By Priya Raman
Economist by training. Covers central banks, inflation, jobs data and the policy decisions that shape the cycle.
Siemens Energy's November Targets Could Beat Market Expectations
Siemens Energy's upcoming investor update on November 11 could bring better-than-expected midterm targets, according to Bank of America. The
Hong Kong's trade gap narrows as AI electronics exports surge
Hong Kong's trade deficit narrowed sharply in July as exports surged 50.7%, fueled by strong global demand for AI-related electronics. The g
Germany's Q2 growth beats estimates as exports offset energy costs
Germany's GDP rose 0.3% in the second quarter, better than the first reading of 0.2%, as exports led the way. Higher energy prices remain a
Aramco signs $3.7B in deals with French firms for drilling gear and AI tech
Saudi Aramco has signed more than $3.7 billion in agreements with French firms, covering drilling equipment, steel piping, and an AI digital
Riksbank holds rates at 1.75% but signals future hikes despite low inflation
Sweden's central bank held its policy rate at 1.75%, but minutes reveal officials still see a hike ahead. Despite July inflation at just 0.7
Australian consumer confidence edges up as mortgage holders lead
Australian consumer confidence ticked up again in late August, with mortgage holders leading the improvement. However, households' inflation
RBA minutes reveal board split on rate hikes, cash rate held at 4.35%
Minutes from the RBA's August meeting reveal a divided board, with several members pushing for another rate hike. The cash rate stays at 4.3
Woodside's Half-Year Profit Rises 7% on Higher Oil Prices
Woodside Energy reported a 7% rise in half-year underlying profit to $1.33 billion, driven by higher oil prices. The company also increased
ExxonMobil to automate half its Permian rigs by 2028
ExxonMobil told Reuters it will expand robotics-enabled drilling to half its Permian Basin rigs by 2028. The move aims to cut costs and boos
Nano Nuclear, Tillman sign framework for 2 GW of AI data center power
Nano Nuclear Energy and Tillman Global have signed a nonbinding framework to explore building 2 gigawatts of advanced nuclear power for US A
China opens applications for $119B infrastructure backstop
China has opened applications for an 800 billion yuan ($119 billion) policy-based financing tool to accelerate infrastructure projects. Brok
Shell's US chemicals unit draws $8B interest from Exxon, Apollo
Shell is selling its US chemicals business, which has drawn interest from ExxonMobil, LyondellBasell, Apollo, and Kuwait Petroleum. Non-bind