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Hong Kong's final second-quarter GDP growth rate was -0.6%, in line with expectations and compared to a previous reading of -0.60%.

2026-08-14

Hong Kong's final second-quarter GDP growth rate was -0.6%, in line with expectations and compared to a previous reading of -0.60%.

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2026-08-13

The Indian rupee traded under pressure versus the dollar on Thursday despite declines in both the dollar and oil. After US July CPI slowed, markets eased near-term Fed rate-hike fears and the dollar softened. Brown Brothers Harriman analysts said the

The Indian rupee traded under pressure versus the dollar on Thursday despite declines in both the dollar and oil. After US July CPI slowed, markets eased near-term Fed rate-hike fears and the dollar softened. Brown Brothers Harriman analysts said the US inflation print prompted a mild dovish shift in rate expectations, cutting fed funds futures’ September hike probability from about 50% to 35%. Currencies of oil-import-dependent economies such as India typically underperform when oil prices are elevated.
2026-08-14

According to the Wall Street Journal, US President Trump has ordered the Navy to remove the electromagnetic catapult system from aircraft carriers and revert to the steam catapult system, a modification that is expected to increase costs by billions

According to the Wall Street Journal, US President Trump has ordered the Navy to remove the electromagnetic catapult system from aircraft carriers and revert to the steam catapult system, a modification that is expected to increase costs by billions of dollars.
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