Business
Gold rises as US-China trade uncertainty persists, investors eye inflation data
GOLD prices edged higher on Wednesday as uncertainty surrounding the finalisation of a US-China trade agreement weighed on sentiment and…
Tag
Inflation
Business
Gold Edges Up as Investors Await US–China Talks and Inflation Data
There was the aroma of uncertainty lingering over trading desks on Tuesday. As gold crept up, investors struggled with the hope that…
Business
Bank of Japan vows to keep raising rates if underlying inflation accelerates
Bank of Japan Governor Kazuo Ueda on Tuesday stressed anew the central bank’s readiness to keep raising interest rates if underlying…
Business
Europe: Shares flat amidst inflation data, trade jitters
EUROPE’S benchmark stock index ended little changed on Tuesday, as investors ceded ground under the dual pressure of softening economic…
Business
IHH Healthcare revenue could soften on medical inflation measures
IHH Healthcare will likely face “some softening of (patient admissions) and revenue” from measures the group has implemented to combat…
Business
Australia: Shares at 3-month high ahead of inflation data; RBNZ decision in focus
AUSTRALIAN shares climbed on Wednesday, reaching their highest levels in more than three months, supported by strength in banking and…
News
2025 ‘stimulus checks’ from New York state are coming: Am I getting an inflation refund from the government?
At a time of skyrocketing costs in the U.S., looming tariffs, and fears of a recession, New Yorkers are finally getting some good news:…
Business
Trade war may lower growth and inflation in eurozone, ECB’s Cipollone says
A GLOBAL trade war could lower both economic growth and inflation in the eurozone, and it could have an “unambiguously recessionary…
Business
Bank of Korea holds rate steady after inflation sped up and won wobbled
The Bank of Korea (BOK) held its benchmark interest rate steady to foster stability after consumer inflation unexpectedly picked up and…
Business
UK inflation: Why the fall won't last long
Kevin Peachey Cost of living correspondent The rate of rising prices - inflation - has eased for the second month in a row, official…
Business
UK inflation falls as price of petrol drops
Faarea Masud BBC Business reporter Falling petrol prices drove UK inflation down by more than expected in the year to March. Inflation was…
Business
New Zealand central banker says inflation hit from higher tariffs ‘more ambiguous’
Since the start of April, global markets have been rocked by volatility, while policymakers have been grappling with heightened recession…
Business
Fed’s Powell says larger-than-expected tariffs mean higher inflation, slower growth
US President Donald Trump’s new tariffs are “larger than expected” and the economic fallout including higher inflation and slower growth…
Culture
Gold steady near all-time high as Trump’s tariff plans stir inflation woes
GOLD prices on Tuesday hovered near a record high scaled in the previous session, as investors remained anxious that US President Donald…
Business
ECB’s Lagarde says keeping inflation in check is a ‘constant battle’
President Christine Lagarde said that the European Central Bank can’t relent on inflation, with the US administration’s trade policy…
Business
US: Stocks plunge on tariff fears, inflation data
Wall Street stocks plummeted on Friday (Mar 28), with all three major indices ending the day sharply lower in anticipation of a fresh wave…
Business
US: Wall St opens lower after data fans inflation worries
Wall Street’s main indexes opened lower on Friday (Mar 28) as data showed underlying price pressures rose more than expected last month…
Business
PSA International FY2024 net profit falls 25% to S$1.1 billion on higher costs, inflation
Temasek-owned port operator PSA International on Friday (Mar 28) reported a 25.2 per cent drop in net profit to S$1.1 billion in 2024,…
Business
PSA International FY2024 net profit falls 25.2% to S$1.1 billion on higher costs, inflation
Temasek-owned port operator PSA International on Friday (Mar 28) reported a 25.2 per cent drop in net profit to S$1.1 billion in 2024,…
Business
US Fed official warns ‘inevitable’ tariffs boost inflation
It seems “inevitable” that Donald Trump’s tariff plans will push up near term inflation, although the increase could be short-lived, a…
Business
UK inflation drops to 2.8% as clothing prices fall
Mitchell Labiak Business reporter, BBC News UK inflation fell by more than expected in February, driven by a drop in clothing and shoe…
Business
Japan’s corporate service inflation hits 3.0%, keeps BOJ rate hike bets alive
A leading indicator of Japan’s service-sector inflation hit 3.0 per cent in February, data showed on Wednesday, keeping alive expectations…
Business
Insurers brace for inflation, shift towards private assets: Goldman Sachs survey
While inflation remains a pressing concern for most insurers, their appetite for private assets remains robust. Despite the economic…
Business
IMF calls for Thai rate cut to support inflation, ease debt load
A FURTHER reduction in Thailand’s policy interest rate will help shore up low inflation and ease the burden for local borrowers, according…