British construction firms witnessed an unprecedented rise in cost inflation in March, marking the sharpest month-on-month increase since records began in 1997, according to a survey released on…
Major global banks have revised their expectations for China’s monetary policy, now largely ruling out interest rate cuts for the year.The shift comes as recent economic data points…
Shelly Kittleson, the American journalist who was kidnapped last week in Iraq, has been released, according to Al-Monitor, the Middle East publication where she works as a freelance contributor. …
India’s central bank held borrowing costs steady on Wednesday as surging oil prices tied to the Iran conflict threatened to stoke inflation and cloud the case for growth-supportive…
Latin American currencies and equities retreated as escalating Middle East conflict and a broadly stronger dollar drove investors away from risk assets, with the Chilean peso among the…
Russia and China vetoed a UN Security Council resolution aimed at reopening the Strait of Hormuz on Tuesday, blocking a text that had been repeatedly diluted in an…
Faced with the twin challenges of rising inflation and slowing growth driven by the oil price shock, the European Central Bank is under pressure to act, with Commerzbank…
The American labour market has long been a complex machine of shifting gears, but in the current economic landscape, one cylinder is firing with more reliability than all…
Pakistan will repay a $3.5 billion loan to the United Arab Emirates this month, two government officials said, raising fresh pressure on the country’s foreign exchange reserves and…