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Oil Prices Recover After Two Days Of Losses

India, Aug. 5 -- Oil prices recovered some ground on Wednesday after two days of losses amid rising optimism over a potential interim agreement to reopen the Strait of Hormuz. Brent crude futures wer... Read More


Czech Inflation Rises To 1.7% In July; Retail Sales Growth Eases

India, Aug. 5 -- Czechia's consumer price inflation accelerated somewhat as expected in July from a 4-month low in the previous month, while retail sales grew at a slower pace in June, separate report... Read More


European Shares Flat To Higher In Cautious Trade

India, Aug. 5 -- European stocks were flat to slightly higher on Wednesday, after having surged to a record high the previous day, driven by positive corporate earnings and hopes for progress in talks... Read More


Indonesia GDP Growth Softens

India, Aug. 5 -- Indonesia's economy grew at a slower pace in the second quarter but surpassed economists' forecast on government spending and investment, official data revealed Wednesday. Gross dome... Read More


Russian Service Sector Downturn Eases In July

India, Aug. 5 -- Russia's services activity deteriorated at the slowest pace in three months in July, survey results from S&P Global showed on Wednesday. The services purchasing managers' index, or P... Read More


Asian Shares Follow Wall Street Higher Amid Easing AI, Middle East Concerns

India, Aug. 5 -- Asian stocks followed Wall Street higher on Wednesday, with tech stocks leading the surge after American data analytics company Palantir reported robust second-quarter results and rai... Read More


Singapore Retail Sales Growth Improves To 4.0%

India, Aug. 5 -- Singapore's retail sales rebounded at the end of the second quarter, data from the Department of Statistics showed on Wednesday. Retail sales climbed 4.0 percent year-on-year in June... Read More


Kiwi Falls As New Zealand Unemployment Rate Jumps To Highest Since 2015

India, Aug. 5 -- The New Zealand dollar weakened against other major currencies in the Asian session on Wednesday, as the jobless rate in New Zealand rose to its highest level since September 2015 in ... Read More


Infineon Q3 Profit Up, Sees Revenue Growth In Q4, Updates FY26 Revenue View On AI Demand; Stock Down

India, Aug. 5 -- Infineon Technologies AG (IFNNY,IFX.DE,1IFX.MI), a German maker of semiconductor devices, on Wednesday reported higher net profit and segment result in its third quarter, as revenues ... Read More


China Services Activity Growth Weakest Since 2024

India, Aug. 5 -- China's services activity expanded at the weakest pace since September 2024 as new business moderated for the second month and optimism eased to the lowest in more than six years, sur... Read More