EM Assets Buoyed by Easing US Rate Worries, Gains in AI Leaders
Emerging-market stocks and currencies gain as a retreat in a key US inflation measure strengthened hopes that the Federal Reserve may not have to raise interest rates soon.
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India Raises Record $127 Billion in Forex Deposits From Diaspora
India garnered a record of about $127 billion in foreign-currency inflows from its 35-million-strong diaspora since June through a special dollar-swap window, giving policymakers a bigger cushion to support the rupee…
Venezuelan Oil Replenishing US SPR a ‘Pure Fantasy,’ Says Stephen Schork
Stephen Schork, principal and editor at The Schork Group, discusses the Trump administration’s plans to take majority ownership of more than 65 billion barrels of Venezuela’s oil reserves. He also looks at refining…
Former boxer to host annual school uniform giveaway
Ex-Commonwealth lightweight champion Tommy Coyle is running the event in Hull for the seventh year.