In no reprieve for the common man, inflation for the week ended May 24 has risen to 8.24 per cent from 8.10 per cent in the previous week. This rise in inflation is primarily due to a rise in food and commodity prices.
Asia markets ended the week on a mixed note with rising inflation among the chief concerns. Japan's Nikkei gained 0.2 percent ( 14,012) thanks to strong sectors such as pharmaceuticals. But the...
Asia stocks gained on Monday but oil prices remained a key factor along with inflation worries. As China basks in the glow of Olympics inflation continues to soar. Fresh data showed factory gate...
Wall Street finished higher after a tame inflation report fueled hopes interest rates will remain low. The Dow gained 66 points. The S&P 500 rose 5 and the Nasdaq was little changed. The consumer...
India's wholesale price index rose to 7.33 per cent adding more pressure on the government as Inflation rises for the week ended April 12 from 7.14 per cent in the previous week.
Oct. 7 - In a dramatic shift, Federal Reserve Chairman Bernanke signaled a readiness to lower U.S. interest rates in an effort to support an economy battered by financial crisis.
August inflation hit 4.7 per cent on the back of huge utility bills and means the Bank of England Governor has to write to the Chancellor. Double-digit rises in energy tariffs sent the Consumer...
Inflation fears took a back seat - allowing Wall Street to have its best day in just over a week. The Dow rallied 165 points. The S&P 500 climbed 20 and the Nasdaq jumped 50. It was a mixed...
A smaller increase in the price of gasoline meant Canada's annual inflation rate slid to 1.4 per cent in March - the lowest growth rate since January 2007, Statistics Canada said Thursday. The...
U.S. personal incomes were down, while consumer inflation rose to a 17-year, but consumers looked on the bright side in August. On Wall Street.....the Dow tumbled 171 points to 11,543. The S&P 500...
Eurozone inflation was higher than anticipated in November buoyed by rising oil prices. MOREINFO: * Eurozone inflation highest in 6 years * Germany against EU emissions proposal * European...
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