The personal consumption expenditures (PCE) price index rose 0.3% in March, compared to a forecast of a 0.3% increase, according to the data In the 12 months through March, PCE inflation advanced 2.7% against expectations of 2.6%

The talks aim to replace and reform the trade watchdog’s appeals bench, which has been mothballed since 2019 because of opposition to judge appointments by the United States, which cited overreach

On the sidelines of the meeting, the two sides signed a memorandum of understanding to finance the infrastructure of a number of industrial zones in the Sultanate of Oman

India and Oman have annual trade of less than $13bln, but the relationship is important for New Delhi as the Gulf nation is a gateway to the narrow Strait of Hormuz between Oman and Iran

BENGALURU: Countries, mostly middle and lower-income, have been burdened by surcharges on top of interest payments on their borrowings from the International Monetary Fund, widening global inequities, according to a report by US think tanks. 

RIYADH: China’s growing interest in the Middle East continues as the country’s sovereign wealth fund partnered with Bahrain’s Investcorp to establish a $1 billion investment pot.