Inflation is ‘history’ for the U.S, says veteran economist Steve Hanke
Veteran economist Steve Hanke’s believes the U.S. no longer an inflation problem.
China’s exports record biggest decline in more than 3 years
China’s exports contracted more than expected in June, hit by shrinking global demand and adding to concerns about the world’s second-largest economy.
India’s tomato prices surge over 300%, sparking theft and turmoil
India’s tomato prices have skyrocketed more than 300% as a result of extreme weather conditions.
India’s tomato prices surge over 300%, sparking theft and turmoil
India’s tomato prices have skyrocketed more than 300% as a result of extreme weather conditions.
From multi-millionaire entrepreneur to Indonesia’s minister of tourism — meet Sandiaga Uno
Uno made his fortune with investment firm Saratoga Capital, before becoming deputy governor of Jakarta in 2017. He was appointed tourism minister in 2020.
China’s chip metal export curbs are ‘a wake up call’ for countries to diversify their supply chains
While China produces the majority of the world’s gallium and germanium, it is not the only producer.
Tesla’s push into humanoid robots is set to benefit these 5 global stocks in the supply chain, HSBC says
The bank identified the companies behind key components for humanoid robots, such as machine vision systems, control systems and servo motors.
UBS upgrades Big Pharma stock after shares drop on poor drug results
The Swiss bank believes the pharmaceutical giant’s 30-drug-trial pipeline makes it a “leading player in this field” and expects shares to rise by nearly 30%.
CNBC Daily Open: Prices are low and markets are high
U.S. headline inflation in June rose 3% from a year ago — the lowest level since March 2021, while the S&P and Nasdaq hit a 52-week high.
Asia markets set to rise as U.S. inflation rate slows more than expected
The consumer price index came in at 3%, lower than the 3.1% expected by economists polled by Dow Jones
