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Korea's inflation woes grow as heat wave drives up food prices
This summer’s prolonged heat wave is pushing up food prices, raising the prospect that a rebound in inflation could be more pronounced than expected in August, according to economists, Sunday.
Korea's inflation woes grow as heat wave drives up food prices
This summer’s prolonged heat wave is pushing up food prices, raising the prospect that a rebound in inflation could be more pronounced than expected in August, according to economists, Sunday.
Contact Energy's net profit climbs to $423 million, up 62 percent on last year
The period includes the acquisition of Manawa Energy, which Contact said contributed to the uplift in earnings.
- Contact Energy's net profit reached $423 million, up 62% from $331 million last year
- Acquisition of Manawa Energy, renewable generation, and lower fuel costs drove growth
- Proposed 250-megawatt data centre in Stratford, Taranaki, contingent on consents and financing
Trump says US ‘low-keying it’ with Iran as Tehran struggles with inflation
The US president signals he is prepared to let economic pressure mount against Iran, while backing away from further military strikes.
