INVESTMENT management firm Vertical Theme is planning to seek approval in the coming weeks to start talks about selling its stake in Alliance Bank Malaysia, according to people familiar with the ...
Inflation accelerated for a third straight month in December on rising food and energy costs, reaching a five-month high and underscoring that an encouraging slowdown in price increases last ...
This partly drove a sharp fall in services inflation, which helped to bring down the overall level of the consumer prices index. Capital Economics estimated that air fares accounted for half of ...
Today’s much-worried-about CPI inflation reading was, contrary to the market’s fears, not too hot. Headline inflation rose from 2.8 per cent to 2.9 per cent in December, just as economists ...
Inflation rose 2.9% on an annual basis in December, with the latest Consumer Price Index illustrating the Federal Reserve's challenge in battling stickier-than-expected price increases. Last month ...
US stocks surged higher Wednesday after an encouraging inflation report and blockbuster profits for some of America’s biggest banks. The Dow surged 703 points, or 1.65%, to close at 43,222.
US stocks rallied sharply on Wednesday as traders took in encouraging inflation data and strong earnings from Wall Street banks. The sell-off in bonds also got some relief as the 10-year Treasury ...
The newest member of the Bank of England's interest rate-setting committee has made the case for up to four cuts this year following a surprise fall in inflation. Professor Alan Taylor used a ...
Wall Street closed higher on Wednesday, with all three major stock indexes posting their largest daily percentage gain since November 6, as investors cheered signs that inflation's still slowing ...
Eccles Federal Reserve Board Building, Friday, June 19, 2015, in Washington. (AP Photo/Andrew Harnik, File) WASHINGTON (AP) — U.S. inflation accelerated last month as prices for gas, eggs, and used ...
Markets cheered a December inflation report that suggested underlying price pressures are easing, but the Federal Reserve still isn’t likely to cut interest rates anytime soon given President ...
Core inflation rose 3.2% over the year, down from 3.3% in November, providing optimism for the trajectory of the cost of living. Cooler core inflation revived the possibility the Federal Reserve ...