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Real disposable incomes to grow by 0.8% in 2026 — Economic Development Ministry
Real wages will grow by 2.2%, by 2.5% in 2027
India's forex squeeze, in five charts
Indias forex squeeze in five charts
Youth Unemployment Rises In Early 2026, Young Women Affected Most
India's youth faced high unemployment levels during January and March 2026. While the unemployment levels among the 15-29 age group remained elevated throughout the year, they rose in the final months of the financial year 2025-26.
Trade turnover between Russia and Indonesia approached $5 bln by end of 2025
Over the past five years, the figure has more than doubled, Russian First Deputy Prime Minister Denis Manturov said
PM Modi wants Indians to pause gold buying: How much forex can be saved?
India’s gold imports hit a record $71.98 billion in 2025-26, rising over 24% from $58 billion a year earlier. This was largely due to skyrocketing global gold prices, which have bumped up the value of imported gold.
Russia sees opportunities to expand cooperation with Indonesia in metallurgy
Denis Manturov noted that Russia's product labeling and tracking solutions may also be in demand in Indonesia
US household debt ticks up to new all-time high as inflation continues to rise
U.S. household debt, including mortgages, credit cards, auto loans and student loans, reached an all-time high of $18.8 trillion in the first three months of the year.
Budget earmarks more than $600m for Bondi attack response, with half going to Australia’s Jewish community
Funds flow to charities and other organisations, with Executive Council of Australian Jewry getting $124m for extra securityExplore all of our 2026 Australia federal budget coverageGet our breaking news email, free app or daily news podcastAustralia’s Jewish community will receive an extra $300m for security and support from the federal budget as part of a $604m package in response to December’s Bondi beach terror attack.The government has also set aside federal cash for its proposed national gu...
Rugby league, bird flu and drones: things you may have missed in the 2026 budget
Buried in the Australian budget papers are a multitude of decisions that don’t make the headlines. Here are a few of this year’sExplore all of our 2026 Australia federal budget coverageFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe federal budget allocates billions of dollars towards fuel resilience, tax cuts, hospital funding and aged care, as well as major measures to reform negative gearing, capital gains tax and family tru...
Mexican Corporate Bond Sales Head for Busiest Quarter Since 2021
Mexican companies are selling hard-currency debt at the fastest pace in more than four years, riding a wave of emerging-market corporate issuance in what may prove to be a fleeting window of opportunity in the Middle East conflict.
US inflation hits nearly three-year high due to war with Iran
According to the US Bureau of Labor Statistics, gasoline prices in the US rose by 5.4% in April
Bloomberg Surveillance 5/12/2026
Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day. (Source: Bloomberg)
Iran interested in expanding supplies of petroleum products from Russia — Roscongress
Russia and Iran are currently demonstrating an example of responsible partnership, Anton Kobyakov said
Economic Development Ministry expects average Brent price at $81 per barrel in 2026
The ministry expects Brent prices to decline to $65 per barrel in 2027, $63 in 2028 and $61 in 2029
Strait of Hormuz closure has led to global oil shortage of 1 bln barrels — UAE minister
Sultan bin Ahmed Al Jaber called for the restoration of navigation through the strait
Pentagon says cost of war with Iran approaches $29 billion
"That's because of the updated repair and replacement of equipment cost, and also just general operational costs to keep people in theater," Jules Hurst said
Under Armour Slides on Guidance Miss; Wendy's Up on Private Operator Bid | Stock Movers
On this episode of Stock Movers with Alexis Christoforous: - Under Armour (UAA) shares are sliding after it forecast adjusted earnings per share for 2027 and the guidance missed the average analyst estimate. - Wendy's (WEN) shares are gaining as Financial Times reports that Nelson Peltz’s Trian Fund Management is seeking investor backing for a bid to take the burger chain operator private. - Hims & Hers (HIMS) shares are lower after reporting a first-quarter loss and sales that missed Wall Stre...
US Inflation Accelerates as Gas, Food Prices Climb
US inflation accelerated in April on rising gasoline and grocery costs, exceeding wage growth in a double-whammy for already strained consumers. Eric Winograd, Chief US Economist at AllianceBernstein, reacts to the CPI data. (Source: Bloomberg)
US inflation hits three-year high as 'no end in sight' for Donald Trump's war with Iran
US inflation surged to 3.8 per cent in April, the steepest annual rise since May 2023, as President Donald Trump struggles to address the economic fallout of the US-Iran war.Bureau of Labor Statistics (BLS) figures released today show consumer prices climbed 0.6 per cent month-on-month, exceeding market forecasts.The closure of the Strait of Hormuz, through which roughly a fifth of global oil and gas supplies typically flow, remains the primary driver behind escalating costs.Petrol prices have j...
KKR-Backed Ambulance Firm GMR Shrinks IPO Target to $479 Million
GMR Solutions Inc., an air and ground emergency medical services company that counts KKR & Co. among its backers, revised the terms of its IPO and is seeking to raise $479 million, down from an earlier target of as much as $798 million.