The United Kingdom’s labour market showed further signs of weakening in the three months to March, with the unemployment rate rising and payroll employment continuing to decline, according to data released by the Office for National Statistics on Tuesday.The UK ILO Unemployment Rate climbed to 5.0% in the three months…
Growth in British wages excluding bonuses stood at 3.4% in the first three months of 2026 compared with the same period a year earlier, according to official data released on Tuesday.The figure matched expectations from economists polled by Reuters, who had forecast regular average weekly earnings growth of 3.4%.The data…
Indian stocks are stuck in a correction this week as concerns about the economy remain. The blue-chip Nifty 50 Index retreated to ₹23,650 on Tuesday, down by 10% from its highest point this year. This retreat has coincided with the crashing Indian rupee and bonds.Indian stocks retreat amid US-Iran war…
The Kospi Index retreated into a correction as the recent rally takes a breather amid overheating concerns. It retreated to KRW 7,250, down by 10% from the year-to-date high of KRW 8,038. It remains up by over 72% this year and 178% in the last 12 months. So, is this…
Lloyds Bank share price rose for two consecutive days, beating some of its top rivals like NatWest and Barclays. It rose modestly as the company mapped plans to expand in the United States, as it targets the fast-growing data center business. It was trading at 96.40p, up from this month’s…
IG Group share price has gone parabolic and hit its all-time high after the company published strong financial results and boosted its forward guidance. It soared to a record high of 1,717p, becoming the best performing company in the FTSE 100 Index. It has jumped by over 53% this year,…
Lumen Technologies, once dismissed as a penny stock, is staging one of Wall Street’s most unexpected comebacks, with analysts pointing to its pivot into artificial intelligence (AI) connectivity as the driver of a 660% surge in its share price over the past two years, the Motley Fool said in a…
European shares moved lower on Monday as rising oil prices and continued bond sell-offs heightened inflation concerns, while the absence of any breakthrough between the United States and Iran kept investors cautious.The pan-European STOXX 600 index slipped 0.7% to 602.52 points as of 0703 GMT, extending losses after ending the…
India’s Jana Small Finance Bank said on Monday that the TVS Venu Group, led by industrialist Venu Srinivasan, will acquire a 5.64% stake in the lender through the issuance of warrants worth 3.17 billion rupees ($32.9 million).The investment will be made through GWC Family Fund Investments, which is part of…
Liquidators for China Evergrande Group are seeking 57 billion yuan in damages from PricewaterhouseCoopers, accusing the auditing firm of negligence in its audit work related to the failed Chinese property developer, a Hong Kong court was told on Monday.The potential damages claim adds to the financial and regulatory pressure already…