Tag
China's April trade data beat forecasts despite risks from the US-Israel war on Iran, which had raised concerns about disruptions to shipping routes and energy imports. The result offers temporary relief but the conflict's trajectory will determine whether the resilience holds.
The Indian rupee has hit a record low as surging energy import costs widen the trade deficit and push capital out of the country. This puts the Reserve Bank of India under pressure to raise interest rates despite preferring a pause, which would raise borrowing costs for businesses and consumers.
Tag
China's April trade data beat forecasts despite risks from the US-Israel war on Iran, which had raised concerns about disruptions to shipping routes and energy imports. The result offers temporary relief but the conflict's trajectory will determine whether the resilience holds.
1mo ago · 2 min · Global Affairs
The Indian rupee has hit a record low as surging energy import costs widen the trade deficit and push capital out of the country. This puts the Reserve Bank of India under pressure to raise interest rates despite preferring a pause, which would raise borrowing costs for businesses and consumers.
2mo ago · 1 min · Markets
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