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Asian Share's Mixed Ahead Of Fed Policy Statement

Stocks were mixed in Asia on Wednesday after new US data showed inflation is still running high, putting a spotlight on what action the Federal Reserve will take as it holds its last meeting of the year. Tokyo's Nikkei 225 index ...

US Inflation Surges To 6.2%; Government Trying To Cut Oil Prices: OPEC-US Clash

The US government is worried about their high headline inflation (CPI) rate at 6.2%, which is the highest in more than the last 30 years. {photo-feature} (Also read: India Will Release Strategic Petroleum For The First Time, Crude Oil Prices Expected To Fall) ...

USA CPI Inflation Soared 6.2%, Stock Markets Under Pressure, Assets Rise

Economic activities have started to gain momentum in the USA after the immediate impacts of Covid-second wave started to ease. However, the country has failed to control its inflation rate every month, for a long time. {photo-feature}...

Indian Gold Rates Can Rise In October Even As USA Inflation Rises To 30 Years High

October gold prices started to gain since Thursday this week, after a 3 months low range and it was expected that the first week of October might be following this trend. But the USA's Core Personal Consumption Expenditure (PCE) reports, August ...

Will Gold Prices Fall Soon As US Fed Announces Tapering Timeline?

Gold prices in India depend on the international price trends, measuring factors such as US dollar index and US interest rates. Yesterday, on Friday, US Federal Reserve (Fed) Chair Jerome Powell said that they might start to reduce the monthly bond ...

US Fed Announces The Possibility Of Tapering In Late 2021

Friday, in a virtual meeting to the Kansas City annual Jackson Hole symposium, US Federal Reserve (Fed) Chair Jerome Powell said that they might start to reduce monthly bond purchases, later this year. However, they will not rush to hike the ...

Trump Blocks Green Card Issuance For 60 Days "To Protect American Workers"

On Tuesday (Washington time), US President Donald Trump said that he will temporarily halt issuing of new Green Cards for the next 60 days, however, he backed away from plans to suspend guest worker programs after business groups showed anger over ...

US Tariff Increase On Chinese Goods Kick In; China To Retaliate

The tariff increase from 10 percent to 25 percent on Chinese goods worth $200 billion that was informed by the US President Donald Trump on 5 May, has become effective from Friday midnight. Immediately following the midnight deadline, China's Commerce Ministry ...

Deadline To Impose Higher Duties On American Products Extended

On Friday, the government extended the deadline to impose higher customs duties on 29 products imported from the US, that include walnuts, pulses and almonds to 2 May. On the recommendations of the department of commerce, the finance ministry will once ...

US Concludes Trade Talks In Beijing; Calls It “Constructive”

On Friday, the United States concluded its latest round of trade talks with China. US Treasury Secretary Steven Mnuchin and US Trade Representative Robert Lighthizer were in Beijing for high level face-to-face meetings to resolve the ongoing trade disputes between the two biggest ...

Trump Says Tariffs On China To Remain For A 'Substantial Period'

Talking to the reporters at the White House, American President Donald Trump on Wednesday said that US tariffs on Chinese imports could remain in place for a "substantial period," thus dampening hopes of the possibilities of a renewed trade agreement that ...

Trump Intends To End India's Preferential Trade Agreement With The US

The President of the United States, Donald Trump, said that it is his intention to end India's preferential trade treatment under a program that allows Indian exports worth $5.6 billion to enter the US duty-free. According to a Reuters report, Trump ...

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