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NewsOct 08, 2026, 06:10 PM GMT+5:30

Authorities Report at Least 33 Dead in Kramatorsk Strike

At least 33 people were killed and 18 injured in a Russian strike on Kramatorsk, Ukraine, authorities said. The attack hit an area where two passenger buses were operating, prompting officials to suspend public transport in Kramatorsk and nearby Sloviansk.

NewsOct 8, 2026 · 17:55 IST

UK Announces New Russian Finance and Shipping Sanctions

Britain’s foreign office announced sanctions on 8 October targeting Russian financial services and vessels described as part of the shadow fleet, Reuters reported. The measures cover companies allegedly involved in financial services and ships said to carry Russian petroleum products. The announcement is relevant to energy trade and sanctions compliance. The report does not quantify any immediate reduction in exports or establish an associated market-price reaction.

NewsOct 8, 2026 · 17:42 IST

ECB’s Dolenc Sees Case for Further Tightening

ECB policymaker Primož Dolenc said persistent inflation and upside risks could justify further interest-rate increases. He stressed that the timing and size of any hike will depend on incoming economic data and be decided on a meeting-by-meeting basis.

NewsOct 8, 2026 · 17:16 IST

Reuters Poll Points to December ECB Rate Increase

A Reuters poll shows nearly 90% of economists expect the European Central Bank to raise its deposit rate by 25 basis points in December. The shift follows September inflation reaching 3.8%, well above the ECB’s 2% target.

NewsOct 8, 2026 · 16:26 IST

Germany Raises Official Growth Forecasts for 2026 and 2027

Germany has raised its official growth forecasts to 1.3% for 2026 and 1.1% for 2027, up from 0.5% and 0.9%. The upgrade reflects stronger-than-expected economic performance, supported by government investment and improving exports.

NewsOct 8, 2026 · 16:04 IST

BoE’s Greene Warns UK Pay Outlook Could Slow Inflation Progress

Bank of England policymaker Megan Greene warned that UK pay settlements of around 3.5% next year could slow progress in bringing inflation back to the 2% target. She said limited wage disinflation remains a concern for policymakers.

NewsOct 08, 2026, 03:41 PM GMT+5:30

BoE Survey Shows Tighter Household Credit and Higher Unsecured Defaults

The Bank of England’s latest survey showed lenders tightened household credit availability in Q3, while defaults on total unsecured lending increased. Credit-card defaults also rose, highlighting growing pressure on household borrowers despite expectations that credit availability may improve slightly in the next quarter.

NewsOct 8, 2026 · 15:32 IST

Waller Backs Further Fed Hikes but Allows Flexibility on Timing

Federal Reserve Governor Christopher Waller said he supports further interest-rate increases if inflation remains elevated, while stressing that the timing should depend on incoming economic data. His comments reflect a cautious approach to balancing inflation risks with economic conditions.

NewsOct 8, 2026 · 13:54 IST

Japan’s September Economy Watchers Index Rises to 47.0

Japan’s Economy Watchers Index rose to 47.0 in September from 45.6 in August, indicating improved sentiment among businesses and consumers. However, the reading remained below the 50-point level that separates improving from worsening conditions.

NewsOct 8, 2026 · 13:47 IST

German August Exports Fall 0.8%; Trade Surplus Reaches €19.5 Billion

German exports fell 0.8% in August, missing expectations for a 0.6% increase, while imports rose 0.9%. The trade surplus narrowed to €19.5 billion from €21.6 billion in July, with exports to the U.S. dropping 6.3%.

NewsOct 8, 2026 · 13:36 IST

RICS September House-Price Balance Falls to −32%

The UK RICS house-price balance fell to -32% in September from -28% in August, showing increased downward pressure on property prices. Higher interest-rate expectations made buyers more cautious, while sales activity also weakened.

NewsOct 8, 2026 · 13:16 IST

Royal Navy Member Charged Under National Security Act

Royal Navy member Teddy Young, 24, has been charged under the UK’s National Security Act with allegedly obtaining protected information and preparing to disclose it for the benefit of a foreign power. He is due to appear in Westminster Magistrates’ Court.