ECB at a Crossroads: Hormuz Holds the Key to What Comes Next
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Rupee records gain against US dollar
The Pakistani rupee extended its marginal gains against the US dollar in the interbank market on Thursday. The local unit closed the day at 277.35, a gain of Re0.01 against the greenback.
Vince Holding Q2 Profit Declines, But Sales Improve
(RTTNews) - Vince Holding Corp. (VNCE), a fashion company, on Thursday reported lower profit for the second quarter of fiscal 2026, despite higher sales, and raised its full-year sales growth outlook…
Nasdaq invests $100M in Kraken parent at $21B valuation: Report
Nasdaq invested $100 million in Payward as part of its push toward tokenized stock products with round-the-clock trading.
India’s farm yields rise, but China continues to produce twice as much grain
India’s rice, wheat and maize yields have risen, but China continues to produce more than twice India’s total cereal output, BRICS data shows.
United States Dollar Index turns positive ahead of US PPI data
The US Dollar (USD) claws back its early losses and turns positive ahead of the United States (US) Producer Price Index (PPI) data for August, which will be published at 12:30 GMT.
US Economy Can Withstand Two Rate Hikes, Says UBS’s Reiman
Kurt Reiman, head of fixed income at UBS Global Wealth Management, says multiple factors and “definitely not just the deficit” are pushing bond yields higher and explains why he expects two…