The Bank of Japan will probably increase its benchmark rate this month to avoid falling behind on controlling inflation, according to a former executive director at the central bank.
Big US banks may be able to release up to US$320 billion in capital under revised draft rules unveiled by regulators last month, Morgan Stanley analysts estimated on Wednesday.
The US is discussing sanctions relief for Iran, President Donald Trump wrote on Wednesday, acknowledging a key ceasefire demand from Tehran one day after he threatened to destroy the country.
World Bank President Ajay Banga said on Tuesday the war in the Middle East would result in some degree of slower growth in the global economy and higher inflation, regardless of how quickly it ended.
The Indian rubber industry is experiencing a surge in investment in technology and exports. The global market is projected to face a deficit of 400,000 tons by 2026 due to unfavorable weather conditions.
