By Priya Raman
Economist by training. Covers central banks, inflation, jobs data and the policy decisions that shape the cycle.
Thailand's Central Bank Proposes Cash Limits on Gold Bar Purchases to Curb Currency Volatility
The Bank of Thailand wants to cap cash payments for gold bar purchases, pushing larger deals onto traceable channels. The proposal aims to c
Australia's Hot Jobs Data Keeps RBA on Rate Hike Watch as Oil Rises
Australia's economy added 76,300 jobs in June, far surpassing forecasts, while the unemployment rate held steady at 4.4%. The strong labor m
South Korea's Q2 GDP Beats Forecasts at 3.7% Growth, But Momentum Slows
South Korea's economy expanded 3.7% in Q2 from a year earlier, beating forecasts. However, exports and consumer spending rose more slowly th
Union Urges BP Investors to Intervene in Four-Month Refinery Lockout
The United Steelworkers union is urging BP investors to pressure the company to end a four-month lockout at its Whiting, Indiana, refinery.
Ghana Central Bank Halts Rate Cuts as Iran War Fuels Inflation Concerns
Ghana's central bank paused its rate-cutting cycle, holding the policy rate at 14% as June inflation climbed to 5.3%. Energy market disrupti
Nigeria Issues $532 Million Bond to Clear Power Sector Debts
Nigeria has sold a 729 billion naira ($532 million) government-guaranteed bond to clear verified liabilities in its power sector. The move t
US Natural Gas Futures Rise 2.5% as Heat Wave Boosts Cooling Demand
US natural gas futures rose 2.5% to $2.94 per mmBtu as a broad heat wave boosted air-conditioning demand. Traders are watching Thursday's EI
Bolivia Nears $2.8 Billion IMF Deal to Rebuild Foreign Reserves Amid Unrest
Bolivia's government says it is days away from a $2.5-2.8 billion IMF deal, with more than half the funds arriving by early September to reb
RBI Sold $6.1 Billion in May to Defend Rupee as Oil Prices Surged
The Reserve Bank of India sold a net $6.1 billion in foreign exchange in May to defend the rupee, which hit a record low amid rising oil pri
Canadian Dollar Steady as US Tariff Threats Offset Oil Price Support
The Canadian dollar held steady Wednesday as new US tariff threats offset support from rising oil prices. Corpay warns the measures could li
HPCL Posts $1.4 Billion Quarterly Loss as Soaring Crude Costs Squeeze Fuel Margins
Hindustan Petroleum reported a massive quarterly loss as rising crude oil prices pushed its fuel marketing margins into negative territory.
Naturgy Raises Profit Forecast as Regulated Grids Offset Weak Energy Markets
Naturgy raised its full-year profit forecast after regulated power grids boosted first-half earnings. Distribution network EBITDA jumped 13.