
BoE’s Bailey Says Market Curve Shows Inflation “Risk Premium”
BoE Governor Andrew Bailey says the market curve suggests a risk premium for inflation, reflecting uncertainty about future price pressures.

BoE Governor Andrew Bailey says the market curve suggests a risk premium for inflation, reflecting uncertainty about future price pressures.

The U.S. dollar gained only modestly despite stronger September rate-hike expectations as inflation risks and global policy shifts limited its momentum.

U.S. services activity accelerated in August as new orders reached a three-and-a-half-year high, while input prices remained elevated.

U.S. employers added 162,000 jobs in August, strengthening expectations that the Federal Reserve may consider a September rate hike.

Summary: Mergers and acquisitions are becoming an increasingly important force in Saudi Arabia as companies expand across a more diversified economy.

Dubai shares rose as stronger economic data from the UAE and Saudi Arabia improved investor sentiment across Gulf markets.

Saudi Arabia has opened its September savings Sukuk offering with an annual return of 4.80%, up from the previous month.

Singapore’s major marine-fuel hub is facing tighter supplies and rising costs as global shipping markets adjust to fuel disruptions.

Barclays plans to more than double its Singapore private banking workforce by 2030 as wealth management demand grows.

An extortion-related shooting at a commercial store in Zone 1 on September 8, 2026, left a merchant wounded and sparked downtown panic.

Drought conditions are reducing water levels in the Panama Canal, leading to shipping cuts and delays that impact global supply chains and highlight climate vulnerabilities.

Oil prices hit a six-week high amid rising US-Iran tensions and reported incidents at Saudi Aramco facilities, highlighting the fragility of global energy supplies and market volatility.

Tensions involving Iran have led to an estimated $100 billion in extra energy costs for U.S. consumers, highlighting the economic impact of geopolitical instability on household budgets.

Labour productivity increased in Q2 2026, reflecting stronger output growth alongside modest gains in hours worked across the economy.
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Land Rover joins the competition to supply the British Army’s next 4x4, challenging established defense manufacturers for a major contract.

Jaguar Land Rover will cut 4,000 jobs over two years while pursuing £1.7 billion in savings amid global automotive competition.

A SpaceX rival has launched a rocket in a historic first, saying the space industry is desperate for more competition.

No talks are scheduled as Canada’s counter-tariffs against the United States are set to take effect at 12:01 a.m. tonight.

The UAE says its energy exports will not be held hostage by the conflict with Iran, despite growing regional tensions.

Volkswagen has reportedly agreed with an Israeli investment firm to convert a car plant into a facility for defense production.

Oil workers in Iran’s Assaluyeh have reportedly protested over wages and working conditions at offshore platforms, demanding better treatment and compensation.

Specialized German cranes for Sydney Harbour Bridge repairs remain in storage due to certification delays, highlighting logistical and regulatory challenges in infrastructure projects.

Singapore has introduced updated screening guidance covering osteoporosis, breast cancer and lung cancer as prevention becomes increasingly important.

Japan’s yen has strengthened sharply as investors increase expectations for a September Bank of Japan rate hike.