European shares open higher as investors weigh rate rise outlook

European shares opened the week higher, following losses in the previous session as a red-hot US jobs report added to expectations of aggressive interest rate rises by the Federal Reserve. The regional Stoxx Europe 600 gained 0.8 per cent in early dealings, with the FTSE 100 up 0.6 per cent. In Asian markets, Hong Kong’s … Read more

Gold in tight range as investors wary of big Fed rate hikes

Breadcrumb Trail Links PMN Business Author of the article: Publishing date: Aug 08, 2022  •  10 minutes ago  •  1 minute read  •  Join the conversation Article content Gold prices were stuck in a range on Monday, with gains curbed by fears over big rate hikes by the Federal Reserve, while investors stayed on the sidelines … Read more

Asia shares subdued, dollar encouraged by U.S. rate risk

Breadcrumb Trail Links PMN Business Author of the article: Article content SYDNEY — Asian share markets were mostly softer on Monday and the dollar held firm after a stunning U.S. payrolls report pushed back against talk of recession but also bolstered the case for more super-sized rate hikes. Markets quickly moved to price around a … Read more

Delhi reports 2,423 new Covid cases, 2 deaths; positivity rate nears 15%

Delhi on Sunday reported 2,423 fresh COVID-19 cases with a positivity rate of 14.97 per cent, the highest since January 22, while two more people died due to the viral disease, according to health department data. On January 22, the positivity rate stood at 16.4 per cent. This is the fifth … Read more

91% disposal rate for CAT in 5 years, more than UPA’s rule: Jitendra Singh

Union minister Jitendra Singh on Saturday said the Central Administrative Tribunal, which adjudicates government employees service matters, has achieved a disposal rate of over 91 per cent in five years. He said the higher disposal rate was achieved from 2015 to 2019 under the Narendra Modi government, while it was around 89 … Read more

School drop-out rate decreasing across all levels: Govt informs Lok Sabha

School drop-out rate is continuously decreasing in the country at all levels of education, including primary, upper primary and secondary, the government informed Lok Sabha on Friday. Union Women and Child Development Minister Smriti Irani said this in reply to a written question on whether there was an increase in school drop-out … Read more

Delhi records 2,419 new Covid cases, two deaths; positivity rate at 12.95%

Delhi on Friday recorded 2,419 Covid cases, the highest in six months, with a positivity rate of 12.95 per cent, while two more people died due to the disease, according to health department data. It was the third consecutive day that the daily count of COVID-19 cases crossed the 2,000-mark. Delhi … Read more

How Canada’s inflation rate is calculated — and the people who do it

Breadcrumb Trail Links FP Economy The drumbeat of grim, inflation statistics doesn’t just simply materialize out of thin air Publishing date: Aug 05, 2022  •  5 hours ago  •  5 minute read  •  21 Comments “We are wonks, we are nerds, and we really love this stuff,” said Andrew Barclay, an economist with Statistics Canada’s Consumer … Read more