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Indian shares on track for muted open as inflation strengthens rate-hike concerns
Indian equities were poised for a muted open on Tuesday as investors monitored Middle East tensions and elevated crude oil prices , while a faster-than-expected rise in retail inflation strengthened…
Business RecorderTencent markets dollar, dim sum bonds amid AI spending spree
HONG KONG: Tencent Holdings is selling US dollar and offshore Chinese yuan, or dim sum, bonds in a deal that could raise at least $4.5 billion as the Chinese technology giant seeks funding amid…
Business RecorderAI investment props up global growth, but war and debt threaten outlook, IMF says
BANGKOK: The global economy will still manage to top 3% real GDP growth this year as strong AI investment offsets the energy shock from the war in the Middle East, but downside risks are mounting…
Business RecorderIMF sees higher energy prices and interest rates hitting UK growth
BANGKOK: Higher energy prices and a rise in long-term interest rates are likely to weigh on British economic growth next year, the International Monetary Fund warned on Tuesday, even as it revised…
Business RecorderDeadly airport attacks: Saudi says resilience tested, vows response
RIYADH: Saudi Arabia’s energy minister on Monday said the country had been tested but would mount a “serious” response after a string of attacks on Riyadh’s international airport by Yemen’s Houthis…
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