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    UK finance chief to outline fiscal ‘mess’, raising chance of tax rises

    UK finance chief to outline fiscal ‘mess’, raising chance of tax rises

    27 Jul 2024

    New British finance minister Rachel Reeves will spell out on Monday the scale of the public finances mess she says she has inherited, potentially paving the way for tax rises...

    US jobless claims increase as layoffs settle at higher levels

    US jobless claims increase as layoffs settle at higher levels

    21 Jul 2024

    US filings for unemployment benefits rose again last week and appear to be settling consistently at a slightly higher though still healthy level. Jobless claims for the week ending July...

    Fed faces wave of data before deciding on interest rate cut

    Fed faces wave of data before deciding on interest rate cut

    20 Jul 2024

    Investors have locked onto the US central bank’s Sept. 17-18 meeting for the start of interest rate cuts that Federal Reserve Chair Jerome Powell has said will represent a “consequential”...

    Global market slide as global tech outage rattles investors

    Global market slide as global tech outage rattles investors

    19 Jul 2024

    Stock markets slid on Friday after computer systems crashed worldwide, with sentiment also hit by US election uncertainty and Chinese economic worries. The London Stock Exchange saw a delayed start...

    World markets up as investors assess prospect of Trump win

    World markets up as investors assess prospect of Trump win

    15 Jul 2024

    World stock indexes and Treasury yields rose on Monday while the dollar dipped as investors weighed the prospect of Republican Donald Trump winning the US presidential race after he survived...

    China’s economy falters in Q2, raises pressure for more stimulus

    China’s economy falters in Q2, raises pressure for more stimulus

    15 Jul 2024

    China’s economy grew much slower than expected in the second quarter (Q2) as a protracted property downturn and job insecurity knocked the wind out of a fragile recovery, keeping alive...

    Goldman Sachs profit beats expectation in second quarter

    Goldman Sachs profit beats expectation in second quarter

    15 Jul 2024

    Goldman Sachs’ profit more than doubled in the second quarter and beat analysts’ estimates on strong debt underwriting and fixed-income trading, but slipped from a bumper first quarter when earnings...

    US rate cuts present investors with a tough choice

    US rate cuts present investors with a tough choice

    14 Jul 2024

    Looming US interest rate cuts are presenting investors with a tough choice: stick with the Big Tech stocks that have driven returns for more than a year or turn to...

    India’s retail inflation rate rises for the first time in 5 months in June

    India’s retail inflation rate rises for the first time in 5 months in June

    13 Jul 2024

    India’s retail inflation rate rose for the first time in five months in June due to a sharp rise in food prices, government data showed on Friday. Annual retail inflation...

    Japan may have spent over $22 billion in FX intervention

    Japan may have spent over $22 billion in FX intervention

    12 Jul 2024

    Japan may have spent up to 3.57 trillion yen ($22.43 billion) on Thursday in its most recent intervention in the foreign exchange market to wrest the yen up from 38-year...

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