The machinery of the US government is grinding to a halt. As a bitter political impasse over federal spending deepens in Washington, a partial government shutdown is set to begin next week, a self-inflicted crisis that will sideline hundreds of thousands of federal workers, halt a vast array of government…

In a carefully calibrated move designed to signal both patience and preparedness, India’s central bank left its benchmark interest rate unchanged on Wednesday, but kept the door wide open for future easing as the nation’s economy braces for the full impact of punishing US tariffs. The decision was a “dovish…

A tense and divided morning is unfolding across European markets, with stocks opening to a mixed and hesitant picture as the long-feared US government shutdown becomes a reality. This political crisis in Washington is casting a long and anxious shadow across the Atlantic, overshadowing a strong quarterly performance and forcing…

The UK property market showed signs of renewed momentum in September as house prices rose 0.5% compared with the previous month, according to data from Nationwide Building Society. The increase exceeded Capital Economics’ forecast for a 0.2% rise and lifted the average home price to £271,995, reversing a 0.1% decline…

Shares of British baker and fast-food chain Greggs rose 11.5% to 1,790p on Wednesday, topping the FTSE mid-cap index, after the company reaffirmed its full-year profit guidance despite a slowdown in underlying sales growth during the third quarter.By 9:10 am, the stock had given up some of the gains and…

Southeast Asia’s onshore wind power sector, long hampered by regulatory obstacles and reliance on fossil fuels, is on the cusp of a major transformation, with capacity projected to quadruple from 6.5 gigawatts (GW) in 2024 to 26 GW by 2030, according to a new analysis by Rystad Energy.“This resurgence is…

British manufacturing recorded its steepest decline in six months, with the suspension of production at Jaguar Land Rover (JLR) plants intensifying pressures already weighing on the sector. Data from S&P Global showed the manufacturing purchasing managers’ index (PMI) fell to 46.2 in September, down from 47 in August, confirming earlier…

Eurozone inflation nudged above the European Central Bank’s target for the first time since April, hitting 2.2% in September.This marks a significant moment as price pressures, particularly in services and energy, show signs of persistence.Despite this, the ECB is poised to keep interest rates steady at 2% for the third…

Dow futures tanked 230 points on Wednesday as the government entered its first shutdown in nearly seven years, stirring market unease.The sentiment was seen across all US stock futures as the S&P 500 futures slipped 50 points, while Nasdaq futures took a sharper plunge of over 180 points.The investors turned…