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Australia Q1 consumer prices jump as Mideast war drives up fuel costs
40+ min ago (391+ words) SYDNEY, April 29 (Reuters) " Australian consumer prices surged in the first quarter as war in the Middle East drove up energy costs, while core inflation was again uncomfortably high for policymakers, keeping pressure on "for a rate hike next week. The…...
Post-budget clarity" boosts UK services sector but job shedding worsens
2+ mon, 3+ week ago (93+ words) The S&P Global UK services PMI survey scored a reading of 54. 0 in January....
UK shops heavily reduced prices to lure in shoppers amid Iran war
1+ day, 46+ min ago (12+ words) Shop prices overall are now 1 per cent higher than last April...
Bank of England set to hold interest rates despite Iran war pushing up inflation
4+ day, 11+ hour ago (256+ words) Economists have however suggested that continued inflationary pressure could lead to a rate hike in the summer....
Middle East energy crisis could wipe "35bn off UK economy " even in best-case scenario, think tank warns
46+ min ago (625+ words) The energy crisis triggered by the Iran war could wipe "35bn off the UK economy " even in the best-case scenario, a leading think tank has warned. But a prolonged conflict in the region could plunge the UK into recession during the…...
As nitrogen-based fertilizer prices soar, global food inflation looms
11+ hour, 32+ min ago (973+ words) A secondary wave of global food inflation looms as nitrogen-based fertilizer prices are soaring due to the ongoing conflict in West Asia. Assessing physical supply has become difficult, leading to increased hedging activities, analysts said." According to Capital Economics, while…...
Yongin sets outdoor unit noise rules to quiet South Korea apartments
2+ hour, 42+ min ago (12+ words) CHOSUNBIZ'Chosunbiz...
Global inflation rises as energy prices increase
10+ hour, 50+ min ago (213+ words) Floral Daily The conflict in the Middle East is creating supply shocks in energy markets and disrupting shipping, impacting industrial and food commodities Alongside short-term price increases, inflation data for March shows changes across major economies inflation accelerates to 3. 3% year…...
Paul Tudor Jones Calls Bitcoin the "Best Inflation Hedge
39+ min ago (341+ words) Home > Bitcoin News > Paul Tudor Jones Calls Bitcoin the "Best Inflation Hedge" The renowned hedge fund manager, Paul Tudor Jones, shook the foundations of financial markets by reaffirming his confidence in Bitcoin as an inflation hedge. In his statements during…...
Business News | SBI Calls for Structural Measures to Manage Rupee Depreciation, Inflation Risks and Bo P Deficit
29+ min ago (210+ words) Get latest articles and stories on Business at Latest LY. India needs a comprehensive and structural policy response to manage rising risks from rupee depreciation, imported inflation and a widening balance of payments (Bo P) deficit, according to a report by…...