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European shares rally as Middle East peace hopes drag oil prices lowerEuropean shares surged on Friday, driven by renewed hopes for a Middle East diplomatic breakthrough that lowered oil prices. The pan-Europe...
China's May loan growth dips on weak demandAggregate financing, a broad measure of credit, increased ¥2.03 trillion ($300 billion), according to Bloomberg calculations based on data ...
Retail inflation edges up to 3.9% in MayEconomists expect price pressures to intensify further in June, driven by the continued pass-through of earlier increases in transport and ...
The accounting trick used by companies to make a weak balance sheet look strongIn one recent case, a large investment sat comfortably under equity until the auditor read the shareholders' agreement, found a buyback cla...
India's retail inflation quickens to 3.93% in May amid high food & fuel pricesIndia's retail inflation rose to 3.93% in May. Food and fuel prices increased, impacting consumer costs. This marks the highest inflation r...
Global Market | European stocks rally as oil falls on hopes for US-Iran dealThe benchmark snapped a four-day losing streak on Thursday, as investors digested the European Central Bank's rate hike and largely looked...
ECB hikes interest rate by 25 bps, first since 2023 to tame Iran war inflationThe European Central Bank raised its benchmark interest rate by a quarter point to 2.25 percent, marking its first hike since 2023. This mo...
Asia’s currency fight moves offshore as central banks push backAsian central banks are intensifying efforts to curb offshore forex speculation as external pressures like high oil prices and a strong dol...
Rupee ends nearly flat on competing oil, intervention and NDF maturity cuesThe Indian rupee saw little change on Wednesday. Traders noted oil price swings and strong dollar demand. The Reserve Bank of India likely ...
RBI likely intervenes to support rupee, conducts swaps, traders sayThe Indian central bank likely intervened in the foreign exchange market on Wednesday to bolster the rupee, as maturing non-deliverable for...
RVNL shares jump 3% after securing Rs 221 crore Railway contractRVNL shares saw an uptick on Tuesday after the company secured a Rs 221.33 crore railway signalling and infrastructure upgrade contract fro...
RBI ramped rupee defense to record before government bazookaThe Reserve Bank of India has reached a record $110-$115 billion in its net-short dollar book, a key tool for defending the rupee. This sig...
India bonds slip as US-Iran risks derail post-policy rallyIndian government bonds faced pressure early Monday. Escalating U.S.-Iran tensions pushed oil prices higher. This overshadowed recent suppo...
ECB to hike rates as Mideast war pushes up inflationThe European Central Bank is poised to raise interest rates for the first time in two and a half years, driven by escalating inflation fuel...
Gold extends losses on US interest rate-hike fearsGold prices dipped on Monday, extending previous losses amid U.S. interest rate hike fears. Meanwhile, escalating tensions in the Gulf sent...
Charting the global economy: Jobs, inflation feed rate-hike betsStrong hiring across sectors and expanding manufacturing activity signal labor market strength, while upcoming US price data and ECB decisi...
Supreme Court upholds higher mining royalty after law changeThe Supreme Court ruled that state governments can charge higher royalties from mining companies if laws change after a tender agreement. I...