Friday , 26 December 2025

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Canada’s CPI rises to 2.4% in January

Bloomberg Consumer price inflation in Canada ticked up in January, while the average of the central bank’s core measures slowed down. The overall Consumer Price Index (CPI) was up 2.4% from a year earlier, after a 2.2% gain in December. That beat economist expectations for 2.3% increase. Excluding gasoline, inflation rose 2% in January. On a monthly basis, inflation rose …

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Singapore dollar vulnerable to 2017 low on easing risk

Bloomberg Singapore’s currency may tumble to the lowest level since 2017 if the central bank responds as strongly to the spread of the coronavirus as it did to the Sars epidemic two decades ago. That’s the view of Tan Teck Leng, a macro strategist at UBS Group AG’s Global Wealth Management Chief Investment Office, who thinks the Monetary Authority of …

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Reliance, Aramco accelerate talks on refinery stake sale

Bloomberg Reliance Industries Ltd.’s talks to sell a minority stake in its oil-to-chemical division to Saudi Aramco have been gathering pace in recent weeks, according to reports. Aramco officials and bankers on the deal have been working at Reliance’s offices in Mumbai for due diligence this month, according to the people, who asked not to be identified as the information …

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