Business
Bloomberg survey forecasts two ECB rate hikes in 2026
Economists now expect the European Central Bank to raise interest rates twice this year, a sharp shift from prior forecasts that reflects…
Category: Business
Business
Gold slips as oil surge and dollar strength offset US-Iran tensions
Gold prices edged lower on Monday as a firming US dollar and rising crude oil prices undercut the metal's traditional safe-haven appeal,…
Business
BIS warns broad fiscal stimulus risks forcing more rate hikes
Central banks across the world's largest economies are shifting toward tighter monetary policy as the energy shock from the Iran war keeps…
Business
ECB’s Kocher says rate hike inevitable if inflation outlook doesn’t improve
The European Central Bank faces a deepening internal divide over whether to raise interest rates next month, as hawkish policymakers warn action…
Business
Alphabet, Amazon tap new bond markets to fund AI race
Amazon is preparing to issue Swiss franc-denominated bonds in a six-part sale, according to a regulatory filing that did not disclose a…
Business
ECB’s de Guindos urges caution on June rate hike
The European Central Bank faces mounting pressure to raise interest rates at its June meeting, as Governing Council members signal that a…
Business
China’s April inflation blows past forecasts as Iran war drives energy costs higher
China's consumer and producer prices accelerated far more than expected in April, data released Sunday by the National Bureau of Statistics showed,…
Business
Bitcoin slides as Trump rejects Iran ceasefire response
Bitcoin fell sharply on Sunday after President Donald Trump dismissed Iran's latest response to a U.S. peace proposal, reigniting fears of prolonged…
Business
ADB warns oil prices to stay elevated as Iran war fuels global inflation
The fuel crisis triggered by the U.S.-Iran conflict and the near-total closure of the Strait of Hormuz is now rippling through economies…
Business
European carmakers absorb €8B in tariff costs as Trump sets July 4 deadline
President Donald Trump has escalated his trade dispute with the European Union, threatening to push tariffs on EU imports to even higher…