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US, South Korea and Japan Announce Joint Freedom Edge Military Exercise Iran Considers Conditions for Reopening Strait of Hormuz Global Markets Turn Cautious Ahead of Fed Chair Warsh's Jackson Hole Speech Iran Seeks Military-Vessel Ban in Potential Strait of Hormuz Agreement Nvidia Forecasts Continued Rapid Growth as AI Spending Boom Accelerates Nearly 1,500 Missing After Catastrophic Nepal-Tibet Border Floods, Death Toll Tops 360 Meta Agrees to Pay Up to $18 Billion in Child Social Media Addiction Settlement Indonesia Tightens Security Ahead of Nationwide Rallies US, South Korea and Japan Announce Joint Freedom Edge Military Exercise Iran Considers Conditions for Reopening Strait of Hormuz Global Markets Turn Cautious Ahead of Fed Chair Warsh's Jackson Hole Speech Iran Seeks Military-Vessel Ban in Potential Strait of Hormuz Agreement Nvidia Forecasts Continued Rapid Growth as AI Spending Boom Accelerates Nearly 1,500 Missing After Catastrophic Nepal-Tibet Border Floods, Death Toll Tops 360 Meta Agrees to Pay Up to $18 Billion in Child Social Media Addiction Settlement Indonesia Tightens Security Ahead of Nationwide Rallies

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Economy

Latest economy news, reports, data-led analysis and informed perspectives from NexusWild.

The Reserve Bank of Australia building exterior in Sydney.

Australian Inflation Exceeds Forecasts, Raising Rate-Hike Risk

Australia's annual inflation slowed to 3.5% in July but remained above market forecasts of 3.3%, raising the probability of another interest rate hike by the Reserve Bank of Australia.

Bags of refined white sugar stacked in an Indian wholesale market.

Why Sugar Prices Surged in India and What Is Bringing Them Down

India's sugar prices hit record highs before easing after a government import order. Here is what drove the surge and why retail rates are falling more slowly.