UK inflation returns above 10 percent

UK inflation returns above 10 percent

British inflation jumped back above 10 percent in September on soaring food prices, official data showed Wednesday, with the country gripped by a cost-of-living crisis bedevilling the government. The Consumer Prices Index accelerated to 10.1 percent on an annual...
Asian stocks edge higher, with all eyes on Fed rate path

Asian stocks edge higher, with all eyes on Fed rate path

Asian stocks mostly edged higher on Thursday, tracking gains on Wall Street as markets adjusted following a rout this week on higher-than-expected US inflation data. The data showed US yearly inflation slowing less than expected and monthly inflation rising, stoking...