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 –…
One in a thousand: The European countries where the ultra-rich earn the most
The share of income going to the richest 0.1% varies widely across Europe. In some countries, it is…
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…
‘Criteria makes no sense’: Frustration grows over fuel aid cutoff
Residents apply for cash assistance aimed at easing financial strain caused by the Middle East crisis at a…
Australian house prices could fall 10pc following Labor’s tax changes, Morgan Stanley says
House prices nationally could fall as much as 10 per cent in the largest correction in the past…
Bank of Japan might be behind the curve on interest rate increases
The Bank of Japan’s wait-and-see approach is being stress-tested live as bonds fall and the yen remains weak,…
Inflation: Spain again recorded the highest increase among the major eurozone economies for April
The cost of living is rising faster in Spain than in the major eurozone economies. The year-on-year inflation…
Global supply chains unstable for years, not months
Posted inTrade Large businesses already understand the severity of disruptions and are diversifying suppliers, regionalising production, and shortening…
JPMorgan Chase Weighs AI Workforce Shift Interest Rate Risks And Governance
JPMorgan Chase (NYSE:JPM) is reshaping its workforce as CEO Jamie Dimon flags a shift away from traditional banking…
Govt weighing steps to check current account deficit: Piyush Goyal | India News
NEW DELHI/MUMBAI: Amid a depreciating rupee, commerce and industry minister Piyush Goyal on Thursday said govt is considering…