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South African rand sets a new three-year low as power woes worsen

The South African rand sets a new three-year low, under renewed selling pressure from the worst power cuts on record. ....

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US inflation hits one-year low

The Consumer Price Index (CPI) in the US dropped 0.1% in December, according to the Bureau of Labor Statistics. ....

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Shares plunge as hawkish ECB escalates recession anxiety

The European Central Bank was the most hawkish of the seven central banks to tighten policy overnight, declaring that rates still need to rise ‘significantly’. ....

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Interest rates: Australian shares edge higher ahead of US Fed's December rate decider

Investors cheered after cooling US inflation lifted hopes of smaller interest rate rises from here, but experts say the CPI is still too high to contemplate outright easing. ....

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Global stocks boosted by China hopes, eyes now on US inflation

New Age, a Dhaka-based leading English language daily newspaper, is a major source of news of Bangladesh and international affairs
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