By Priya Raman
Economist by training. Covers central banks, inflation, jobs data and the policy decisions that shape the cycle.
Taiwan's Q2 GDP Surges 12.92% on AI Chip Demand, Central Bank in Focus
Taiwan's economy expanded 12.92% year-on-year in the second quarter, beating forecasts thanks to AI-driven chip demand. The strong growth pu
Rupee posts best week since March on RBI-backed dollar sales
India's rupee finished the week higher, its best weekly performance since March, as state-run banks sold dollars in a pattern often linked t
BP launches North Sea sale as new CEO moves to cut debt
BP has formally started selling its North Sea operations, a business it has run for over 60 years. The move is part of CEO Meg O'Neill's pus
OMV Petrom's Q2 operating profit rises 27% but net profit drops 24%
Romanian energy firm OMV Petrom saw its core operating profit jump 27% in Q2 on stronger gas and fuel sales, but a higher tax bill dragged n
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.