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Americans Hall, Woodford win Nobel prize for work on stabilising economies
STOCKHOLM: US academics Robert Hall and Michael Woodford won the 2026 Nobel economics prize on Monday for decades of work developing ground-up models currently used by central banks and finance…
Business Recorder


India benchmark shares fall as inflation woes overshadow RBI support measures
Indian benchmark indexes fell on Monday as investors assessed the Reserve Bank of India’s latest measures to support the rupee, while concerns over elevated oil prices and a weaker monsoon kept risk…
Business Recorder









Yuan holds near 3-1/2-year high against dollar as rate bets ease
SHANGHAI: China’s yuan hovered near a 3-1/2-year against the dollar on Monday, as reduced expectations of an October US rate hike lent support, while simmering trade tensions could cloud the outlook.
Business Recorder


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