ECB stresses flexibility in rate cuts amid inflation concerns
European Central Bank (ECB) officials emphasised the need for flexibility in determining the pace of interest-rate…
China’s services trade booms in 8 months
China's services trade saw robust growth in the first eight months of 2024, reaching nearly $691.24 billion, a 14.3…
Dollar weakens against yen following inflation data
The US dollar declined against the Japanese yen on Thursday after the release of inflation data that showed a…
China to raise gasoline, diesel prices on Friday
China's National Development and Reform Commission (NDRC) announced on Thursday an increase in retail prices for…
Hungary’s inflation slows to 3% in September ’24
Hungary's inflation has eased to 3 per cent in September, aligning with the central bank's target, according to the…
UK finance minister faces pressure for major tax hike – IFS
British finance minister Rachel Reeves may need to announce a £25 billion ($33 billion) tax increase in her first…
Fitch affirms India’s IRB Infrastructure Developers’ rating
Fitch Ratings affirmed India-based IRB Infrastructure Developers Ltd's Long-Term Issuer Default Rating and the…
Indian rupee remains stable on Thursday
The Indian rupee closed flat on Thursday, with the RBI's intervention helping it withstand pressure from foreign…
BOJ deputy governor hints at potential rate hike
Deputy Governor of the Bank of Japan (BOJ) suggested that the central bank may consider raising interest rates if…
US weekly unemployment claims hit highest level since August ’23
US seasonally adjusted initial unemployment claims rose to 258,000 for the week ending October 5, an increase of…