British consumer price inflation slowed to 2.8% in April from 3.3% in March, according to official data released on Wednesday. The reading came in lower than economists’ expectations. Analysts polled …
Business
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British house prices were flat in the 12 months to March after recording a 1.7% increase in the year to February, according to data released by the Office for National …
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Foreign holdings of US Treasuries declined in March, according to data released by the US Treasury Department on Monday, with Japan and China leading the reduction in exposure. Total foreign-owned …
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India’s power demand has surged to fresh records this week as a brutal heatwave grips much of the country, pushing electricity consumption to levels never seen before. Bloomberg reported that …
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Business
WFH, EV push: how India is responding to PM Modi’s fuel-saving call amid Iran war
by adminby adminFollowing Prime Minister Narendra Modi’s call for Indians to conserve fuel and save foreign exchange as the country grapples with the fallout of the Iran war, state-run institutions, public sector …
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The International Monetary Fund (IMF) raised its growth forecast for the UK economy on Monday but warned that growing domestic uncertainty and political instability could weigh on spending and investment. …
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Business
The ‘Thucydides Trap’: why a 2,500-year-old war loomed over the Trump-Xi summit
by adminby adminIn 2015, Chinese President Xi Jinping used the term “Thucydides Trap” in Seattle before an audience that included former Secretary of State Henry Kissinger. “There is no such thing as …
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Incoming Federal Reserve Chair Kevin Warsh could face significant challenges in reducing the US central bank’s role in financial markets as rising federal debt and weakening demand advantages for US …
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US industrial production rebounded strongly in April, while retail sales continued to show resilience despite mounting inflationary pressures across the economy. According to data released on Friday by the Federal …
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At the time of writing, President Trump, along with a clutch of top US corporate executives, is in China. Mr Trump and Chinese President Xi Jinping have already held a …