US retail sales declined by 0.2 percent in January, according to delayed government data released on Friday, missing some analysts’ expectations amid persistent concerns that consumption in the world’s biggest economy is slowing.Read More
Oil prices jumped further on Friday after US President Donald Trump said only “unconditional surrender” of Iran will end the Middle East war, as fresh strikes hit the Islamic republic.Read More
Wall Street’s main indexes opened lower on Friday as the conflict raging in the Middle East threatened to fuel inflation through higher energy costs and data showed the economy unexpectedly shed jobs in February.Read More
The world’s biggest bond markets were headed for their worst week since at least last April as concerns that war in the Middle East will renew upward pressure on inflation and force central banks to start hiking interest rates soon.Read More
The U.S. economy unexpectedly shed jobs in February amid a strike by healthcare workers and harsh winter weather, while the unemployment rate increased to 4.4%.Read More
New signs of labor weakness and oil-driven inflation concerns may saddle U.S. Federal Reserve officials with a choice they’d hoped to avoid between ensuring prices remain contained or keeping a possibly wobbly job market on track.Read More
The Securities Appellate Tribunal granted partial relief to Kotak Mahindra AMC in the fixed maturity plan case by setting aside Sebi’s fee disgorgement order but upheld monetary penalties. The ruling relates to delayed investor payouts linked to recoveries from underlying investments.Read More
For decades, the Gulf’s sovereign wealth funds have preserved and amplified the riches from oil and gas, investing in overseas assets and international markets to create a $5 trillion pot for a rainy day.Read More
Shares of oil marketing companies ended lower on Friday after a day’s breather amid surging crude oil prices due to the deepening conflict in West Asia.Read More
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