By Priya Raman
Economist by training. Covers central banks, inflation, jobs data and the policy decisions that shape the cycle.
BOJ holds rates at 1% but warns inflation could overshoot target
The Bank of Japan left its policy rate at 1% but cautioned that underlying inflation could overshoot its 2% target. AI-driven demand and a w
Borouge's Q2 profit holds at $189.5M but logistics, Hormuz risk loom
Borouge's Q2 profit held at $189.5M even as plants ran at 60% utilization. The plastics maker warns that a return to high output depends on
China's factory and services activity shrink again in July as demand weakens
China's factory and services activity slipped back into contraction in July, with the official PMI falling below the 50 mark. New orders shr
Tokyo inflation ticks up to 1.9%, keeping BOJ rate hike in focus
Tokyo's core inflation rate edged up to 1.9% in July, staying close to the Bank of Japan's 2% target. The data keeps markets focused on whet
UK business confidence rises as energy costs ease after Iran ceasefire
UK business confidence edged higher in July as falling energy prices and a ceasefire in the Iran war eased pressure on companies. The Lloyds
New Zealand consumer confidence jumps but inflation fears linger
New Zealanders felt more optimistic in July, with the ANZ-Roy Morgan confidence index jumping 8 points to 99.3. But inflation expectations r
Bank of Japan Holds Rates at 1% but Signals Future Hikes as Yen Weakens
Japan's central bank held its key interest rate at 1% on Friday but maintained a hawkish tone, leaving the door open for further hikes. The
Energy stocks climb as oil prices dip amid US-Iran tensions
Energy stocks climbed late Thursday even as oil prices slipped, with the NYSE Arca Oil Index and Energy Select Sector SPDR Fund both higher.
Mexico's economy posts strongest quarterly growth since 2020
Mexico's economy grew 1.5% in the second quarter, its fastest pace since late 2020, rebounding from a 0.6% contraction in Q1. The broad-base
German inflation rises to 2.8% in July as energy costs jump, clouding recovery outlook
Germany's inflation rate rose to 2.8% in July, up from 2.4% in June, as energy costs jumped 8.3% year-on-year. The increase comes even as th
US economy grew 1.5% in Q2 as consumer spending surged but inflation stayed hot
The US economy expanded at a 1.5% annual rate in the second quarter, missing the 2.0% forecast. Consumer spending jumped 3.2%, but inflation
Shell's trading desks turn market volatility into a $9.8 billion quarter
Shell reported second-quarter adjusted earnings of $9.84 billion, more than double last year, as volatile energy markets boosted its trading