Economy – Page 26 – Golden Financier

Economy

India’s tariff shock: a test of resilience or the chance to reinvent its economy?

India’s economy entered 2025 with momentum few emerging markets could match. Extreme poverty had nearly vanished, an S&P sovereign credit upgrade had lowered capital costs, and GDP growth was running…

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Economy

UK weighs National Insurance on rental income as Reeves seeks to fill £40 bn gap

The UK government is weighing up a controversial new tax measure that would see landlords pay National Insurance contributions (NICs) on rental income, as Chancellor Rachel Reeves searches for ways…

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Economy

Pernod Ricard shares climb as sales, profit beat forecasts: will the rally sustain?

Shares in French spirits group Pernod Ricard rose by more than 5.7% on Thursday after the company reported a smaller-than-expected fall in annual sales and profit, while offering guidance that…

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Economy

Iranian rial crashes to record low amid EU’s sanctions threat

Iran’s embattled currency, the rial, slumped below the psychological barrier of one million to the dollar on Thursday, reaching a new record low as traders and ordinary Iranians brace for…

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Economy

Why are cocoa prices falling sharply as market approaches year’s low

On Friday, the price of cocoa on the Intercontinental Exchange (ICE) in New York experienced a significant drop, falling below the $7,500 per ton threshold. This decline brings the commodity’s price…

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Economy

An inflation ambush: Australia’s 2.8% price spike shatters rate-cut hopes

A brutal inflation surprise has sent a jolt through the Australian economy, as consumer prices jumped far more than expected in July, dealing a significant blow to hopes for another…

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Economy

How Trump’s crushing 50% tariff is upending a decades-long alliance with India

In a stunning and punitive move, President Donald Trump has brought down a crushing 50 percent tariff on Indian goods, a direct punishment for the country’s continued purchase of Russian…

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Economy

UK energy bills to rise 2% in October as debts hit record £4 billion

UK households are bracing for higher energy costs from October, as the national price cap is set to rise by 2%. Ofgem, the energy regulator, confirmed that the cap will…

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Economy

Zinc prices rally on US rate cut hopes, despite supply oversupply

Zinc prices surged above the $2,800 per ton threshold on Friday, buoyed by hopes of an early US interest rate cut following the Federal Reserve Chairman Powell’s speech. However, the sustainability…

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Economy

Trump threatens China with ‘200%’ tariff on critical magnet supply

In a dramatic escalation that threatens to shatter a fragile trade truce, US President Donald Trump has issued a stark ultimatum to Beijing, warning of crippling new tariffs if China…

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