Bloomberg A decline in core inflation pressures is critical for moderating price gains and returning them to the Reserve Bank of India’s (RBI) 4% midpoint, said a rate-setter at India’s monetary policy panel. The pass through of higher input cost pressures in overall prices may not be complete yet, said Shashanka Bhide, an external member, adding that rising demand …

  Bloomberg The euro area faces a “very difficult economic situation” that will test individuals and businesses, European Central Bank (ECB) Vice President Luis de Guindos said. “The high inflation rates that we are seeing across Europe are coinciding with an economic slowdown and low growth,” he told the Spanish Confederation of Young Entrepreneurs’ Associations in an interview published on …

Bloomberg While declines in chip and Internet giants have put South Korean equities on course for their worst year since the global financial crisis, investors found winners in the electric-vehicle supply chain and defense sector. The benchmark Kospi is down about 22% in 2022, headed for its largest loss since 2008. The biggest drags include a 26% decline in Samsung …