India’s June quarter GDP growth at 6.7% amid US tariffs risk
India’s economy expanded at a steady pace in the June quarter, supported by an early monsoon and accelerated exports to the US before new tariffs took effect. According to Bloomberg,…
Platinum miners face profit squeeze amid low prices and rising costs
Northam Platinum CEO Paul Dunne stated on Friday that despite a recent rally, platinum prices remain too low to support new production, even though the increase has provided some relief…
India’s gold demand rises ahead of festive season even as prices rebound
In India, the demand for physical gold experienced a slight increase this week, even as prices rebounded. This uptick in demand was primarily driven by jewellers replenishing their inventories in anticipation…
Forever 21 plans China comeback with Chengdi, eyes North America relaunch
Fast fashion retailer Forever 21 is preparing another comeback in China, marking its fourth attempt since first entering the market in 2008, with the company also looking for a partner…
Europe markets open: FTSE futures point up, DAX slips as a deluge of inflation data awaits
A tense and divided morning is unfolding across European markets, as a resilient month-long rally runs headlong into its final and most formidable obstacle: a transatlantic deluge of inflation data.…
China ups soybean imports from Argentina, Uruguay as US trade war deepens
China is reshaping global soybean trade flows by turning to Argentina and Uruguay for record shipments, as the trade conflict with the US continues to disrupt agricultural commerce. Chinese importers…
Indian refiners boost US crude purchases as Russian oil pressure rises
India’s refiners are turning to US crude imports at a faster pace as geopolitical pressure intensifies over their reliance on Russian oil. The shift comes after a recent drop in…
Platinum miners face profit squeeze amid low prices and rising costs
Northam Platinum CEO Paul Dunne stated on Friday that despite a recent rally, platinum prices remain too low to support new production, even though the increase has provided some relief…
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…
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…