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Sterling steady but weak business activity data weighs
2+ hour, 4+ min ago (345+ words) LONDON, May 21 (Reuters) " The pound was steady against the dollar on Thursday as broader currency markets focused on developments in the Iran war, while traders digested "some worse-than-expected surveys of British business activity. Sterling was flat at $1. 3437. "Against the euro,…...
British Pound Under Pressure: UK PMI Data Signals Economic Slowdown, BBH Warns
28+ min ago (435+ words) Bitcoin World British Pound Under Pressure: UK PMI Data Signals Economic Slowdown, BBH Warns The British pound is facing renewed headwinds as fresh purchasing managers" index (PMI) data from the UK points to a sharper-than-expected slowdown in economic activity, according…...
Forex markets remain range-bound ahead of key economic releases
1+ hour, 43+ min ago (685+ words) AI Sentiment: 45/100 Neutral Gold is pulling back after a strong rally driven by lower US Treasury yields, while Fed minutes still flag upside inflation risk and Middle East tensions keep a bid under safe havens. That mix supports buying dips…...
Ilika's broadening commercial pipeline supports broker's conviction in solid-state battery play
2+ hour, 43+ min ago (408+ words) This record is published on behalf of Ilika PLC, a paid client of Proactive In exchange for publishing services rendered by the Company on behalf of Ilika PLC named herein, including the promotion by the Company of Ilika PLC in…...
Dubai Chambers meets GNCCI, GIPC and Importers strengthen trade ties
23+ min ago (359+ words) Dubai Chambers has held a series of high-level meetings with key trade and economic institutions in Ghana as part of efforts to strengthen bilateral trade, investment cooperation and private-sector partnerships between Dubai and Ghana. The engagements, held in Accra, brought…...
Indonesia boosts interest rates to 5. 25% as central bank fights inflation pressures
2+ hour, 4+ min ago (754+ words) Bank Indonesia delivered a larger-than-expected 50 basis point rate hike on May 20, 2026, bringing its benchmark 7-day reverse repurchase rate to 5. 25%. The move surprised most economists, who had anticipated a smaller 25 basis point increase, signaling the central bank's urgency in combating persistent…...
Govt Mulling Measures To Contain Widening Current Account Deficit: Goyal
27+ min ago (288+ words) New Delhi: Commerce and industry minister Piyush Goyal on Thursday said that the government is monitoring the present situation and several steps are under consideration to contain the widening current account deficit (CAD) in the country. The minister's statement came…...
Target sees 5. 6% sales jump in 1 Q | Arkansas Democrat Gazette
7+ hour, 12+ min ago (569+ words) NEW YORK -- Target reported the largest jump in comparable sales in four years Wednesday, but a cautious outlook overshadowed convincing evidence that changes under the company's new CEO are resonating with customers. Target raised its annual revenue outlook, saying it…...
Gold Prices Decline as Federal Reserve Hints at Potential Rate Increases
4+ hour, 8+ min ago (357+ words) Spot gold decreased 0. 4% to $4, 526. 48 per ounce. Corresponding gold futures contracts also slipped 0. 4% to comparable levels. Documentation from the Federal Reserve's late-April policy meeting revealed that most committee members were receptive to "some policy firming." This language indicates that interest rate…...
ZAWYA: ECI highlights strategic role in supporting UAE exporters amid global trade volatility
2+ hour, 13+ min ago (310+ words) H. E. Raja Al Mazrouei, Chief Executive Officer of Etihad Credit Insurance (ECI), underscored the critical role of export credit agencies in safeguarding trade continuity and strengthening the UAE's non-oil economy amid rising geopolitical uncertainty and evolving global trade dynamics during Economy…...