India’s central bank battles to protect rupee from Iran war fallout
RBI burns through more than $20bn of foreign exchange reserves this month trying to defend currency, say bankers
Economic news
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China curbs ‘low-quality’ listings to cool Hong Kong IPO boom
Regulator targets some opaque ‘red-chip’ structures but signals the market for new issues is still open
The Fed’s juggling act
How will the US central bank handle inflation and a slowing economy?
Oil drops and stocks rebound as Iran war ignites fresh tumult in markets
Israeli leader Benjamin Netanyahu says Tehran no longer has capacity to enrich uranium
Gilts sell off after Bank of England warns of inflation risks
MPC holds rates at 3.75% as war in Middle East continues to push energy costs higher
This gas crisis is bad — but not as bad as the last one
Whatever happens in the Middle East, European prices are unlikely to rise as much as they did in 2022