Norway’s wealth fund plans holdings cut worth USD 80 billion to US Treasuries
Norges Bank Investment Management wants to reduce government bonds in its portfolio and shift towards higher-yielding fixed-income assets...
Tag : inflation
Fed’s next policy meeting in focus as US inflation remains elevated
In July, the Personal Consumption Expenditures Price Index increased 3.7% in the 12 months through the month, unchanged from June...
US borrowing costs rise as attempts to ease rates prove short-lived
Treasury yields rebound despite increased bond buybacks as investors focus on inflation, record debt and uncertainty over the Federal Reserve’s rate path...
Headache for Trump administration as US debt races towards USD 40 trillion
Lost tariff revenue and persistent budget deficits are accelerating borrowing just as investors demand higher returns to hold longer-dated Treasuries...
Singapore doubles down on AI boom, raises forecast after Q2 GDP growth
In its second GDP upgrade of the year, Singapore's Ministry of Trade and Industry lifted its forecast to 4.5%-5.5%, from the previous range of 2%-4%...
Despite weakness in crypto trading, Robinhood beats profit estimates
Robinhood's retail trading remained robust as heightened market volatility, due to the Iran war and the Fed rate outlook, kept investors active...
Oman posts USD 31.5 million budget deficit in 2025, says report
As per the ministry, the deficit was 26% lower than the budgeted deficit of OMR 620 million (USD 1.61 billion), primarily due to higher energy revenues...
Global air travel demand to see a moderate 2026, says IATA
As per the IATA, the industry-wide revenue passenger kilometres (RPK), a key measure of passenger demand, will grow by 2.1% in 2026...
Saudi Arabia’s nominal GDP rises 6.3% in Q1 2026, finds report
Inflationary conditions within the Saudi economy remained stable, with the Consumer Price Index (CPI) remaining at 1.7% in April 2026...
What the Iran war is doing to everyday life in Britain
Both Iran and the United States tried to play hardball with the maritime chokepoint to get the better of each other at the negotiation table in Islamabad...