For a few dollars more: Inflation bypass can hurt
It is a bit of a puzzle for a Monetary Policy Committee with an inflation-targeting mandate to unanimously…
Strong US job growth beats expectations in May, firming recent gains
The leisure and hospitality industry added 70,000 jobs in May, well above its average monthly gain over the…
Canada’s surprise jobs surge masks persistent labour market weakness as trade losses linger
Canada’s surprise jobs surge masks persistent labour market weakness as trade losses linger Proactive uses images sourced from…
Wall Street slumps as chips slide, robust jobs data stokes fears of hawkish Fed
By Stephen Culp and Medha Singh NEW YORK, June 5 (Reuters) – Wall Street tumbled on Friday as…
While South Africa depends on Lesotho’s water, a $6.2 billion US deal could help Lesotho depend less on South African electricity
Signed on June 4 between Convalt Energy and Lesotho’s Ministry of Energy, the 98 billion-maloti deal covers…
Firm US jobs numbers boost rate hike chances, but lack of breadth remains a concern – ING THINK economic and financial analysis | ING THINK
Firm US jobs numbers boost rate hike chances, but lack of breadth remains a concern ING THINK economic and…
Tax policy as economic diplomacy: Is India selling tax relief—or buying strategic relevance?
The debate surrounding India’s reported decision to abolish capital gains tax on government securities held by foreign investors…
China pulled into public debate over subsidies by OECD report
Economy Beijing calls organization’s findings on overcapacity and market share ‘one-sided’ Steel rolls from China are seen after…
India GDP up 7.8% in March quarter despite Iran war impact
Economy Annual growth up from previous fiscal year but rising inflation looms For the full fiscal year through…
UK house prices fall for third successive month amid Iran war uncertainty | Housing market
UK house prices fell unexpectedly in May as rising mortgage rates fuelled by the war in Iran affected…
Blockbuster US job gains ruffle Wall Street
The US economy added a forecast-beating 172,000 jobs in May, but markets saw the data as signal the…
RBI’s inflation forecast signals 1-2 rate hikes in coming months: Experts
The Reserve Bank’s move to raise its inflation forecast signals the possibility of one to two rate hikes…