Prices

UK inflation surges to hotter-than-expected 3.5% in April
World

UK inflation surges to hotter-than-expected 3.5% in April

A customer looks at goods on a shelf in a supermarket on January 15, 2025 in London, England. Dan Kitwood | Getty Images News | Getty Images The U.K.’s annual inflation rate hit 3.5% in April, coming in above analyst expectations, according to data released by the Office for National Statistics (ONS) on Wednesday. Economists […]

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Japan’s farm minister said he has never had to buy rice. That cost him his job
World

Japan’s farm minister said he has never had to buy rice. That cost him his job

Japan’s farm minister Taku Eto responds to questions from media after submitting his resignation to Prime Minister Shigeru Ishiba at the prime minister’s office in Tokyo on May 21, 2025. Str | Afp | Getty Images Japan’s farm minister Taku Eto stepped down on Wednesday, domestic media reported, following public outrage over his comments on […]

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Asia-Pacific markets rise as investors eye Reserve Bank of Australia and China loan prime rate decisions
World

Asia-Pacific markets rise as investors eye Reserve Bank of Australia and China loan prime rate decisions

Cityscape image of Sydney, Australia with Harbor Bridge and Sydney skyline during sunset. Vacation and travel in Australia. Prasit Photo | Moment | Getty Images Asia-Pacific markets climbed Tuesday as investors look toward the Reserve Bank of Australia’s policy rate decision, as well as the listing of the world’s largest battery manufacturer Contemporary Amperex Technology. […]

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Walmart’s former U.S. CEO Bill Simon thinks retailer can easily absorb tariff costs, criticizes its ‘doom and gloom’ commentary
Finance

Walmart’s former U.S. CEO Bill Simon thinks retailer can easily absorb tariff costs, criticizes its ‘doom and gloom’ commentary

Fast Money Walmart’s former U.S. CEO Bill Simon thinks retailer can easily absorb tariff costs, criticizes its ‘doom and gloom’ commentary Published Thu, May 15 20257:47 PM EDTUpdated 37 Min Ago Stephanie Landsman@stephlandsman WATCH LIVE Source

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CNBC’s Inside India newsletter: Could border flare-ups threaten India investments?
World

CNBC’s Inside India newsletter: Could border flare-ups threaten India investments?

This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Like what you see? You can subscribe here. The big story Indian Border Security Force (BSF) soldiers stand guard at the entrance of the India-Pakistan […]

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Fed’s Powell cautions about higher long-term rates as ‘supply shocks’ provide policy challenges
Finance

Fed’s Powell cautions about higher long-term rates as ‘supply shocks’ provide policy challenges

Key Points Fed Chair Jerome Powell said Thursday that longer-term interest rates are likely to be higher as the economy changes and policy is in flux. “We may be entering a period of more frequent, and potentially more persistent, supply shocks — a difficult challenge for the economy and for central banks,” the central bank […]

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India’s inflation rate slows to 3.16% in April, marking six straight months of decline
World

India’s inflation rate slows to 3.16% in April, marking six straight months of decline

Indian shopkeepers sell summer fruit watermelons at their roadside stalls in a market area in Siliguri, India on May 2, 2025. Watermelon is a very popular fruit during the summer season. Diptendu Dutta | Afp | Getty Images India’s headline inflation eased to 3.16% in April, the sixth consecutive month of decline. The reading was […]

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European stocks open in positive territory as trade uncertainty lingers; Munich Re drops 5%
World

European stocks open in positive territory as trade uncertainty lingers; Munich Re drops 5%

German reinsurers take 1.4-billion-euro hit from LA wildfires German reinsurers posted losses of more than a billion euros on the back of the Los Angeles wildfires. Munich Re, the world’s largest reinsurance company, said it took a loss of about 800 million euros ($889 million) in the first quarter of 2025 due to the wildfires […]

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Asia-Pacific markets climb after massive rally on Wall Street on U.S.-China trade deal
World

Asia-Pacific markets climb after massive rally on Wall Street on U.S.-China trade deal

This photo was shot from Varanasi, India in the morning. The soft sun light touch the old building along the ganga river. “n”nVaranasi is a North Indian city on the banks of the Ganges in Uttar Pradesh. It is one of the oldest continuously inhabited cities in the world. The spiritual capital of India, it […]

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Asia-Pacific markets poised to mostly rise over optimism of de-escalation in U.S.-China trade tensions
World

Asia-Pacific markets poised to mostly rise over optimism of de-escalation in U.S.-China trade tensions

The Kannai and Chukagai district at night, the hub of Yokohama’s Chinese district and thriving Chinatown entertainment and business district, full of shops, cafes, and restaurants. Copyright Artem Vorobiev | Moment | Getty Images Asia-Pacific markets are set to mostly rise Monday over optimism that U.S.-China trade tensions could de-escalate following the superpowers’ talks in […]

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