India said it plans to double bilateral trade with the UAE to $200 billion by 2032, in a step toward diversifying its partnerships as a deal with the Asian country’s biggest trading partner, the U.S., remains elusive. In a whirlwind,…
Top officials from the EU and the South American bloc Mercosur signed a free trade agreement on Saturday in Paraguay, paving the way for the European Union’s largest-ever trade accord after 25 years of negotiations. The agreement, designed to lower…
The headline inflation number was below economists’ expectations of a 1.5% increase in the consumer price index, according to a poll. The increase in headline inflation and rising food prices was mainly due to “increase in inflation of personal care…
India and New Zealand on Monday announced a free trade deal that will make a majority of the goods trade between the two countries duty free. The trade pact, which will be reviewed after one year, will be signed in…
The rise in consumer inflation was due to rises in the price of vegetables, eggs, meat and fish, spices and fuel, the government said in its Friday release, adding that fuel and light prices rose 2.32% in November compared to…
The rise in consumer inflation was due to rises in the price of vegetables, eggs, meat and fish, spices and fuel, the government said in its Friday release, adding that fuel and light prices rose 2.32% in November compared to…
Treasury yields were lower on Friday after New York Federal Reserve President John Williams offered some hope to investors that the Fed may lower its key interest rate at its final meeting of 2025 next month. The yield on the…
President Donald Trump on Wednesday said he would love to fire Federal Reserve Chair Jerome Powell, but suggested that Treasury Secretary Scott Bessent is holding him back. ″[I’ll] be honest, I’d love to fire his ass,” Trump said of Powell…
Asia-Pacific shares mostly rose Thursday after U.S. President Donald Trump signed a funding bill into law, effectively ending the longest federal government shutdown in U.S. history. Japan’s benchmark Nikkei 225 index rose 0.43% to close at 51,281.83. The Topix added…
The U.S. Federal Reserve on Wednesday stateside cut interest rates by a quarter point, bringing the overnight funds rate range between 4% and 4.25%. That move was fully priced in markets — so traders got what they expected. It was…
