Both oil benchmarks had settled up 1% on the week on Friday as investors weighed possible supply disruptions in the Middle East and Hurricane Milton's impact on fuel demand in Florida.
Prices of products shipped overseas have been falling at the fastest rate since 2008 crisis
The country should stimulate consumption with spending on education, healthcare and public housing
From climate summit stepping up the green push to oil prices reaching longest decline in 5 years and China suffers the deflation bite, here's a look at some of the major developments from the world of business and economy
Price increases elsewhere are cooling, though still a way from their comfort zones. For policymakers in Beijing, the challenge is of a different nature: escaping the specter of deflation. For all the reasonably positive short-term news on growth in China, declining prices point to anemic levels of demand
As China's political economy faces yet another challenge, it is time for the developing countries of the global South to reflect on the governance model that China offers and seeks to promote
A deepening slowdown in the world’s second-biggest economy has now raised fears of deflation, which could be crippling for heavily indebted China.
Aluminium prices are going to remain between the $2100 and $2300 range largely because of uncertainty of the Chinese economy, said Satish Pai, MD of Hindalco Industries
Beijing’s policymakers fear low investment and consumer spending will hamper the economy’s post-COVID recovery
Deflation is seen not only in crude oil and non-food primary products, but also in manufactured products
For FY23, HUL's rural volumes declined 7 percent while in Q4 FY23, the fall was about 3 percent
Rather than the secrets to miraculous economic growth, today’s students of Japan want to know how to respond when the good times stop
After the pandemic, the short run will probably see a deflationary bust. Will it be followed by rampant inflation?
When the growth engine slows down, income levels for corporates and households are adversely impacted
In this edition of Big Story, Moneycontrol's Sakshi Batra decodes the latest wholesale price data released by the government.
"Japan's economy is battling a crisis, so the priority now is to use all available means to put it on a recovery path," Abe told parliament.
While a rate cut by itself will not solve sector specific issues, a rate cut along with the right communication and cues on liquidity could go a long way in boosting confidence given the current context.
Former BOJ Deputy Governor Kazumasa Iwata criticised the central bank's price forecasts as too optimistic and warned that even hitting 1 percent inflation could be challenging given a recent batch of weak price data.
The International Monetary Fund highlighted concerns over price movements and public debt as it noted the mixed record of Prime Minister Shinzo Abe's growth plan dubbed Abenomics.
"We will put the highest priority on the economy," Abe said at his new-year press conference.
The move to withdraw high-denomination notes is expected to dent immediate consumption in the medium-term, but will have a positive impact on growth and inflation in the long run, says Kumaresh Ramakrishnan, Head-Fixed Income at DHFL Pramerica Mutual Fund.
Shares in the company climbed as much as 4 percent after market researcher Kantar Worldpanel said Tesco's sales grew by 2.2 percent year-on-year in the 12 weeks to Nov. 6, boosting its share of Britain's grocery market to 28.2 percent from 27.9 percent this time last year.
The global weakness is mainly due to the pressure in the German banking sector which led to a decline in Dax by 2 percent, Nick Parsons, National Australia Bank says. Also the upcoming US presidential debate and the OPEC meet have also caused jitters among investors.
In a bid to end two decades of debilitating deflation, Kuroda began a huge money-printing programme when he took office in 2013, tied to a two-year target to push inflation to 2 percent.
Madhu Kela of Reliance Capital, who called the bottom of the market around its 6,800 lows in February, added that near-term returns, especially in stocks that have bounced sharply since (such as public sector banks), may be subdued.