CBI warned around 200k more Britons are on track to become unemployed, with unemployment forecast to rise to 5.5% this year, while it cut UK GDP growth forecasts to 1.1% in 2026 and 0.9% in 2027 from prior expectations of 1.3% and 1.5%, respectively
PRE-MARKET INDIAN STOCKS NEWS: Bombay High Court struck down the Centre’s one-time spectrum charge imposed on Bharti Airtel (BHARTI IS) and Vodafone Idea (IDEA IS)
[MARKET ANALYSIS] Asia-Pac stocks trade mixed, with a slightly positive bias after Iran and Israel halted strikes, while Chinese trade data topped forecasts
CBI warned around 200k more Britons are on track to become unemployed, with unemployment forecast to rise to 5.5% this year, while it cut UK GDP growth forecasts to 1.1% in 2026 and 0.9% in 2027 from prior expectations of 1.3% and 1.5%, respectively
US asked China to resume rare earth exports to Japan, with Washington concerned regarding impacts on global high-tech supply chains, according to Nikkei
Treasury Wine Estates (TWE AT) considers US asset sales
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