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Latest Articles
Payday pressures are pushing workers to tap into their savings, new survey suggests
47+ min ago (637+ words) More than one quarter of American workers (27%) have unexpectedly had to move money out of their savings account in the last day, per new research. And a little more than one in 10 (12%) have done so in the last few hours,…...
Chinese Yuan: Upside risk below 6.6900 against US Dollar – UOB
1+ hour ago (257+ words) United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann describe USD/CNH as softening within a 6.6900–6.7000 range, with scope for a dip below 6.6900 while major support at 6.6800 should hold. On a 1–3 week view, a close below 6.6900 could trigger…...
Dubai Business Forum – China strengthens trade and investment ties between Dubai and China
9+ hour, 15+ min ago (99+ words) The forum in Shenzhen brought together Dubai Chambers’ largest-ever overseas business delegation and more than 850 Chinese investors and business leaders Held under the theme ‘Momentum at Scale: Accelerating Shared Success’, the forum was organised by Dubai Chambers, with the Shenzhen…...
Wholesale Inflation Rises to 11.39% in September, Driven by Fuel and Food Prices
3+ hour, 35+ min ago (222+ words) New Delhi: Driven by higher fuel, crude petroleum, food and manufactured product prices, India’s wholesale price inflation rose to 11.39 per cent in September from 9.92 per cent in August. However, fuel and power inflation climbed the highest to 25.85 per cent, the…...
Revenue and Fiscal Deficits of States to be Higher
3+ hour, 22+ min ago (459+ words) Chennai: Both revenue deficit and fiscal deficit of states in FY27 are estimated to be higher than the Budget estimate and FY26 provisional actuals due to lower-than-expected tax revenue receipts and grants, amid higher capital spending. Slippage in the combined fiscal deficit…...
CPI Rises 3.7% as Gas Prices Surge
3+ hour, 41+ min ago (207+ words) The U.S. Bureau of Labor Statistics released Consumer Price Index figures for All Urban Consumers (CPI-U). CPI “increased 0.6% on a seasonally adjusted basis in September after rising 0.4% in August. … Over the last 12 months, the All Items Index increased 3.7% before seasonal adjustment,…...
Mortgage Rate Winning Streak Comes to an End
16+ min ago (730+ words) Well, what we didn’t want to happen, happened. We got a hotter-than-expected CPI report this morning, sending bond yields surging higher. After three straight days of slightly-better mortgage rates, there was some real promise we could make a more meaningful…...
Poland’s Trade Deficit Hits €3.05 Billion in August
6+ hour, 54+ min ago (113+ words) Poland’s trade deficit widened sharply to €3.05 billion in August 2026 from €2.16 billion in the same month a year earlier. It is the second highest trade gap since a record deficit in June 2022. Imports rose 15.4% year-on-year to €31.60 billion, driven mainly by higher…...
White House economic chief reveals why Americans aren't feeling optimistic about economy
22+ min ago (549+ words) White House National Economic Council Director Kevin Hassett analyzes the September CPI report, consumer spending and addresses negative views on the economy from voters on 'Varney & Co.' Americans are still spending, but frustration over inflation and borrowing costs is clouding…...
KÄSTLE ADVISORY BOARD REAFFIRMS ITS CONFIDENCE IN CEO MARKUS WEEGER
7+ hour, 1+ min ago (291+ words) Kästle today confirms Markus Weeger as Chief Executive Officer. More than six years in the Kästle Group, Weeger became Managing Director of Kästle in July of 2024 and was elevated to CEO in January 2025. This latest announcement confirms the confidence of…...