pressure from President Donald Trump, and expectations from many investors, to deliver more rate cuts.
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