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UK INFLATION CONSUMER SENTIMENT
Global agencies see India’s growth ringing louder; raise FY27 GDP forecasts on upbeat demand and investment sentimentIndia’s FY27 growth outlook has received upgrades from the OECD, Asian Development Bank, S&P Global Ratings and Fitch Ratings, with forecas...
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...
UK business activity cools as inflation pressure ramps up, PMI showsBritish business activity growth has slowed this month amidst pressures of inflation, showed a S&P Global survey on Wednesday. Prices charg...
Global Market: Singapore core inflation hits nearly two-year high in AugustIn August, Singapore's core inflation rose to 2.2%, surpassing both the prior month's rate and expectations. Headline consumer price inflat...
India scores high on latest WEF standings: Growth outlook strongest, but some ground lost with MNCsIndia's economy shows strong growth prospects for the next twelve months, a WEF survey found. Household incomes are also expected to rise, ...
Global Market: European shares muted at open as investors track US-Iran talks, oil gainsEuropean shares opened largely flat on Tuesday as investors remained cautious over potential US-Iran talks and developments around the Stra...
US economy enters higher-rate era as inflation, AI boom persistThe US economy may be entering a prolonged period of higher interest rates as persistent inflation, government borrowing and massive AI inf...
Dollars no longer buy happinessDespite an unexpected increase in spending, US consumer sentiment is showing a notable decline. Economists are delving into the underlying ...
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 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...
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 ...
India considers cutting vegetable oil import taxes as prices climbIndia is considering lowering import taxes on vegetable oils. This move aims to curb rising food inflation ahead of festival season. Lower ...
UK inflation rises to 5-month high, further pressuring Bank of England to raise rates this yearUnited Kingdom inflation reached a five-month peak in August, driven by fuel prices. This increase moves inflation further from the Bank of...
Global Market Today: Asian stocks steady as traders await Fed decisionMSCI’s Asian equities index advanced 0.1%. Contracts for Wall Street gauges also nudged up in early trading as OpenAI weighed a new funding...
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...
US consumer sentiment deteriorates in September, inflation expectations riseUS consumer sentiment declined in early September as fuel prices rose. Trade tensions also contributed to fears of increased inflation over...
Gold lingers near one-week low ahead of US CPI dataAs U.S. rate hike expectations firmed up, gold prices remained near a one-week low. The market is gearing up for the pivotal U.S. consumer ...