5+ hour, 3+ min ago   (243+ words) Finance Minister Nirmala Sitharaman thanks Iran for active participation in brics Summit and productive engagement in Finance Track deliberations Union Finance and Corporate Affairs Minister Nirmala Sitharaman met Iran’s Minister of Economic Affairs and Finance, Dr Seyed Ali Madanizadeh, in…...

2+ day, 11+ hour ago   (645+ words) US diesel prices hit record levels as war disrupts oil supplies and tightens fuel markets The average price of diesel in the United States has crossed $6 a gallon for the first time, marking a sharp increase in fuel costs as…...

4+ day, 3+ hour ago   (443+ words) Brent crude nears $100 a barrel as escalating attacks in West Asia raise fears of prolonged disruptions to oil supplies and key shipping routes Oil prices moved close to $100 a barrel on Wednesday, reaching their highest level since July, as an…...

5+ day, 5+ hour ago   (667+ words) China’s auto market is being squeezed by weak domestic demand and fierce competition, even as automakers turn to booming exports to drive growth. China’s auto industry is showing two sharply different faces. Automakers are sending a growing number of vehicles…...

6+ day, 2+ hour ago   (528+ words) US sanctions and a naval blockade are squeezing Iran as its leverage over the Strait of Hormuz weakens Six months after a conflict that pushed the Gulf towards a wider war and disrupted energy markets, Iran is facing growing economic…...

6+ day, 8+ hour ago   (428+ words) Crude prices extend gains as attacks on vessels near the Strait of Hormuz raise concerns over prolonged disruption to Middle East oil supplies, while OPEC+ keeps its October output policy unchanged. Oil prices extended gains on Monday as escalating strikes…...

6+ day, 10+ hour ago   (351+ words) As the war between Tehran and the United States continues to escalate, reports suggest Tehran doubled gasoline prices by removing it from the subsidised quota last week. The price change came as households were already struggling with skyrocketing inflation and…...

1+ week, 1+ day ago   (626+ words) Iran has about two months of fuel reserves left as US sanctions, damaged refineries and the loss of key trading channels intensify pressure on its economy Iran is under mounting economic strain, with a senior Iranian official telling Reuters that…...

1+ week, 3+ day ago   (305+ words) Japan’s services activity accelerated in August, with the PMI rising to 52.5 as stronger domestic demand boosted new business, while persistent cost pressures kept expectations of another Bank of Japan rate hike alive. Japan’s services sector expanded at its fastest pace…...

1+ week, 3+ day ago   (833+ words) The latest Beige Book shows modest economic growth, slight employment gains and persistent price pressures, keeping the Federal Reserve’s September rate decision finely balanced. US economic activity picked up modestly in recent weeks, while employment increased slightly and prices continued…...