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BOJ executive saw need for vigilance to 'non-linear' inflation spikes
7+ hour, 11+ min ago (375+ words) TOKYO, Sept 14: Japan saw inflation spike due to rising import costs and currency shocks, suggesting such price reactions needed to factor into monetary policy considerations, a central bank official was quoted as saying in conference notes released on Monday. The…...
Trump downplays report China entities helped Iran before attack that killed US troops
7+ hour, 17+ min ago (269+ words) US President Donald Trump on Sunday (Sep 13) brushed aside a report that Iran acquired satellite images of a base in Jordan from Chinese entities before an attack that killed three US troops there in July. A recent report in the…...
Shares skid in Asia as oil rises, rate hikes loom
11+ hour, 41+ min ago (642+ words) SYDNEY: Share markets slid in Asia on Monday (Sep 14) as supply concerns caused oil prices to spike anew, while investors braced for possible interest rate hikes in both the United States and Japan this week. Brent climbed 3 per cent as…...
Oman says Hormuz talks with Iran, Gulf states postponed
18+ hour, 35+ min ago (320+ words) MUSCAT: Oman has announced the postponement of a meeting on Monday (Sep 14) between Iran and Gulf countries on the Strait of Hormuz, the major flashpoint in the Middle East war. Iran's foreign ministry had said there would be a meeting…...
US slaps new sanctions on networks aiding Iran's proxies in Middle East
3+ day, 11+ hour ago (325+ words) “Whether they finance terror, launder money, or help Iran evade sanctions, we will find them,” Treasury Secretary Scott Bessent says as the US widens its crackdown. WASHINGTON: The US government announced new sanctions on Thursday (Sep 10) against firms and individuals…...
Surging oil prices, higher bond yields weigh on stocks
3+ day, 13+ hour ago (578+ words) An oil pump jack pumps oil in a field near Calgary, Alberta, July 21, 2014. Pump jacks are used to pump crude oil out of the ground after an oil well has been drilled. REUTERS/Todd Korol NEW YORK: Oil prices surged…...
Trading Day: Inflation palpitations
3+ day, 15+ hour ago (524+ words) In my column today, I look ahead to Friday's U.S. CPI inflation report, and specifically the importance it has assumed. If it is "hot", the Fed will almost certainly raise rates next week. But how have we got to a place…...