As its firms look overseas, China overtakes US to become top foreign investor in Germany
China overtook the US to become Germany’s top single-country source of foreign direct investment (FDI) last year, a…
Biggest drop in petrol purchases in six years hits retail sales in Great Britain | Retail industry
Motorists cutting back on petrol and fuel purchases at the steepest rate since the Covid pandemic in 2020…
Rupee rises 18 paise to 96.18 against US dollar in early trade, ETEnergyworld
The Indian rupee strengthened against the US dollar on Friday. This rise was driven by easing crude oil…
UK borrowed bigger than forecast £24.3bn in April as inflation adds to benefits bill | Government borrowing
The UK borrowed more than expected in April as high inflation drove up the cost of pensions and…
What are the main events for today?
EUROPEAN SESSION In the European session, the main highlight was the UK retail sales report. The data missed…
‘Cash is king’: Hong Kong, mainland Chinese firms hoard reserves as growth options narrow
More companies and conglomerates in Hong Kong and mainland China are hoarding cash on their balance sheets –…
RBNZ set to hold at 2.25% but majority now see hikes coming by end-September
A Reuters poll shows 28 of 29 economists expect the RBNZ to hold rates at 2.25% on May…
Yield outlook: Rate hikes in the us
The outlook for a potential peace agreement between the US and Iran and, not least, when traffic through…
Here’s why food prices will be a major issue in November
Grocery prices on everyday staples — from bananas to ground beef — likely will spike this fall, just…
Rupee’s RBI-spurred relief rally to fade on Asia FX weakness, hedging
MUMBAI, May 22 (Reuters) – The Indian rupee is poised to weaken at Friday’s open, mirroring declines in…
Think Inflation Is Fed Chair Kevin Warsh’s Biggest Challenge? Guess Again…
The well-telegraphed change at America’s foremost financial institution that Wall Street has been waiting for has occurred. May…
EU cuts euro zone 2026 growth forecast on Mideast war
The euro zone economy will slow in 2026 after war in the Middle East triggered the second energy…