By Priya Raman
Economist by training. Covers central banks, inflation, jobs data and the policy decisions that shape the cycle.
Activist Toms Capital pushes Devon Energy to consider a sale
Toms Capital Management, now a top-five Devon Energy shareholder, is pushing the oil-and-gas producer to consider a sale. The fund argues th
US business activity hits five-year high as new orders surge
US business activity hit a five-year high in September as new orders surged, but supply bottlenecks and higher input costs are raising conce
Hong Kong inflation edges up to 1.7% as utility costs surge
Hong Kong's consumer prices rose 1.7% in August from a year earlier, with utility costs surging 11.5%. Officials are monitoring Middle East
Taiwan factory output jumps 23.5% in August on AI chip demand
Taiwan's industrial production rose 23.47% year over year in August, beating forecasts. Computers and electronics output soared 95.71% as AI
South Africa's inflation ticks up to 4.4%, but rate cut hopes stay
South Africa's consumer inflation edged up to 4.4% in August, but came in below forecasts. Most economists still expect the central bank to
Eurozone PMI surge revives case for October ECB rate hike
Eurozone business activity unexpectedly accelerated in September, with the flash PMI hitting a 41-month high. The stronger data, along with
UK services growth cools as price pressures complicate rate path
UK services firms grew more slowly in September, but price pressures picked up. That mix complicates the Bank of England's next rate call an
OECD Raises Turkey Inflation Forecasts Again, Cuts Growth Outlook
The OECD now sees Turkey's inflation at 31.5% in 2026, up from its previous 28.4% forecast, while cutting growth expectations again. The rev
OECD: AI investment props up growth as energy costs keep inflation sticky
The OECD says heavy AI infrastructure spending is supporting global growth, even as higher energy costs keep inflation sticky. It now sees 2
Denmark's central bank lifts 2025 growth forecast to 4% on pharma boom
Nationalbanken now expects Denmark's economy to grow 4% this year, driven by a jump in pharmaceutical production overseas. The upgrade highl
Singapore core inflation rises to 2.2% in August, MAS warns of prolonged pressure
Singapore's core inflation picked up to 2.2% in August, up from 2.0% in July. The central bank warns price pressures could persist into 2027
South Africa's inflation test and rate decision loom over markets
South Africa's markets face a pivotal Wednesday as August inflation data and the central bank's repo rate decision arrive. The outcomes will