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Why are global bond yields surging to multi-decade highs?Global government borrowing costs are reaching multi-decade highs as inflation persists. Bond yields in major economies like the United Sta...
Global Market: UK 10-year gilt yields hit highest level since 2008 as oil prices stoke inflation fearsUK government bond yields surged on Tuesday, with the 10-year gilt yield hitting its highest level since 2008 as rising oil prices revived ...
AI-driven cyber risk is top concern for global financial stability, watchdog saysIn a letter to G20 finance ministers and central bank governors ahead of meetings this week, Bailey, who also serves as the Bank of England...
AI cyber risk is biggest immediate threat to global financial stability: FSB chair Andrew BaileyFinancial Stability Board Chair Andrew Bailey highlighted AI's immediate cyber risk concerns. He warned AI could accelerate cyberattacks, i...
Is Fed communication broken - and can Kevin Warsh fix it?Most economists agree that frequent, clear communication and greater transparency are good things for central bankers. Whether Warsh likes ...
US Stock Market: Warsh Jackson Hole speech puts Fed policy communication under scrutinyFederal Reserve Chair Kevin Warsh’s Jackson Hole speech is in focus as investors seek clues on U.S. interest rates, inflation and bond-mark...
School assembly news headlines for August 28: Top India, world, sports and business updatesSchool Assembly News Headlines for August 28, 2026: India’s key developments include PM Modi’s upcoming Central Asia visit, preparations fo...
Markets push back BoE rate hike expectations to February 2027As bond yields fall, markets are revising their expectations for the Bank of England's rate hikes. Investors now foresee a modest quarter-p...
Mark Carney, the former central banker who said 'no' to TrumpCanadian Prime Minister Mark Carney is more seasoned as a banker than a politician but has shown a confident touch in standing up to US Pre...
Quote of the day by P. G. Wodehouse: “The secret of happiness in this world is to...” — Timeless life lessons on happiness, resilience, optimism, purpose, perseverance, and why staying cheerful through difficult circumstances can change how you face life by the beloved British humorist and novelistQuote of the day by P. G. Wodehouse offers a simple lesson about happiness. His words remind us to take life as it comes, especially when p...
Sterling hovers near six-month high underpinned by BoE rate hike expectationsThe pound is maintaining its position close to a six-month peak against the dollar, buoyed by expectations of interest rate hikes. However,...
Charting the Global Economy: UK payrolls slide, inflation risesThe latest figures show the UK labor market is faltering, with job vacancies reaching a five-year low. Inflation rates have intensified, fu...
Multiple killed in police car, passenger vehicle crash near MiddlesbroughA collision involving a police car and a passenger vehicle occurred near Middlesbrough. This incident tragically resulted in multiple fatal...
Global Market: Singapore's OCBC taps global debt market with £1 billion bond issueOCBC has priced £1 billion of covered bonds due in 2029 under its $10 billion Global Covered Bond Programme, with proceeds earmarked for ge...
Global Market: European shares flat as Middle East risks weigh; Fed Minutes in focusEuropean shares were largely flat as Middle East tensions kept investors cautious ahead of the Federal Reserve’s July meeting minutes. Gain...
Gold inches higher, focus on Fed minutesGold prices edged up slightly during the early Asian trading session, buoyed by a retreat in U.S. Treasury yields from their recent highs. ...
Japan’s yen lesson for India: Don’t fight the currency marketIndia should focus on economic fundamentals and allow the rupee to be largely market-driven. The RBI has some flexibility during a financia...