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INFLATION CONCERNS UK
Why are world bond markets selling off again?As inflation fears and mounting debt pressure rise, government borrowing costs have soared to unprecedented levels. The US Treasury yield, ...
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...
UK pound falls to three-month lows as investors fret over rates, oilThe pound has hit a three-month low against the dollar, triggered by mounting economic apprehensions. Investors are anxious about the effec...
Global Market: BoE's Taylor says energy prices alone do not justify rate hikeBank of England policymaker Alan Taylor said further rate increases remain unlikely unless higher energy prices generate persistent, broad-...
Apple and Amazon face revived UK consumer lawsuit over product salesIn a significant legal ruling, a UK tribunal has allowed portions of a consumer lawsuit against Apple and Amazon to proceed. The lawsuit al...
Global Market Today: Asian shares subdued as rising oil fuels rate hike concernsMSCI’s gauge of Asian stocks opened slightly lower with South Korea’s benchmark slipping as markets returned from a holiday, while Japanese...
US hiring appetite is healthy as economy powers aheadThe labor market in the US is poised for notable growth as nonfarm payrolls are anticipated to climb in September. Economists foresee the u...
UK consumer confidence hits over two-year high in September as personal finances improve: GfKUK consumer confidence unexpectedly reached its highest level in over two years in September, with GfK's barometer rising to -13. Supported...
Global Market: BoE's Lombardelli says rates may need to rise if energy prices stay highBank of England Deputy Governor Clare Lombardelli said UK interest rates may need to rise if elevated energy prices persist and fuel broade...
Global Market: UK business growth cools as inflation pressures build in SeptemberBritish business activity weakened in September, with the services PMI falling to a three-month low while inflationary pressures intensifie...
India co-sponsors inaugural partners for multilateralism summit at UNIndia co-sponsored a UN summit on multilateralism, stressing participative deliberations. Leaders met as the global order faces significant...
Climate Week talks balance hope for clean energy against uncertainty over AIGlobal leaders are meeting to address Earth's worsening health and climate change impacts. A renewable energy boom offers hope, while artif...
Gold eases on inflation woes, rate hike fearsGold prices dropped during the early hours of Asian trading on Monday, driven by escalating tensions in the Middle East and persistent infl...
Charting the global economy: Fed officials raise interest ratesThat marks the shortest interval between such moves since 1990, when the central bank’s rapid policy tightening played a key role in bursti...
Rising oil, borrowing costs fuel stagflation fears for global economyMiddle East conflict-driven energy price spikes and rising global borrowing costs are reviving inflation risks while threatening economic g...
Global Market: J.P. Morgan sees BoE rates rising amid renewed inflation risksJ.P. Morgan expects the Bank of England to raise interest rates by 25 basis points in November and again in 2027 after holding rates at 3.7...
Global Market Today: Asian stocks, bonds gain as oil extends declineMSCI’s regional equities gauge advanced 0.3% with South Korea’s Kospi index leading gains. That came after the S&P 500 Index rose 1.1% on T...
US Treasuries rally as oil cools and confidence in Fed’s Warsh growsUS Treasury yields fell as declining oil prices and renewed confidence in the Federal Reserve’s inflation fight eased pressure on the bond ...
Global Market: Bank of England seen holding rates as UK inflation climbsThe Bank of England is expected to hold its 3.75% benchmark rate for a sixth meeting despite UK inflation rising to 3.1% in August. Higher ...
Gold slips as oil gains strengthen case for elevated interest ratesGold experienced a decline on Tuesday, influenced by a rise in crude oil prices. Compounding this drop were growing fears over inflation an...