China Downplays Deflation Troubles. Bond Vigilantes Aren’t Buying It.
Aging populations, as Japan taught us, are inherently deflationary. Folks in their 70s don’t spend the way 20-somethings do.
Fresh woes for pound and long-term borrowing costs after US data
There's more bad news for the chancellor to digest on her trade mission to China as financial market moves continue to weigh on her stewardship of the economy.
Gold prices likely to rise further in 2025 as central banks lead the charge amid diversification efforts
The global gold market recorded its best performance in more than a decade last year. Analysts expect the rally is likely to ...
Axis Bank economist Neelkanth Mishra calls for more investments from China
Neelkanth Mishra, the chief economist of Axis Bank, who is also a member of the Economic Advisory Council to the Prime ...
Reeves faces 'difficult decisions' on tax and spending
Chancellor Rachel Reeves faces "difficult decisions" if she wants to meet her self-imposed financial rules after borrowing ...
Fresh hits for pound and long-term borrowing costs as Reeves heads for China
The pound has come under renewed pressure at the end of a torrid week for the UK currency, falling to fresh 14-month lows ...
Biden administration sanctions Russia’s oil giants and tanker fleet
The White House, now unconcerned about the effect on gas prices and inflation, blacklisted two of Russia’s biggest oil ...
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Iron ore price logs weekly loss on soft demand but China stimulus limits fall
Iron ore futures edged up on Friday, aided by stimulus expansion from top consumer China, but ended the week lower on seasonally softening demand for the key steelmaking ingredient.
China’s Central Bank Stops Buying Bonds as Deflation Fears Grip Economy
The unexpected action is intended to tamp down a potential bubble in the bond market fueled by investors shunning riskier ...
Tax rise warning after Pound's fall and borrowing costs soar as Rachel Reeves criticised for China trip
Sir John Gieve, former Deputy Governor at the Bank of England, said the Chancellor may have to hike taxes or impose some ...
Analysis-China Central Bank Is Moving Faster Towards Its Policy Limits
The PBOC's seven-day reverse repo rate, its new benchmark policy rate since last year, stands at 1.5% after a total of 30 basis point (bps) cuts in 2024. It is 203 bps lower than in May 2012, the ...