China's factory-gate prices rose 3.9 percent in May, the fastest in nearly four years, as the Iran war and the AI boom drove up energy and materials costs. Consumer inflation stalled at
The Reserve Bank reportedly stepped into the market for the rupee in the same week it cut India's growth forecast to 6.6 percent and raised the inflation outlook to 5.1, as the
Lenovo shares slid nearly 10 percent in Hong Kong on reports of PC price increases driven by memory costs, the squeeze analysts call chipflation. The AI data centers eating the world's DRAM
TSMC's finance chief told the BBC that inflation has pushed up costs and price rises are not ruled out, though nothing sudden. With Nvidia, AMD and Apple downstream, the question is not
The IMF has warned Nigeria that its plan to borrow up to $5 billion through a swap deal with First Abu Dhabi Bank is opaque and risky. The caution lands as Abuja,
The global airline industry will earn about $23 billion in 2026, roughly half of last year, after the war on Iran drove jet fuel up 70 percent and added $100 billion to
Barry Diller's People Inc. submitted an $18 billion non-binding bid for MGM Resorts on June 1, offering $48.30 a share for the roughly 74 percent it doesn't already own. By recusing himself
A stronger-than-expected May jobs report erased $1.7 trillion from global equity markets on Friday, sending the Nasdaq to its steepest single-day loss since April 2025 and raising the probability of a Federal
Bitcoin slid to $59,110 on Friday, breaching the $60,000 floor for the first time since October 2024 and effectively erasing the entire post-election rally that carried the cryptocurrency to a record $122,000.
Precious metals that soared to all-time highs before the US-Israeli strikes on Iran have surrendered those gains and more, with palladium leading losses at 31% as the Federal Reserve holds rates high
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