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Japanese inflation accelerated in July as higher oil andCommodityprices passed through to consumer goods, deepening the challenge facing the Bank of Japan as it weighs the risks of raising interest rates next month. Core-core inflation, a key gauge that excludes both volatile fresh food …
Treasury Secretary Scott Bessent is seeking to cap rising bond yields using a range of tools available to his department, but traders on prediction market platforms are skeptical those efforts will meaningfully lower borrowing costs. On Kalshi, speculators assign a 56% probability that the …
Shell has drawn interest from potential bidders including ExxonMobil and LyondellBasell for its multibillion-dollar US chemicals assets, as the UK energy major looks to offload underperforming parts of its operations. Shell's US chemicals plants are located across four sites in Louisiana, Texas, and Pennsylvania, …
The S&P 500 fell slightly on Monday as a decline in key technology stocks overshadowed a move lower in Treasury yields. The broadMarket Indexdropped 0.28% to close at 7,652.86, while the Nasdaq Composite lost 0.76% to 25,980.19. TheDow Jones Industrial Averagebucked the trend, gaining …
Bitcoin and crypto-linked stocks extended their rally to start the week after the flagshipCryptocurrencybroke out of its recent trading range amid growing investor concern overInflationand the US fiscal deficit. Bitcoin traded higher by more than 1% on Monday, moving just under $80,000 to levels …
President Trump said Monday the US will raise tariffs on imports of cars, trucks, and auto parts from Canada to 50% on January 1, 2027, following the breakdown of trade negotiations last week. "Canada has been ripping off the United States of America for …
Japan's total import bill reached a historic $76.39 billion in July, propelled by soaring oil prices that significantly altered the economic environment. This figure marks a remarkable 27.8% increase compared to July 2025, as the nation grapples with external geopolitical pressures, notably related to …
Tariffs Regime Sparks Immediate Economic Concerns
Law Enhances Customs Powers to Intercept Counterfeits
EAM Jaishankar's trip to Russia arrives amid heightened tension as U.S. President Donald Trump has threatened a 100% tariff on oil, gas, and uranium imports from countries purchasing these commodities from Russia. This maneuver is part of a broader strategy to exert pressure on …
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