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Eurozone Inflation Rises To 3.0% As Estimated

India, May 20 -- Eurozone inflation accelerated in April, as initially estimated, driven by higher energy prices, final data from Eurostat showed Wednesday.The harmonized index of consumer prices post... Read More


U.S. Dollar Ticks Lower As US-Iran Efforts For Peace Negotiations Gather Steam

India, May 20 -- The U.S. Dollar value slipped as indications for ending the U.S.-Iran conflict through negotiations appear prospective. U.S. President Donald Trump expressed optimism that the conflic... Read More


Asian Shares Follow Wall Street Lower As Bond Yields Jump On Iran Uncertainty

India, May 20 -- Asian stocks tumbled on Wednesday as oil prices remained elevated on Hormuz concerns and global bond yields hit multi-year highs, raising concerns about inflation, interest rates and ... Read More


NZ Dollar Falls As Asian Stock Markets Traded Lower

India, May 20 -- The New Zealand dollar weakened against other major currencies in the Asian session on Wednesday amid increased risk aversion by the inversion, as surging crude oil prices led to a su... Read More


German Producer Price Inflation Strongest Since 2023

India, May 20 -- Germany's producer prices increased at the strongest pace in nearly three years in April, data from Destatis showed Wednesday.Producer prices grew 1.7 percent year-on-year in April, r... Read More


Samsung, Google Debut AI Eyewear

India, May 20 -- Samsung Electronics Co., Ltd. (SSNLF,005930.KS,SMSN.L,005935.KS) and Google unveiled AI-powered eyewear developed with fashion brands Gentle Monster and Warby Parker, marking the comp... Read More


Malaysian Trade Surplus Grows In April

India, May 20 -- The Malaysian foreign trade surplus increased sharply in April from a year ago as exports grew faster than imports, data from the statistical office showed on Wednesday.The trade surp... Read More


Stellantis Plan Europe JV With Dongfeng Motor Group For Dongfeng Energy Vehicles

India, May 20 -- Stellantis N.V. (STLA), on Wednesday announced plans to form a Europe-based joint venture with Dongfeng Motor Group Co., Ltd. focused on sales, distribution, manufacturing, purchasing... Read More


UK Inflation Slows To 2.8%

India, May 20 -- UK consumer price inflation slowed more than expected in April reflecting the fall in energy bills and reduced costs for package holidays, data from the Office for National Statistics... Read More


European Economic News Preview: UK Inflation Data Due

India, May 20 -- Consumer and producer prices reports from the UK are due on Wednesday, headlining a light day for the European economic news.At 2.00 am ET, the Office for National Statistics releases... Read More