Bloomberg Australia’s headline inflation accelerated last quarter, sending the currency up half a US cent and prompting money markets to pare bets on an interest-rate cut. Quarterly headline CPI increased 0.7%, exceeding the 0.5% median estimate in a survey of economists Trimmed mean CPI rose 0.4%, matching forecasts Annual headline CPI advanced 1.3%, beating a predicted 1.1% gain Annual ...

  AFP Iran on Wednesday urged more Asian companies to invest in the country, saying the lifting of nuclear-linked sanctions had opened vast opportunities for foreign capital. Central bank governor Valiollah Seif told a business seminar in Singapore that reforms put in place since President Hassan Rouhani took office in 2013 helped restore economic stability while the lifting of the ...

  Bloomberg Indian importers of pulses are renegotiating contracts with suppliers after global prices of lentils and yellow peas dropped by as much as 30 percent on bumper global harvests. Contracts of as much as 500,000 tons of lentils and yellow peas worth about $350 million were renegotiated in the past two months, said Sudhakar Tomar, managing director of Dubai-based ...