China’s central bank to return to gold buying as prices ease, analysts say
China, the biggest official sector buyer of gold, is expected to resume its bullion shopping spree once prices ease from…
India cenbank likely to set cut-off yield on 10-year state bonds in 7.37%-7.41% band
Indian states will aim to raise an aggregate of 77.50 billion rupees ($928.2 million) on Tuesday through a sale of…
Ukraine drums up support to shield and rebuild shattered cities
Ukraine and its allies drummed up support to protect Ukrainian cities from Russian missiles at a conference in Berlin on…
Markets underpricing summer UK rate cut as jobs market cools
The UK jobs market is cooling quite noticeably now, and that makes it all the more surprising that financial markets…
World Bank says global growth stabilizing but well below pre-pandemic levels
The World Bank on Tuesday said the U.S. economy’s stronger-than-expected performance has prompted it to lift its 2024 global growth…
Hamstrung at home, G7 leaders struggle to resolve global woes
Group of Seven (G7) leaders will fly to southern Italy this week for their annual summit in downbeat mood, confronting…
European elections: What a shift to the right could mean for the economy and markets
The results are clear. By a huge margin, the centre-right European People’s Party (EPP) will be the strongest political group…
China’s discount wars risk cementing frugal consumer mindset
An aggressive market grab by low-cost Chinese retailers has delivered bumper earnings for some firms but has also intensified a…
UK economy slows to a halt in April in bad timing for Sunak
Wet weather helped bring Britain’s economic growth to a halt in April after a strong start to 2024, and the…
ECB says many euro zone banks dragging their feet on loan-loss provisions
Many euro zone banks are still far from meeting accounting rules on the provisions needed to protect against loan losses,…