Schroders Buys 10-Year Treasuries Citing Attractive Yields
British asset manager Schroders Plc has bought more of 10-year US Treasuries, saying yields have nearly peaked after the recent selloff.
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Try Siguimi free →Billionaire Birla Unit’s Buyout Loan Draws $2.5 Billion in Bids
A unit of Indian billionaire Kumar Mangalam Birla’s conglomerate has received as much as 240 billion rupees ($2.5…
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Home loan applications down by 15% since budget, CBA says – as it happened
This blog is now closed Get our breaking news email, free app or daily news podcast Shadow treasurer says tobacco plans…
Read at source →US Diesel Prices Climb to Highest Since Mid-2022
US retail diesel prices hit a four-year high, topping a peak seen during the early stages of the Iran war to approach a…
Read at source →USD/INR: How FCNR Deposits From Overseas Indians Were Used to Support the Rupee
In June, India turned to its 35 million-strong diaspora to help stem a sharp decline in the rupee.
Read at source →Billionaire's Tasmanian trainwreck has broken workers and marriages
Locals fear the closure of another smelter in Tasmania will be disastrous for the economy as anger brews over the…
Read at source →Zelenskyy Fires Secret Service Official After Kyiv Shootout
Ukrainian President Volodymyr Zelenskyy dismissed a department head at the country’s security service following a…
Read at source →India’s Record Diaspora Inflows Swamp Banks, Test RBI Tools
India drew a record $127 billion from its vast diaspora, surpassing even the most optimistic estimates and giving…
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Chinese central bank chief’s remarks at G20
People’s Bank of China Governor Pan Gongsheng rejected criticism of China over global trade imbalances at the G20…
Read at source →Taiwan Proposes Funding Package to Secure LNG Disrupted by War
Taiwan has proposed more than $13 billion in funding, mainly for its state-run energy companies, to secure liquefied…
Read at source →Chalmers can't avoid questions on house prices, Marles learns from melon saga
This week in Canberra the treasurer was grilled over the economy, the Coalition finally released its tobacco excise…
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How much should you give towards a leaving gift?
We ask workers in London how much they'd contribute.
Read at source →Carry Trade Funding May Shift to Yuan From Yen, BBVA Says
The Chinese yuan’s appeal may grow as an alternative to the yen for carry trades if the Bank of Japan makes further…
Read at source →Bangladesh Pays Most for Gas Since 2022 to Ease Power Blackouts
Bangladesh was forced to pay the most for liquefied natural gas than it has in about four years, threatening to drive…
Read at source →European Stocks Gain as Fed Rate-Hike Wagers Ease; Soitec Jumps
European stocks gained as traders reduced bets on a Federal Reserve rate hike following remarks from Governor…
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India's GDP growth defies oil shock but stirs up controversy
India's 7.8% GDP growth has been met with scepticism over methodology and long-term durability due to a weak monsoon.
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China rejects G20 trade-imbalance claims, says no need to devalue yuan
China has fired back at critics of its trade imbalances at a Group of 20 gathering, with the central bank firmly…
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Türkiye's annual inflation eases slightly to 31.5% in August
Annual inflation in Türkiye cooled slightly to 31.5% in August, while month-on-month consumer prices advanced 1.84%,…
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Turkish inflation continues to cool despite Iran war energy pressures
Turkish annual inflation eased in August for the third straight month, even as monthly prices advanced slightly…
Read at source →Malaysia Holds Key Rate and Signals Hawkish Pivot; Swaps Climb
Malaysia’s central bank extended its interest rate pause but tweaked its monetary policy statement to remove a…
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The Elephant in the Canadian Room
At first glance, the current American-Canadian trade “war” is absurd. We are neighbors with a long history of close…
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Tim Cook stepped down as Apple CEO, but the ‘Trump whisperer’ isn’t going anywhere
Cook is giving up Apple’s top job, but his years navigating Trump, tariffs, and China are still valuable enough for the…
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Why did BOK suddenly stop disclosing its FX reserve ranking?
The Bank of Korea (BOK) has decided to stop disclosing Korea's ranking among major countries by foreign exchange…
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'Junk Borrower' Pakistan Raises $3 Billion: Economic Comeback Or False Dawn?
Pakistan has been trying to rebuild its economy after coming close to a default. It received an International Monetary…
Read at source →Crest Nicholson Now Sees Full-Year Loss on UK Housing Slump
Crest Nicholson Holdings Plc reversed previous guidance for a modest profit this year and now expects to make a loss…
Read at source →Ghana Cocoa Output May Sink by More Than a Third, Marketer Says
Ghana’s cocoa output could tumble by more than a third as adverse weather and disease stresses trees, its state-run…
Read at source →Cleaner Stock Market Positioning Raises Risks of Gain Chasing
Investors have spent the summer bracing for trouble, and all that caution has created a problem of its own: The real…
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Toilet paper becomes a kitchen table issue for Trump again as Canada’s retaliatory tariffs could spell another shortage
A tariff fight with Canada is pushing tissue prices higher, echoing the shortage scare that preceded his 2020 election…
Read at source →Implats Hikes Dividend as Profit Soars on Platinum Price Rally
Impala Platinum Holdings Ltd. announced a bulked-up dividend after profit in the last fiscal year soared more than…
Read at source →Earnings at South Africa’s Discovery Surge; Bank Reports Profit
Discovery Ltd.’s full-year earnings rose as South Africa’s largest health-insurance administrator benefited from years…
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New US tariffs of up to 100% on foreign drones take effect
New U.S. tariffs of up to 100% targeting foreign-made drones and certain components took effect on Thursday as…
Read at source →Copper to Hit Record as Tariff Concerns Distort Market, ANZ Says
Copper has the scope to rise to a record early next year as US tariff concerns combine with supply challenges at mines…
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US slaps 100% tariffs on drones to counter Chinese dominance
New US tariffs of up to 100% on drones and parts took effect on Thursday as Washington moves to cut its reliance on…
Read at source →CVC Raises $10 Billion for Its Largest-Ever Secondaries Fund
CVC Capital Partners Plc raised $10 billion for its latest secondaries fund, the largest pool it has ever amassed for…
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Almost half of households do not see benefits of economic growth, report says
Analysis has found a "stark" gap in the spending power of households in the north and south of England on average.
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