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Central Banks
Markets brace for ECB rate hike to 2.5% as energy costs fuel inflation above 3%
Financial markets expect the European Central Bank to raise interest rates on Thursday, with sources confirming a 25-basis-point increase targeting 2.5% amidst soaring energy prices and rising eurozone inflation.
Economy
Retail financing costs rise to 12.3% of revenue by 2026
A study projects Brazilian retail financing expenses will climb significantly, jumping from 5.1% in 2018 to 12.3% of net revenue by 2026 for the most pressured companies.
Business
Foreign investors seek one-day remittance for G-Secs after tax exemption begins April 2026
The Indian government has exempted foreign portfolio investors from taxes on government bonds starting April 1, 2026. Investors met with RBI officials to request the ability to remit funds within one day of settlement instead of waiting a day longer for remittance letters.
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Business
Brent crude hits $100.95 as Middle East tensions spike global stock losses
Central Banks
Italy's central bank mandates sanctions screening for crypto transfers
Economy
China's producer price index jumps to 3.8% in August, beating forecasts on commodity costs
Economy