India’s central bank held borrowing costs steady on Wednesday as surging oil prices tied to the Iran conflict threatened to stoke inflation and cloud the case for growth-supportive rate cuts.The Reserve Bank of India’s six-member monetary policy committee (MPC) kept the repo rate — the benchmark at which the RBI…
Major global banks have revised their expectations for China’s monetary policy, now largely ruling out interest rate cuts for…
British construction firms witnessed an unprecedented rise in cost inflation in March, marking the sharpest month-on-month increase since records…
The closure of the Strait of Hormuz has answered a question the energy world had been debating for a…
Euro zone inflation expectations are at risk of rising more quickly than in the past, and the European Central…
Every day the Strait of Hormuz stays closed, the global economy absorbs a cost that no military briefing fully…
Pakistan will repay a $3.5 billion loan to the United Arab Emirates this month, two government officials said, raising…
The US labour market showed signs of resilience toward the end of March, with fresh data pointing to subdued…
Shares of General Motors fell about 4% on Thursday after the company reported a sharp decline in first-quarter sales,…