UK CPI inflation going nowhere, some economists say

UK CPI inflation going nowhere, some economists say

Inflation at the consumer level in the UK is headed nowhere very quickly, economists said. In a research note sent to clients, Bank of America’s UK economist, Robert Wood, told clients that the UK consumer price index was likely to exceed the Bank of...
North Korea test launches missile ahead of Olympics

North Korea test launches missile ahead of Olympics

North Korea launched two suspected ballistic missiles into the sea near Japan on Thursday in a test launch. The tests fueled tensions between Japan, the US and North Korea as they were carried out ahead of the Tokyo Olympics. “The first launch in just less than...
Asia report: Markets mixed amid technology sell-off

Asia report: Markets mixed amid technology sell-off

Markets in Asia were mixed at the end of the day on Thursday, with technology stocks suffering losses following a sell-off in the sector on Wall Street overnight. In Japan, the Nikkei 225 was up 1.14% at 28,729.88, as the yen weakened 0.33% against the dollar to last...