By Priya Raman
Economist by training. Covers central banks, inflation, jobs data and the policy decisions that shape the cycle.
South Korea Inflation Hits 3.2%, Paving Way for July Rate Hike
South Korea's inflation accelerated to 3.2% in June, its highest in two and a half years. The data puts the Bank of Korea on track for a pos
Oil Hits Four-Month Lows as US-Iran Talks Ease Strait of Hormuz Fears
Oil prices slid to four-month lows after President Trump said US-Iran talks in Qatar went well, easing fears of disruption at the Strait of
Chile's Economy Slips Again as Copper Mining Output Plunges 11.6%
Chile's economy contracted for another month in May, as a steep decline in copper mining output pulled the country's key activity gauge lowe
RBI Governor Malhotra Says 4% Inflation Target Likely to Stay, Could Even Fall
Reserve Bank of India Governor Sanjay Malhotra said the 4% inflation target is unlikely to rise and could be lowered over time. The stance s
US Factory Growth Slows in June as ISM Index Dips to 53.3, But Employment Holds Steady
US factory activity expanded at a slower pace in June, with the ISM manufacturing index slipping to 53.3 from 54.0. New orders and productio
National Grid Invests $1.75 Billion in Texas Gas Plant to Power Microsoft Data Center
National Grid is putting $1.75 billion into a Texas gas plant to supply electricity to a Microsoft data center campus. The deal targets high
US Private Hiring Slows in June as Layoffs Plummet, All Eyes on BLS Report
Private hiring softened in June, with ADP reporting 98,000 new jobs, below May's 122,000 and economist forecasts. Meanwhile, planned layoffs
Oil Prices Slip as US-Iran Talks and Shipping Recovery Ease Supply Fears
Oil prices dipped, with Brent near $72 a barrel, as traders watched US-Iran talks and awaited fresh US inventory data. The market is focused
Berenberg Holds Iberdrola at 'Hold' Despite €58 Billion Grid Plan, Citing Price
Berenberg maintained a hold rating on Iberdrola after the Spanish utility unveiled a €58 billion investment plan through 2028, with most goi
South Africa Factory Slump Returns as PMI Drops to 47.3 in June
South Africa's manufacturing sector slipped back into contraction in June, with Absa's PMI falling to 47.3 from 50.8. New orders weakened ev
UK Factory Growth Slows in June as Stockpiling Lifts Output but Orders Falter
UK factory growth cooled in June as the S&P Global PMI slipped to 52.5. Output rose to its highest since September 2024, but new orders slow
Indonesia's Islamic Finance Market Surpasses $200 Billion as Sukuk Issuance Surges
Indonesia's Islamic finance market has crossed $200 billion in assets, with sukuk accounting for a third of debt issuance. Fitch Ratings exp