India would like to be among the world’s prime five semiconductors producers. CNBC’s Sri Jegarajah studies.
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India is gearing up to be a semiconductor chip powerhouse
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Markets are still underpricing Iran war risks, investors warn as oil fluctuates around four-year high
Renewed fears about the trajectory of the U.S.-Iran war sent global benchmark Brent crude futures to a four-year high and rattled equity markets on Thursday — but analysts say investors are still pricing for peace and underestimating potential future risk. The latest step higher in oil prices came after Axios reported that U.S. Central Command […]
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Euro zone inflation jumps to 3% as economic growth almost stalls
Inflation in the euro zone eased in the last two months of 2022 but the economic indicator is still well-above the 2% mandate of the European Central Bank. Jeff Greenberg | Universal Images Group | Getty Images The euro zone economy expanded by a meager 0.1% in the first quarter of the year, preliminary data […]
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European markets tumble as oil prices surge; ECB and BOE decisions ahead
Hannelore Foerster | Bloomberg | Getty Images LONDON — European stocks opened sharply lower on Thursday as investors digest the latest reports on the Iran war and monitor a raft of corporate earnings and central bank decisions. The pan-European Stoxx 600 was trading 0.4% lower by 8:40 a.m. in London (3:40 a.m. E.T.). Regional bourses […]
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