UK Inflation Stronger Than Expected on Higher Fuel Prices
UK inflation slowed less than expected last month as fuel prices crept higher, underscoring the reluctance of central bankers to begin cutting interest rates.
UK inflation slowed less than expected last month as fuel prices crept higher, underscoring the reluctance of central bankers to begin cutting interest rates.
Global equities struggled to regain their footing following a recent selloff as the dollar held its gains on bets that US interest rates may stay higher for longer.
Global funds are retreating from emerging markets in Asia, with a five-month buying spree of stocks ending on scaled-down expectations for US rate cuts.
Strategic Capital Inc., an activist fund led by Tsuyoshi Maruki, will push for the ouster of Daidoh Ltd.’s president after years of operating losses at the clothing manufacturer.
Saudi Arabia and the United Arab Emirates called for maximum “self-restraint” in the Middle East to spare the region “from the dangers of war and its dire consequences,” in an unusually frank joint statement Wednesday.
{{ video.ContentPackages[0].ScheduleStartDateTime | fromNow }}
{{ currentStream.Desc }}