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IRAN ECONOMY CHALLENGES
'Going bankrupt': Iran shopkeepers struggle as war dims demandAt a Tehran bazaar where fragrant herbs and spices whet the appetite, shopkeeper Nasir says locals once bought his nuts by the kilo but soa...
Rich countries on the debt frontline: How the Iran war is shifting world's risk map by squeezing America, Europe and JapanThe International Monetary Fund confronts increased borrowing costs and record debt levels among developed countries. As inflation rises, g...
US stocks: US market posts weekly gains with earnings, inflation data on tapWall Street finished strong on Friday, fueled by optimism ahead of the third-quarter earnings reports from major players like Wells Fargo a...
Global Market: Foreign investors pull $23.5 billion from Asian equities in September as US yields surgeForeign investors withdrew $23.49 billion from Asian equities in September as rising US Treasury yields, inflation fears and tighter moneta...
Global Market: BoE’s Pill says central banks must stay focused on fighting inflationBank of England Chief Economist Huw Pill urges central banks to prioritise inflation control amid rising global bond yields. Divisions amon...
As Democrats eye big midterm wins, Republicans look to turn the tables in some House districtsRepublicans are focusing on pivotal congressional races as they seek to gain ground in the midterms. Key issues include immigration and eco...
Indian firms seen posting faster profit growth despite global headwindsIndian companies are projected to achieve profit growth during the September quarter despite various challenges affecting different sectors...
AI drives global goods trade facing Trump tariffs, war headwindsGlobal goods trade is projected to grow significantly this year, driven primarily by demand for artificial intelligence products. Despite t...
Why did market rise today? Sensex jumps over 685 points, Nifty closes above 22,750. 4 key factors behind D-St rallyThe Indian stock market recorded notable gains as investor confidence improved with cooling oil prices and strong quarterly updates. Sensex...
Trump opens tax-free use of 'red' diesel to all as Republicans face midterm heatUS President Donald Trump signed an executive order in Nebraska that aims to ease tax limits on diesel fuel. This decision is intended to s...
- America In Focus: Unemployment rate climbs, mortgage rate hits nearly 3 year high
The US economy showed mixed signals over the past week, with consumer confidence falling to its lowest level since 2014 and mortgage rates ...
US midterm elections: Trump stumps for candidates in deep red Alabama and says he'll be back again next weekPresident Donald Trump held a rally in Alabama where he urged support for local Republican candidates. The rally highlighted both Trump's l...
As Brazil gears up for elections, US midterms signal a transformative year for global politics and democracyBrazil is preparing for a closely watched presidential election involving incumbent Luiz Inacio Lula da Silva and challenger Flavio Bolsona...
Developing countries hit by overlapping crises, UNDP chief warnsRising energy costs and El Nino conditions are challenging developing countries facing financial distress. Governments are struggling to ma...
Global markets rattled as bond yields surge, offsetting AI-stock optimismGlobal bond market volatility led to declines in stock indexes, with the S&P 500 on track for consistent losses. Oil prices rose, contribut...
Trump plugs $54 billion natural gas project in Alaska, flanked by a senator in a tight raceUS President Trump announced South Korea's intention to invest $54 billion in an Alaska natural gas project. The project aims to connect Al...
Iran readies harder retaliation if attacked as diplomacy faces long oddsIran is intensifying its military response planning amid fears of US military escalation in the region. Senior commanders are considering b...
Global Market: Euro under pressure from energy shock and political risksThe euro has fallen nearly 2% in September as energy prices, political uncertainty and a stronger dollar weigh on the currency. Concerns ov...
India has ‘insulated' itself from the 'turbulence' of crude supply shock: Hardeep Singh PuriUnion minister Hardeep Singh Puri said India has so far insulated itself from crude oil and natural gas supply disruptions caused by the We...
US Market: Fed's Hammack warns against inflation becoming entrenched in economyFederal Reserve Bank of Cleveland President Beth Hammack warned that persistently high inflation could entrench elevated price expectations...